Dubai Economy (Department of Economic Development - Government of Dubai) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. Dubai Economy supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth. Dubai Economy and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses. “Dubai Competitiveness Office” was also established with the aim of developing the competitive strategy of the emirate and achieving the vision of the government aiming at placing Dubai in an advanced position as the most competitive city in the world.
Agencies of Dubai Economy
Dubai SME, an agency of Dubai Economy, aims to foster an entrepreneurial culture and develop a competitive SME sector for the Emirate of Dubai. The key strategies adopted by Dubai SME are: advocate a pro-business environment for developing entrepreneurship and SMEs, seed innovative start-ups and groom promising SMEs. Dubai SME’s vision is to make Dubai the center for innovative SMEs to start, grow and expand their businesses, thus adding greater value to the economy of Dubai.
Dubai Industries & Exports
Dubai Industries & Exports, the exports promotion agency of Dubai Economy commenced operations in 2007. Dubai Industries & Exports’ mandate is to facilitate trade from Dubai and establish itself as a world-class export development and promotion body by creating an enabling environment for Dubai’s exporters. Dubai Industries & Exports has developed a range of value-added trade support services to UAE-based firms exporting through Dubai, for accelerated and profitable expansion of their businesses in foreign markets
The Dubai Investment Development Agency (Dubai FDI) in Dubai Economy develops, promotes and supports Foreign Direct Investment (FDI) opportunities to facilitate investors’ success, growth and expansion in Dubai, the United Arab Emirates and across regional and international markets.