Sheikh Mohammed reveals D33, Dubai’s economic plan for the next ten years

Key takeaways: 

• Under D33, the Emirate seeks to double the size of its economy during the next ten years. 
• The announcement arrives as Dubai marks Sheikh Mohammed’s 17th accession anniversary.

Dubai: Dubai has embraced “D33”, its new economic plan for the next ten years, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Wednesday.

Dubai adapts D33, which will transform Dubai significantly: 

Under D33, the Emirate seeks to double the size of its economy during the next ten years and be among the world’s leading three economic cities.

“Dubai’s economic plan comprises 100 transformative assignments. Total economic marks amount to Dh32 trillion over the next decade,” Sheikh Mohammed wrote.” We will double our foreign exchange to reach Dh25 trillion during the next decade.”

“We will even add trade halls for Dubai with 400 new cities worldwide.”

The announcement arrives as Dubai marks Sheikh Mohammed’s 17th accession anniversary.

With the D33 economic plan, Dubai strives to be one of the world’s leading four international financial hubs and draw over Dh700 billion as foreign direct investments in 10 years.

Digital change will add Dh100 billion to Dubai’s economy yearly.