His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has announced that the Dubai World Trade Centre (DWTC) generated an economic output exceeding AED 22.35 billion in 2024.
The announcement follows His Highness's review of the DWTC's 2024 Economic Impact Assessment Report, which highlights the centre's growing role as a key driver of Dubai’s economy.
The report revealed that DWTC hosted over 100 major events throughout the year — a 32% increase from 2023 — attracting around two million participants from across the globe.
In a post on his official X platform account, Sheikh Hamdan stated: “These figures reflect Dubai’s leadership and position as a global capital for business and innovation, and consolidate the centre’s position not only as a platform for hosting the most important exhibitions and conferences, but also as a driver of comprehensive development and a key supporter of the Dubai Economic Agenda D33.”
He added that the Dubai World Trade Centre is not just a venue, but a strategic enabler of economic growth — creating opportunities, building partnerships, and shaping the future. The DWTC’s success in 2024 aligns with Dubai’s broader economic goals under the D33 agenda, which aims to double the size of Dubai’s economy and establish it as one of the top global cities for business and innovation.
Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga said in an interview with Reuters.
Ghana considers the UAE a strategic partner in its development journey, particularly in economic growth and infrastructure reform, Lydia Lamisi Akanvariba, Minister of State for Public Sector Reform of Ghana, said at the World Governments Summit.
The UAE has signed a partnership with the Ministry of Industry and Advanced Technology (MoIAT) and the World Economic Forum (WEF), aimed at accelerating the digital and technological transformation of the country’s manufacturing sector.
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?