The plan aims to double Dubai's economy in the next decade. Reuters
The plan aims to double Dubai's economy in the next decade. Reuters
The plan aims to double Dubai's economy in the next decade. Reuters
The plan aims to double Dubai's economy in the next decade. Reuters

Sheikh Hamdan and Sheikh Maktoum review road map for Dubai Economic Agenda D33


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Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and chairman of the Executive Council, and Sheikh Maktoum bin Mohammed, Deputy Prime Minister and Minister of Finance, and Deputy Ruler of Dubai, reviewed the road map for implementing D33 and its first 10 transformational projects, Dubai Media Office said on Sunday.

A meeting of senior Dubai Government officials at the Museum of the Future discussed the way forward for implementing the Dubai Economic Agenda D33, launched last week by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

D33 aims to double the size of Dubai’s economy with a target of Dh32 trillion ($8.71 trillion) over the next decade.

The plan envisages a programme to support 30 private companies to achieve unicorn status ― worth more than $1 billion (about Dh3.67 billion). Other business incubators will support the growth of private companies, with 400 of the most promising identified.

The 10-year D33 strategy seeks to establish Dubai as the world’s safest and most connected city and a preferred destination for major international companies and investments.

“The announcement of D33 by His Highness Sheikh Mohammed further consolidates Dubai’s development journey. We are ready to start implementing His Highness’s vision immediately. 2033 will mark 200 years since the foundation of Dubai. We aim to make Dubai a global role model that can help realise people’s dreams and offer them the world’s best standard of living,” said Sheikh Hamdan.

D33 aims to make Dubai a global digital economy leader, the fastest-growing and most attractive global business centre, a centre for sustainability and economic diversification, and an incubator and enabler of talented nationals.

Sheikh Maktoum said that growing foreign trade and attracting more foreign direct investment, enhancing Dubai’s financial status, and encouraging young people to participate in new economic sectors were priorities.

“All sectors, including logistics, digital, legal, financial, and infrastructure, need to think out of the box during the next 10 years. Our ambitions today are much higher than before,” Sheikh Maktoum said.

The agenda will drive sustainable economic growth through innovative approaches. It sets ambitious goals, including raising the total value of foreign trade from Dh14.2 trillion in the past 10 years to Dh25.6 trillion and adding 400 cities as key trade partners during the next decade.

The first set of projects of D33 includes Sandbox Dubai, which aims to make Dubai a centre for incubating business innovation by enabling the testing and marketing of new products and technologies. It also includes the Dubai Traders Project, which will empower a new generation of Dubai traders in major growth sectors, driving growth in the city’s vibrant trading hub.

The plan includes initiatives to empower Emirati youth with future-ready skills and aims to make Dubai a leading global centre for higher education to ensure that young Emiratis receive the highest quality of education without having to leave the country.

The first phase of the D33 projects includes launching the Dubai Green and Sustainable Industry Plan, which included benchmarking against the latest industry standards, supporting the export of green products, and adopting a framework for trading carbon credits in the Dubai Financial Market.

The plan also aims to make Dubai one of the top four global financial centres within 10 years, attracting foreign direct investments exceeding Dh700 billion.

The review meeting was attended by Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Civil Aviation Authority and Dubai Airports and chairman and chief executive of Emirates Airline and Group; Sheikh Ahmed bin Mohammed Al Maktoum, chairman of the Dubai Media Council; and Sheikha Latifa bint Mohammed Al Maktoum, chairwoman of Dubai Culture and Arts Authority (Dubai Culture), along with several ministers and senior government officials.

The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

A cheaper choice

Vanuatu: $130,000

Why on earth pick Vanuatu? Easy. The South Pacific country has no income tax, wealth tax, capital gains or inheritance tax. And in 2015, when it was hit by Cyclone Pam, it signed an agreement with the EU that gave it some serious passport power.

Cost: A minimum investment of $130,000 for a family of up to four, plus $25,000 in fees.

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Benefits:  No tax, no restrictions on dual citizenship, no requirement to visit or reside to retain a passport. Visa-free access to 129 countries.

The specs

Engine: 3.0-litre 6-cyl turbo

Power: 435hp at 5,900rpm

Torque: 520Nm at 1,800-5,500rpm

Transmission: 9-speed auto

Price: from Dh498,542

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MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

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Price: From Dh149,900

Engine: 80 kWh four-wheel-drive

Transmission: eight-speed automatic

Power: 402bhp

Torque: 760Nm

Price: From Dh280,000

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

Ultra processed foods

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

UAE currency: the story behind the money in your pockets
Company%20profile
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Florence and the Machine – High as Hope
Three stars

New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
Updated: January 08, 2023, 4:48 PM