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01.07.24 16:54

Economy

UAE plans to provide additional investment incentives worth US$6,80 billion

An integrated framework, interactive dashboards, and policy impact assessment reports will all be used in Dubai's economic model

The Executive Council of Dubai has given its approval to several new projects and programmes aimed at advancing the city's ambitious economic goals, including being one of the top three metropolitan economies globally by 2033. This is reported by Emirates News Agency (WAM), a partner of TV BRICS.

According to a source, US$6,80 billion will be allocated over ten years by the Foreign Direct Investment Development Programme to assist investment in Dubai.

The UAE also unveiled the Dubai Economic Model, which would employ 3,000 performance indicators to precisely gauge Dubai's progress towards its financial objectives.

To track and evaluate economic performance, the Dubai Economic Model will make use of an integrated framework, interactive dashboards, and policy impact assessment reports.

Photo: iStock

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World Health Organisation Representative in Russia

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"As permanent members of the UN Security Council and important major countries in the world, China and Russia should take a strategic and long-term perspective, drive the development and revitalisation of our respective countries through comprehensive strategic coordination of even higher quality, and work to make the global governance system more just and reasonable"

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