Dubai to be global creative economic capital by '25: VP
Gulf Today|April 04, 2021
Strategy to double creative industries’ GDP to 5% from 2.6% by 2025; number of creative firms in Dubai to be increased from 8,300 to 15,000 in next five years and number of creators will be raised from 70,000 to 140,000.
Dubai to be global creative economic capital by '25: VP

Women, holding posters, walk towards Parliament Square during a ‘Kill the Bill’ protest in London on Saturday. The step would restrict opposition to police action, rights campaigners said. Associated Press

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Saturday launched the Dubai Creative Economy Strategy, which aims to double the creative industries’ GDP contribution to 5% of Dubai’s economy by 2025, from 2.6% at the end of 2020.

The new strategy seeks to more than double the number of creative companies based in Dubai from 8,300 to 15,000 within the next five years, and more than double the number of creators based in the emirate, from 70,000 to 140,000.

To achieve its goals, the Dubai Creative Economy Strategy includes upgrading the legal and investment environment needed to spur the growth and prosperity of creative industries in Dubai, to enhance the emirate’s atractiveness to creators, investors and entrepreneurs as well as local, and global investments in creative industries.

This story is from the April 04, 2021 edition of Gulf Today.

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This story is from the April 04, 2021 edition of Gulf Today.

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