Dubai’s economy is in an upswing and is reaping the benefits of strong policy and able leadership. The results are evident from the performance in key economic parameters in the first half of the year. There is a projection that it may improve in the years to come.
In a recent post in social media, HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, remarked “I reviewed a report on the main highlights of Dubai’s exceptional economic performance in the first half of 2023. Dubai achieved new levels of growth and was at the forefront of many economic fields. Dubai was ranked the best global tourist destination for 2023. We welcomed more than 8.5 million visitors in the last 6 months. Dubai also emerged as one of the world’s three most attractive cities for the wealthy”.
The Value of Sukuk listed on Nasdaq Dubai rose to $75 billion, making Dubai one of the world’s leading hubs for Sukuk listings. The real estate sector recorded an exceptional growth with total transactions reaching AED285 billion. Guided by His Highness Sheikh Mohammed bin Rashid’s vision and Dubai’s Economic Agenda D33, Dubai continues to reinforce its position as a major global economic hub, and will always be the best place to live and work worldwide.
