Dubai: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved a package of projects and plans worth Dh18 billion. These projects will help make life better for people in Dubai, make the economy stronger, and support the city’s long-term plans.
The approvals happened during a meeting of the Executive Council at Emirates Towers. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum was also there.
Sheikh Hamdan said these projects will help important areas like culture, trade, transport, urban planning, education, investment, finance and Emiratisation. This will help make Dubai one of the cities in the world to live, work and invest in.
One of the plans is the Dubai Cultural Strategy 2033. This plan has 40 initiatives to make Dubai a big cultural destination while keeping the UAE’s heritage alive. It will help 6,000 talents bring in 6,000 international creatives and increase the cultural sector’s contribution to Dubai’s economy to 5.4%.
The Executive Council also approved the Dubai Customs Strategy 2030. This plan will make trade easier, strengthen partnerships and improve customer services. This will make Dubai a bigger global trade hub.
New Al Khail Corridor
A big infrastructure project is the First Al Khail Street Development Plan. It includes a 15-kilometre elevated road* that will run parallel to Sheikh Zayed Road.
This road will have six lanes with three lanes in each direction. It will help 2.6 million residents make it easier to get to Al Barsha, Al Quoz, Business Bay and Meydan and reduce travel times on Sheikh Zayed Road by up to 51% during peak hours.
Construction will start in the third quarter of 2027* and should be finished by late 2030. The project will also increase road capacity by around 9,000 vehicles per hour.
Real-Time Population Monitoring
The Council approved the launch of Dubai Population Now, a platform that uses intelligence to give real-time population data. This will help with planning for housing, healthcare, education and transportation.
Dubai’s population is growing fast. It already has 4.58 million people. This is a 7.5% increase every year.
Boost for Emiratisation and Investment
Sheikh Hamdan approved the Emirati Talents Strategy in Private Education, which will create 3,000 jobs for Emiratis by 2033. This will happen through teacher training, accreditation programs and flexible employment pathways.
The Council also approved the Dubai Investor Register, a platform that will make it easier for companies and investors to work in Dubai. This supports the Dubai Economic Agenda D33, which aims to attract Dh650 billion in investment by 2033.
Innovation and Smart City Development
The Council approved an address system for Dubai, which will make it easier to navigate the city. This will be implemented in 186 areas by 2029.
They also approved the Global Centre for Technology and Innovation in Islamic Finance, which will be managed by the Dubai International Financial Centre. This centre will support innovation, talent development and entrepreneurship in finance.
Sheikh Hamdan said Dubai will keep building on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The city will keep launching initiatives to make the economy stronger, improve life for people, and get ready for the future. “Our development journey is ongoing, our momentum never. Our initiatives keep changing. The future will always be brighter, for Dubai and its people, ” Sheikh Hamdan said.
