Dubai has recently announced a new economic agenda called ‘D33’, which centres on the city’s ambitious goals of doubling the size of its economy over the next decade and consolidating its position among the top three global cities.
Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Dubai Economic Agenda ‘D33’ includes 100 transformative projects, with economic targets of $8.7 trillion (AED 32 trillion) over the next 10 years, doubling the emirate’s foreign trade to reach $6.8 trillion (AED 25.6 trillion) and adding 400 cities as key trading partners in the next 10 years.
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.”
A hotbed for tech talents
Dubai ‘D33’ aims to accelerate growth by investing in human development, skillsets and advanced technology and consolidating Dubai’s global competitiveness, innovation and knowledge-based economy.
The Agenda will invest in enhancing the advantages gained from Dubai’s strategic location and its advanced infrastructure to raise the city’s status as a preferred destination for major international companies and investments.
The economic agenda also includes plans to generate new economic value from digital transformation, at an average of $27.2 billion (AED 100 billion) annually.
With the digital economy being a major pillar of the city’s agenda, Dubai seeks to embark on a new phase in which it seeks to pioneer and sustain the growth of an economy based on knowledge, innovation and future technologies.
The Dubai Economic Agenda ‘D33’ also opens a plethora of opportunities for tech talents to thrive in Dubai.
The significant focus on digital transformations and attractive prospects for tech investments reinforce the city’s position as a global destination for world-class tech talents.
In fact, a recent report by consulting Boston Consulting Group (BCG) revealed that Dubai has stood out as a leader globally in attracting digital talent. A key driver behind this is the city’s attractive market for tech investments and its robust policies for supporting talents.
