Sheikh Mohammed launches Dubai Economic Agenda, ‘D33’ aims to double size of economy in 10 years

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the Dubai Economic Agenda ‘D33’ on January 4.

The launch was part of Sheikh Mohammed’s annual address on the 17th anniversary of his Accession Day as the Ruler of Dubai.

The agenda’s ambitious goals are to double the size of Dubai’s economy over the next decade, and consolidate its position among the top three global cities.

According to a Dubai Media Office report, Sheikh Mohammed said: “The Dubai Economic Agenda ‘D33’ includes 100 transformative projects, with economic targets of Dhs32tn over the next 10 years, doubling our foreign trade to reach Dhs25.6tn and adding 400 cities as key trading partners over the next decade.”

Today we approved the Dubai Economic Agenda – D33, that aims to double the size of Dubai’s economy in the next decade and consolidate its position among the top three global cities. pic.twitter.com/7hMpEYgdRj

— HH Sheikh Mohammed (@HHShkMohd) January 4, 2023

Sheikh Mohammed added that Dubai will rank as one of the top four global financial centres “with an increase in FDI to over Dhs650bn over the next decade and an annual Dhs100bn contribution from digital transformation”.

“Over 300,000 global investors in Dubai today are helping build Dubai into the fastest growing global city,” he said.

Sheikh Mohammed added: “2033 will mark 200 years since the foundation of Dubai: the year in which Dubai will be the most important global business centre, and by then we would have completed the D33 Agenda. We know our economic path over the next decade. The world makes way for those who know what they want.”