In its 27th meeting chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, the Dubai Free Zones Council reaffirmed Dubai's commitment to building a robust economic framework aligned with the visionary directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum.
Emphasizing economic diversification and foreign direct investment (FDI) attraction, the council outlined plans to leverage technological advancements to propel Dubai among the world's top economic hubs by 2030.
Key highlights include a strategic goal to double FDI to AED650 billion by 2033 under the Dubai Economic Agenda D33. The council discussed the Free Zones 2030 model, aimed at enhancing Dubai's economic landscape by integrating socio-economic benefits and incentivizing international companies to expand operations within Dubai's free zones.
The meeting unveiled streamlined approval processes within Dubai's free zones, facilitating swift and efficient service delivery to meet evolving business demands. The enhanced Business Gateway Portal was introduced to simplify investor journeys and promote sector-specific opportunities.
Addressing Emiratization goals, the council underscored initiatives to empower UAE nationals within the private sector, encouraging free zone-based companies to recruit and train Emirati talents. This initiative supports comprehensive economic and social development objectives.
Furthermore, advancements in data transparency through the Dubai Data and Statistics Establishment were highlighted, showcasing increased FDI inflows and bolstering economic data accessibility for stakeholders.
The council concluded by reinforcing collaborative efforts to combat economic crimes and protect client interests, ensuring the integrity of Dubai's economic sectors.
The Dubai Free Zones Council continues to spearhead initiatives that underscore Dubai's strategic evolution towards a dynamic and sustainable economic future.
News Source: Dubai Media Office
