Sheikh Hamdan approves Dh18bn worth of projects to 'shape Dubai's future'

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has given final approval to a comprehensive set of initiatives valued at Dh18 billion ($4.9 billion). These projects aim to significantly enhance the quality of life in Dubai by addressing critical areas such as culture, trade, infrastructure, Emiratisation, finance, investment, and urban planning. The decision was announced by the Dubai Media Office following a meeting of the Executive Council of Dubai, where Sheikh Hamdan emphasized the city’s commitment to continuous growth and progress under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Among the most notable approvals is the Dubai Cultural Strategy 2033, designed to elevate Dubai’s status as a global leader in cultural innovation and collaboration. This strategy is spearheaded by Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority. It aligns with broader goals outlined in the Dubai Plan 2033 and the Dubai Social Agenda 33, aiming to make Dubai a global cultural reference point grounded in the UAE’s rich heritage while fostering innovation and attracting international talent.

In addition to the cultural initiative, several other transformative projects have been sanctioned. The Dubai Customs Strategy 2030 seeks to streamline trade processes, strengthen economic ties, and improve security and compliance. Another significant project is the First Al Khail Street Development Plan, which will introduce a strategic corridor parallel to Sheikh Zayed Road. This 15-kilometre elevated carriageway, featuring three lanes in each direction, is projected to reduce travel times along Sheikh Zayed Road by approximately 51%. Construction is slated to begin in the third quarter of 2027 and conclude by the end of 2030.

The Executive Council also approved the Dubai Population Now project, which employs artificial intelligence to maintain a real-time population clock and assist in urban planning. As of the end of 2025, Dubai’s population stood at 4.58 million, representing a 7.5 percent increase from the previous year. This data will be crucial in shaping future infrastructure and services.

Furthermore, the Emirati Talents Strategy in Private Education was endorsed, aiming to increase the number of Emiratis working in private education institutions to 3,000 by 2033. This initiative supports the broader Dubai Education Strategy 2033, reinforcing the government’s focus on local talent development and national employment rates.

The Dubai Investor Register was another key approval, streamlining operations for businesses and investors by allowing them to operate across multiple zones without re-registration. This measure is aligned with international standards set by the Financial Action Task Force and is intended to reduce administrative burdens and operational costs.

Additionally, the council approved a new visual identity for Dubai’s address system, incorporating design elements inspired by the emirate’s natural environment and categorized by urban sectors. This change is expected to enhance clarity and functionality in navigation and urban management.

Finally, the establishment of the Global Centre for Technology and Innovation in Islamic Finance, to be managed by the Dubai International Financial Centre, was also approved. This center is poised to play a pivotal role in advancing financial technologies and innovations within the Islamic finance sector.

These developments underscore Dubai’s ongoing efforts to remain at the forefront of global innovation and governance, balancing rapid modernization with a strong emphasis on sustainability, cultural preservation, and economic diversification. As these projects move forward, they are anticipated to contribute significantly to Dubai’s long-term vision of becoming a leading global city.