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The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and provide services to domestic and ...
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai.
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Map of Dubai. Dubai, established in the early 19th century, is one of the seven emirates that form the United Arab Emirates. Despite being along the eastern edge of the Arabian Peninsula, Dubai is located halfway between the financial capitals of London and Singapore, giving it access to a vast number of people within a short distance. [1] Due to its business enviro
International Monetary Fund (IMF) expected UAE's economic growth to increase to 4.5% in 2015, compared to 4.3% in 2014. The IMF ascribed UAE's potentially strong economic growth in World Economic Outlook Report to the increased contribution of non-petroleum sectors, which registered a growth average of more than 6% in 2014 and 2015. Such ...
Abu Dhabi Department of Economic Development estimates that investments in IT and Telecom sectors are likely to reach AED18.4 billion (USD5 billion) in 2011, as against AED16.1 billion in 2010. [ 3 ] The eGovernment program in the UAE is a key initiative of the UAE Government Strategy 2011-2013 that lays the foundation to achieve UAE Vision 2021 .
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City Dubai Maritime City, Dubai under construction in 2008. A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone.
Dubai Economic Council (Arabic: مجلس دبي الاقتصادي) is a think tank and policy-making advisory body specialising on the economy of Dubai. It is affiliated with the Government of Dubai .