Sahia Ahmad Outlines Dubai Regulatory Shifts at Milken Institute Summit

Her Excellency Sahia Ahmad, CEO of Regulatory Policy & Governance at the Dubai Department of Economy and Tourism (DET), detailed Dubai’s legislative evolution during the Milken Institute Middle East and Africa (MEA) Summit. The discussions focused on how the emirate’s regulatory frameworks are being restructured to meet the targets of the Dubai Economic Agenda (D33). Driving the D33 Agenda The D33 agenda seeks to double the size of Dubai’s economy by 2033, targeting an economic output of AED 32 trillion. Ahmad emphasized that regulatory agility is a critical component in achieving this growth, particularly in streamlining business setup processes and enhancing investor protections to attract global capital. The strategy involves adding 400 cities as key trading partners and increasing foreign direct investment (FDI) to over AED 650 billion over the next decade. Regulatory Shifts and FDI Ahmad noted that the DET is prioritizing policies that foster innovation in the digital economy and sustainable finance. By modernizing governance structures, Dubai aims to maintain its position as a leading hub for multinational corporations and startups alike. These reforms are designed to…