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Dubai Launches Ambitious Projects to Boost Social Welfare and Economic Growth

Sheikh Mohammed bin Rashid Al-Maktoum, the vice president and prime minister of the United Arab Emirates, has given his consent for Dubai, the country’s largest and most populous city, to start an ambitious project worth 5.5 billion dirhams ($1.49 billion). The completion of these projects by 2024 is planned as part of the Dubai Social Agenda 33, an all-encompassing strategy designed to improve the social welfare and general well-being of the city’s citizens.

This program demonstrates how committed the government is to giving its people the assistance they need, especially when it comes to housing, social services, health care, and education.

The approved projects encompass the distribution of 3,500 land plots among Dubai citizens, along with the provision of 2,300 move-in-ready houses throughout the emirate. These land plots, ranging from 600 to 1,000 square meters, are situated in various areas such as Al Warqa, Al Khawaneej, Al Lisaili, and Al Ruwayyah. The ready-to-move-in houses form part of the Sheikh Zayed Housing Programme, dedicated to offering affordable and high-quality housing options for citizens.

Additionally, the Dubai ruler has issued directions for naming the newly allocated area for the citizen housing project as Latifa City, honoring his daughter, Sheikha Latifa bint Mohammed bin Rashid Al Maktoum. Latifa City, which would cover 14 square kilometers, will have commercial, residential, recreational, and educational buildings in addition to a park, a lake, a mosque, and a hospital.

Furthermore, the prime minister has reiterated the emirate’s commitment to initiating more projects, aligning with the aspirations of Dubai’s citizens and aiming to realize the vision of positioning Dubai among the world’s premier cities. In January, Dubai unveiled a 32 trillion-dirham economic plan, known as D33, designed to stimulate trade and investments over the next decade. This comprehensive agenda includes up to 100 transformative projects in Dubai, with the government aspiring to rank the emirate among the top three economic cities globally. The plan targets foreign trade to reach 25.6 trillion dirhams in the next 10 years, a significant increase from the 14.2 trillion dirhams recorded in the past decade. Additionally, the plan prioritizes enhancing the competitiveness, innovation, and sustainability of Dubai’s economy.

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