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The Dubai Economic Agenda will help attract more high net worth individuals to Dubai to explore investment opportunities.
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Tax experts on Thursday welcomed the Dubai Economic Agenda announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, saying it would help attract more Net Worth Individuals (HNWI) explore investment opportunities in the Emirate.
Mahar Afzal, managing partner of Kress Cooper Management Consultants, referred to the Dubai economic agenda as the great vision of the revolutionary leader.
Mahar Afzal, managing partner of Kress Cooper Management Consultants, referred to the Dubai Economic Agenda as the great vision of the revolutionary leader to provide investors with the best investment opportunities.
“Sheikh Mohammad is building world-class infrastructure to facilitate high living standards for residents and maximum returns for businessmen. These strategic steps will take the country to its next stage of prosperity,” Afzal told harrij times.
On Wednesday, Sheikh Mohammed announced a new economic agenda that aims to double the size of the emirate’s economy within the next 10 years. The Dubai Economic Agenda ‘D33’ sets out a combined economic target of AED32 trillion by 2033, which will help the emirate strengthen its position among the world’s top three economic cities.
Pankaj S. Jain, Managing Director of AskPankaj Tax Advisors, said the D33 initiative will position Dubai as a leader in this growing global economy.
Pankaj S. Jain, Managing Director of AskPankaj Tax Advisors, said the D33 initiative will position Dubai as a leader in this growing global economy.
“Dubai has emerged as a leading tourism and aviation hub. The focus on the digital, spatial and financial sectors is encouraging. With the implementation of tax and economic partnership agreements (Cepa) with various countries, the emirate’s non-oil economy is sure to grow, ” Jain told harrij times Thursday.
He said the D33 vision will ensure that Dubai is future-ready and continues to be the most beneficial place for generations to come.
Hatem El Safty, CEO of Business Link, said this bold vision demonstrates the leadership and innovation propelling Dubai into a global hub for business and tourism.
Hatem El Safty, CEO of Business Link, said this bold vision demonstrates the leadership and innovation propelling Dubai into a global hub for business and tourism.
“I am delighted to see the ambitious goal set by the Dubai government to double the size of the economy in the next ten years. As a businessman, I believe that with its solid foundations and drive to succeed, Dubai has the potential to achieve this ambitious goals and reach new heights of economic growth and prosperity,” he said.
— muzaffarrrizvi@khaleejtimes.com
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