The Honourable, The emirate’s economy is still growing steadily and exhibiting economic solid indicators that reflect the goals and directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai.
The 3.2% economic growth Dubai achieved in the first quarter of 2024 compared to the same period the previous year, adding more than Dhs 115 billion in GDP terms, Sheikh Hamdan said, is a clear indication of the strength of the city’s economy. Sheikh Hamdan expressed his admiration for the emirate’s accomplishments in this area, which he said show how different stakeholders have worked together to realise the goals of the emirate’s comprehensive development plans for 2033, particularly the Dubai Economic Agenda (D33) and Dubai Social Agenda 2033, which aim to improve living standards and overall well-being while strengthening Dubai’s position as a global economic hub and drawing in foreign investment. Dubai is moving forward in line with a clear vision whose foundations were laid and whose goals were defined by Sheikh Mohammed,” Sheikh Hamdan stated. Today, we see a real-world embodiment of this vision, which has elevated Dubai to one of the world’s most important economic and commercial hubs.
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