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Hamdan bin Mohammed Approves Strategic Policies to Boost Dubai's Global Competitiveness
Hamdan bin Mohammed Approves Strategic Policies to Boost Dubai's Global Competitiveness

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timea day ago

  • Business
  • Hi Dubai

Hamdan bin Mohammed Approves Strategic Policies to Boost Dubai's Global Competitiveness

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved a series of new strategic policies and development projects aimed at strengthening Dubai's role as a global hub for education, innovation, sustainability, and governance. Chaired by Sheikh Hamdan, The Executive Council of Dubai approved wide-ranging initiatives during its latest meeting at Emirates Towers. These include policies focused on higher education, career guidance, air quality, corporate dispute resolution, and construction governance — all aligned with the goals of the Dubai Economic Agenda D33 and the Education Strategy 2033. The Council endorsed a major project to attract top global universities, aiming to position Dubai among the world's top 10 student destinations by 2033. The initiative targets having international students make up 50% of total enrolments, with the higher education sector expected to contribute AED5.6 billion to Dubai's GDP. An Academic and Career Guidance Policy was also approved to support students in making informed career decisions. Led by the KHDA, the policy sets key targets including 90% employment for Emirati graduates within six months of graduation and enhanced collaboration between schools, universities, and employers. To further bolster Dubai's legal and business environment, the Council greenlit the Dubai International Mediation Centre, designed to offer globally recognised, cost-efficient dispute resolution services and attract foreign investment. Environmental sustainability was another key focus, with the approval of the Air Quality Strategy 2030. The plan aims to ensure 90% of days meet clean air standards by the end of the decade, with targeted reductions in major pollutants. Lastly, the Governance Policy for Government Construction Projects was introduced to standardise processes, boost transparency, and optimise public spending. The policy supports Dubai's ambition to raise government investments to AED700 billion over the next decade. News Source: Emirates News Agency

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