Enhancing the resilience of Dubai’s economy is a priority to ensure sustainable growth

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, and Chairman of the Executive Council of the Emirate of Dubai, stressed that enhancing the flexibility of Dubai’s economy represents a strategic priority to ensure sustainable growth and keep pace with global economic changes, within the framework of the objectives of the Dubai Economic Agenda D33, which aims to build a diversified economy based on innovation and effective partnerships.

His Highness said: “We continue to work on developing a flexible economic system capable of absorbing global transformations, by adopting innovative policies and enhancing integration between various sectors, in a way that supports Dubai’s competitiveness and consolidates its position as a global center for business and investment.”

His Highness added: “We are keen to strengthen the partnership between the government and private sectors, and provide an attractive business environment that provides qualitative opportunities for growth and expansion, which contributes to achieving our economic goals and enhances Dubai’s readiness for the requirements of the future.”

This came during His Highness’s visit to the Department of Economy and Tourism in Dubai, where His Highness was briefed on the department’s plans to accelerate the pace of economic growth in the emirate.

During his inspection of the progress of work in the department, His Highness directed to continue taking the necessary steps to enhance the flexibility of the economy in Dubai and accelerate its growth, stressing the importance of cooperation with partners in the public and private sectors, to consolidate the emirate’s position as a leading global center for trade, tourism and investment.

Upon his arrival to the Department of Economy and Tourism in Dubai, His Highness was received by the Director-General of the Department, Hilal Saeed Al Marri, and a number of senior officials. Hilal Saeed Al Marri reviewed the most prominent current and future projects and initiatives led by the Department to support the economy in its various sectors, in addition to its efforts in dealing with recent developments, including food security and the hospitality sector.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum renewed his confidence in Dubai’s ability to achieve sustainable growth in key sectors, praising the department’s commitment to implementing the goals of the Dubai Economic Agenda D33, and strengthening the emirate’s position as one of the best cities in the world in business, investment and innovation, based on the recommendations issued by the recent meeting, which was hosted by the Dubai Council, in which about 300 senior officials and leaders of the business community in the emirate participated.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said, in a blog post on the “X” platform, yesterday: “I inspected the progress of work in the Department of Economy and Tourism in Dubai, and learned about its plans aimed at enhancing the flexibility of the emirate’s economy and accelerating the pace of economic growth. We stressed the importance of integration between the government and private sectors, as a basic foundation for expanding investment horizons and consolidating Dubai’s competitiveness on the global stage.”

His Highness added: “We continue to support our economy and tourism sector, and take practical steps to provide various forms of support and facilities, and adopt innovative solutions that enhance Dubai’s readiness for the requirements of the future, and ensure its ability to deal efficiently with various variables. We trust the ability of Dubai’s teams and its partners from around the world to transform challenges into new opportunities that push our development journey to new horizons.”

For his part, Hilal Saeed Al Marri stressed that, under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, and the follow-up of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense and Chairman of the Executive Council of the Emirate of Dubai, the emirate continues to demonstrate high economic flexibility, supported by a coordinated response characterized by speed, clarity and confidence, indicating that the department’s strategic approach and its cooperation with various partners and entities Concerned in the public and private sectors, enabling it to deal efficiently with transient and short-term challenges, with a focus on achieving the ambitious goals of Dubai’s D33 Economic Agenda, and consolidating Dubai’s position on the global map as a leading business and entertainment destination.

Hamdan bin Mohammed:

• We continue to support our economy and tourism sector, and adopt innovative solutions that enhance Dubai’s readiness for the requirements of the future.

• Integration between the government and private sectors is an essential pillar for expanding investment horizons and consolidating competitiveness.