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The Dubai Future District will connect DIFC, Emirates Towers and Dubai World Trade Centre.

PHOTO BY TWITTER


Sheikh Mohammed launches Dubai Future District

 

DUBAI – The Dubai Future District was launched on Tuesday (January 14), with the Dubai ruler calling it the Middle East’s biggest district focused on future economy.

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, made the announcement at the Dubai Council session.

Sheikh Mohammed also announced a Dh1 billion fund to support new economy companies “who can power Dubai’s future growth”.

“Dubai Future District will connect DIFC (Dubai International Financial Centre), Emirates Towers and Dubai World Trade Centre, making it the Middle East’s biggest future economy-focused district. It will include a future economy research centre, incubators and accelerators and an innovative space for future economy pioneers,” Sheikh Mohammed said.

He said that the year 2020 would bring “significant change and real transformation on our journey over the next decade” and urged residents to “prepare yourself for a new era full of possibility”.

Sheikh Mohammed said Dubai wants to be the capital of new global economy, with an aim of raising its non-oil trade to Dh2 trillion by 2025.

The Dubai ruler also said that the emirate wants to enhance its international presence with the opening of 50 offices in five continents to boost commerce, tourism and investment. ICA/Expat Media

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