- ‘Dubai Future District’ aims to support new companies set to attract global talent and entrepreneurs
Dubai, United Arab Emirates: The Dubai Government is looking to maximise financial opportunities in the CBD by inter-linking Emirates Towers, Dubai World Trade Centre and Dubai International Financial Centre under The Dubai Future District.
Announcing the district’s launch on Twitter, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ruler of Dubai, said the three connected districts will provide a springboard for Dubai to be the ‘world’s capital of the new economy’.
The district will feature a future economy research centre for incubators and accelerators and backed by an AED 1 billion fund which will nurture the growth of new economy companies and tech startups and attract global talent and entrepreneurs.
Marcus Sutton, General Manager of Jumeirah Emirates Towers, said: “Combining the three powerhouse districts will elevate the city’s overall financial appeal and Jumeirah Emirates Towers is proud to be in the centre of this ground-breaking initiative. It will provide convenient access for guests who are working and relaxing in the World Trade Centre and DIFC, and they will benefit from proximity to new cultural attractions such as Museum of the Future.”
The futuristic museum will also serve as a focal point for future technology in diverse sectors such as government services, healthcare, climate change and food security.
Dubai aims to increase its volume of non-oil foreign trade to AED 2 trillion by 2025 and the new economy will be a major focus of the ’50 goals agenda’ in the next five years. It will be supported by 50 offices around the world which will be tasked with promoting Dubai’s trade, tourism and investments.
About Jumeirah Group:
Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, operates and manages a world-class portfolio of 15 properties in the Middle East including the flagship Burj Al Arab, six properties in Europe and four in Asia with 10 properties currently under construction around the globe.
© Press Release 2020