Kreston Menon’s Post

How Dubai is managed: Key governance principles Continuing our series on Dubai's governance principles, we focus on the eight key tenets set by Sheikh Mohammed bin Rashid Al Maktoum that form the foundation of the emirate's growth. Today, let’s explore the third principle: “We are a Business Capital The Government of Dubai aims to improve the lives of its people through strengthening its economy. Dubai does not invest or involve itself in politics, and does not rely on politics to ensure its competitiveness. We extend a hand of friendship to all those who hold good intentions towards Dubai and the UAE. Dubai is a politically neutral business-friendly global hub that focuses on creating economic opportunities." This principle underpins Dubai's core strategy: to be a global business hub where economics, not politics, take center stage. As a result, Dubai consistently attracts investors and entrepreneurs from around the world. For more on the first two principles, check the hashtag #8principles, #dubaiprinciples

The Dubai Executive Council's latest initiatives, including the Foreign Direct Investment Development Programme and the Dubai Economic Model, reflect a clear commitment to bolstering the emirate's position as a global economic powerhouse. These measures, designed to attract substantial investment and ensure data-driven decision-making, demonstrate a proactive approach to achieving the ambitious goals outlined in the D33 economic agenda. #dubai #d33 #economicagenda #fdi #investment #economicgrowth #economicdevelopment #uaeinnovation #uaebusiness #futureofdubai

This is BIG News for Malaysia 🇲🇾 Malaysia and Sharjah joining forces for investment in the Middle East presents a remarkable opportunity for both parties. With Malaysia's expertise in various industries such as technology, manufacturing, and Islamic finance, and Sharjah's strategic location and growing economy, the collaboration can yield significant mutual benefits. #MalaysiaMiddleEastPartnership #InvestmentOpportunity Malaysia can leverage its strong Islamic finance sector to tap into the Middle East's burgeoning halal industry. Collaborating with Sharjah, a hub for Islamic finance and halal products, can lead to the development of innovative financial products and services tailored to the Middle Eastern market. This partnership can drive economic growth and foster greater financial inclusion in the region. #HalalEconomyCollaboration #IslamicFinanceExpansion Malaysia's advanced technology sector can complement Sharjah's ambitions to become a leading technology and innovation hub in the Middle East. By sharing expertise and resources, both parties can accelerate technological advancements and attract investments from global tech giants. This collaboration can also facilitate knowledge exchange and capacity building, nurturing a skilled workforce equipped for the digital age. #TechInnovationPartnership #MalaysiaSharjahTechHub Malaysia and Sharjah can collaborate in the renewable energy sector to address the region's growing demand for sustainable energy solutions. Malaysia's experience in solar energy, coupled with Sharjah's commitment to renewable energy initiatives, can pave the way for joint ventures in solar power projects, research, and development. This partnership aligns with global efforts to combat climate change and promote environmental sustainability. #RenewableEnergyAlliance #SolarPowerCollaboration Malaysia's vibrant tourism industry can benefit from collaboration with Sharjah's rich cultural heritage and tourism offerings. By promoting joint tourism packages and cultural exchanges, both parties can attract more visitors from across the globe, stimulating economic growth and fostering cultural understanding. This partnership can also create opportunities for hospitality and leisure businesses to expand their presence in the Middle East market. #TourismExchangeProgram #CulturalHeritagePartnership The collaboration between Malaysia and Sharjah holds immense potential across various sectors, from finance and technology to renewable energy and tourism. By leveraging each other's strengths and resources, both parties can unlock new opportunities for growth, innovation, and prosperity in the Middle East and beyond. #MalaysiaSharjahPartnership #MiddleEastInvestmentOpportunities Malaysia Digital Economy Corporation (MDEC) Ts. Mahadhir Aziz, PMP Gopi Ganesalingam Raymond Siva Arham Abdul Rahman Tengku Zafrul Aziz Fahmi Fadzil Rafizi Ramli EPS Recruitment & Outsourcing Kevin Liang

