Sheikh Mohammed Announces 10 Economic Principles of the UAE

9 November 2023

Sheikh Mohammed Announces 10 Economic Principles of the UAE

Sheikh Mohammed Announces 10 Economic Principles of the UAE

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, revealed the “Economic Principles of UAE” during the UAE Government Annual Meetings 2023. These principles set the stage for the country to become the world’s best and most active economy.

Economic Principles

Sheikh Mohammed emphasized the UAE’s commitment to a strong digital structure, secure systems, flexible legislation, and forward-thinking to attract top talent globally. The 10 principles position the UAE as a globally integrated economy with a focus on innovation, sustainability, and a robust financial sector.

Key Principles

  1. The UAE as a globally open free-market economy
  2. Attracting top talent
  3. Investing in the digital economy
  4. Creating opportunities for youth
  5. Managing a sustainable and balanced economy
  6. Offering a strong and stable financial system
  7. Ensuring a strong and fair legislative environment
  8. Upholding transparency and the rule of law
  9. Supporting businesses with a strong banking sector
  10. Providing the world’s finest transport and logistics infrastructure

These principles aim to propel the UAE to the forefront of global economies, offering a thriving environment for innovation, investment, and economic growth.

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9 November 2023

Sheikh Mohammed Announces 10 Economic Principles of the UAE

uae economic principles

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