The emirate, which is a member of the United Arab Emirates, is the trade and financial hub of the Middle East. On several international metrics, Dubai is already among the top cities in the world.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has announced the ambitious Dubai Economic Agenda ‘D33’. The program sets combined economic targets of Dh32 trillion, aiming to increase the emirate's economy, double foreign trade to AED25.6 trillion, and add 400 cities as important trading partners over the next decade.
While Hong Kong and Singapore are in the midst of production and seller's hubs, Dubai is at the core of a buyer's market throughout the area, as well as a gateway to an economic corridor with Africa, Latin America, and South East Asia.
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