Dubai Free Zones Council Deliberates on Free Zones Model 2030 During the 26th meeting of the Dubai Free Zones Council (DFZC), H.H. Sheikh Ahmed bin Saeed Al Maktoum affirmed the council's focus on developing performance indicators to boost Dubai's economy and attract international investments. These indicators aim to enhance the DFZC's role in diversifying the economy and supporting Dubai's growth plans, including the Free Zones Model 2030 initiative. Real-time data mechanisms were approved to aid decision-making within free zones while maintaining data privacy and governance standards. Updates on draft laws to streamline administrative procedures and improve Dubai's attractiveness to businesses were discussed. The council also reviewed progress on initiatives such as anti-money laundering efforts and standardizing services within free zones. Future projects include corporate tax awareness sessions and budget reviews to further strengthen Dubai's free zones' contributions to the emirate's economy.   Visit the link for more information: https://lnkd.in/gE6hVu5A   Follow us for more updates.   #FreeZone #Dubai #economy #InvestinUAE

Discover Dubai's investment potential with these three 🔥 hot tips! Ready to capitalize on opportunities in this dynamic market? Unlock success and smart investing in Dubai today! #DubaiInvestment #InvestmentTips #SmartInvesting #DynamicMarket #UnlockSuccess #OpportunityKnocks #InvestInDubai #FinancialGrowth #HotTips #DubaiOpportunities

These inspiring words were shared by our CEO, H.E. Hussain Al Mahmoudi, during a panel at the Sharjah Investment Forum. "A smart economy is an economic model that leverages technological advancements and transformation to improve the lives of citizens and boost economic productivity. At its core, this economy focuses on developing human capital, which is the key to sustained growth and innovation." At Sharjah Research, Technology and Innovation Park (SRTI Park), we are committed to nurturing talent and fostering an innovation-driven economy that empowers individuals and strengthens the community. Together, we are building a smarter, more sustainable future. #SRTIPark #SmartEconomy #HumanCapital #Innovation #SharjahInvestmentForum #Technology #EconomicGrowth

A Guide to Top International #Banks in #Dubai Dubai which is an integral part of the United Arab Emirates has put itself on the map as one of the most significant investment hubs. This is perhaps one of the most justified reasons why business personalities worldwide consider this city as the epitome of investment. prior conditions can be named as follows: The availability of the infrastructures at the world-class level, the non-concessions on tax to the foreign investors, and the multicultural population make Dubai a promising area for international business organizations. Read more: https://lnkd.in/gk_3KUZJ

#Dubai maintained its position as the world’s top city for attracting Greenfield Foreign Direct Investment (#FDI) projects in the first half of the year. Ranked ahead of major financial hubs such as #London, #Singapore and #NewYork, #Dubai has now held the top global position in attracting #Greenfield FDI projects for six consecutive half-year periods since the second half of 2021. In H1 2024, Dubai was No.1 across a range of sectors, including #tourism, #realestate, #artificialintelligence, headquarters, #logistics and #fintech, further solidifying its position as a global investment centre. Dubai attracted 508 #GreenfieldFDI projects from #January to #June 2024, representing a 6.2 percent global share, growing from 5.7 percent in the same period last year. Government of Dubai Media Office Emirates News Agency - WAM - وكالة أنباء الإمارات - وام #UAE #Dubai #investments #FDI #global #hub #transformation #growth #sustainability #infrastructure #Economy #Tourism #achievements #D33 #2033 #AI #marketgrowth #vision #futureisnow #InvestmentInGrowth #NewOpportunities #EconomicGrowth #BuildingFutures #SustainableInvesting #GlobalInvestment #BusinessExpansion #ForeignDirectInvestment

Dubai has solidified its position as the world's leading hub for foreign direct investment (FDI). According to Financial Times Ltd's 'fDi Markets' data, Dubai ranked No. 1 globally for attracting Greenfield FDI projects in 2023, marking the third consecutive year it has achieved this top position. The city also led globally in key sectors including consumer goods, energy, e-commerce, and tourism for attracting Greenfield FDI projects, capital, and job creation through FDI. This global FDI performance aligns with the ambitious goals of the Dubai Economic Agenda D33, launched in early 2023 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The agenda aims to double the size of Dubai's economy by 2033, highlighting the city's robust economic growth and appeal to international investors. Read the full article in the link below: https://lnkd.in/dTH6Gbwn #gulfnews #TheSovereignGroup #Sovereign #SovereignGroup #uaebusiness #uae #business #FDI #greenfield #investment #finance #economy #dubai #d33 #initiative #growth #energy #ecommerce #tourism

Dubai is the number one city in the world for foreign direct investment (FDI) into cultural and creative industries, according to Financial Times data. In 2023 FDI in cultural and creative industries almost doubled, to reach AED11.8bn ($3.2bn) as well as creating 21,563 new jobs a report said. The full article can be accessed here: https://lnkd.in/dgrRcUyE