UAE

Hadi Badri Outlines Dubai’s D33 Strategy to Sustain Economic Growth Amid Volatility

Hadi Badri Outlines Dubai’s D33 Strategy to Sustain Economic Growth Amid Volatility

DEDC CEO Hadi Badri outlines strategies to reach AED 32 trillion GDP target through transparency and sector diversification.

Hadi Badri, CEO of Dubai Economic Development Corporation (DEDC), is overseeing the city’s drive to double the size of its economy by 2033 under the D33 Economic Agenda. In recent executive discussions, Badri detailed the city’s strategy for maintaining investor confidence despite regional geopolitical volatility and global economic shifts. The D33 agenda targets a GDP increase to AED 32 trillion over the next decade. Data Transparency and Policy Shifts To mitigate external risks, Dubai is prioritizing regulatory clarity and data-driven decision-making. Badri emphasized that the DEDC focuses on providing investors with consistent access to market performance data, which serves as a buffer against speculative market reactions. This approach is part of a broader mandate to increase foreign direct investment (FDI) inflows to an average of AED 60 billion annually. The DEDC is currently coordinating with private sector stakeholders to identify barriers to entry in high-growth industries. By streamlining licensing processes and expanding digital infrastructure, the department aims to reduce operational costs for multinational corporations established in the emirate. This internal…