The new master plan vision by Nakheel and record growth in non-oil trade

The new master plan vision for 5 artificial Dubai Islands (Deira Islands) was unveiled by Nakheel

Total area – 17km² The master plan features:

• 80+ resorts and hotels
• Malls and entertainment centres
• 20km of beaches
• 2km of parks
• Golf courses, etc.

Dubai has consolidated its position as a global business hub by securing the rights to host 99 major conferences and congresses in H1 2022

Among them:

• Sun Pharmaceuticals Industries' Convention
• IBM Best in Tech conference, etc.

A total of 200 bids were submitted. These events are set to attract more than 77,000 delegates.

The UAE achieved record growth in non-oil trade in H1 2022 compared to H1 2021:

17% ($431 billion) Export is higher by 8% ($49 billion) Import is higher by 19% ($158 billion) Re-export is higher by 20% ($82 billion)