Mohammed bin Rashid allocates AED65 bn to Emirati housing programme in Dubai

country’s general direction in terms of quality, sustainability and innovation – great examples being the cultivation system of Cabruca where cacao trees grow in the shade of other trees native to the ecosystem, meaning no deforestation and the cacao innovation centres in Southern Bahia.

" For his part, Chohfi commented, "It is a great satisfaction for the ArabBrazilian Chamber of Commerce to strengthen its cooperation with the DMCC.

Brazilian companies will be able to set up branches in the emirate of Dubai to explore existing business opportunities there, as well as the possibilities existing throughout the Arab world.

Brazil and the United Arab Emirates have a productive and long-standing partnership in food security, which still has plenty of potential for further sustainable growth.

" DMCC also met with several senior government officials across Brazil, including Joao Doria, Governor of Sao Paulo, and Romeu Zema, Governor of Minas Gerais.

Underlining its position as a leading business hub and gateway for global trade, the DMCC delegation shed light on the ease of doing business in Dubai and within DMCC, and highlighted its commitment to supporting the presence of Brazilian businesses in the Emirate.

As Dubai prepares to welcome the world to Expo 2020 Dubai, held under the theme ‘Connecting Minds, Creating the Future’, Bin Sulayem also highlighted the wealth of opportunities on the horizon. Particularly relevant to the Brazilian market, DMCC recently announced plans to launch a state-of-the-art DMCC Cacao Centre in Dubai as part of its long-term growth strategy and vision to continuously widen the range of commodities under its umbrella.

In Brazil, DMCC took the opportunity to visit a number of cacao farms and meet with industry professionals and experts in order to better understand the needs of the market and explore how Dubai can play a central role in its sustainable growth.

Mohammed bin Rashid allocates AED65 bn to Emirati housing programme in Dubai DUBAI, 22nd September, 2021 - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the allocation of AED65 billion to an Emirati housing programme in Dubai.

The budget will be spent over the next two decades to provide quality housing for Emiratis.

His Highness also issued directives to quadruple the number of citizens benefiting from the housing programme effective from next year, and to increase the land plots allocated to Emirati housing projects in Dubai to 1.

7 billion square feet, which will meet the demand from citizens over the next 20 years.

Sheikh Mohammed said quality housing is everyone’s basic right and a top priority for the government.

"We have adopted an integrated housing policy, which I will supervise myself.

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, will follow up on its plans.

" His Highness said Dubai’s vision is to be the world’s best city to live in. Developing housing for citizens is a top priority that forms part of this objective, he added.

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, highlighted the importance of streamlining efforts to implement the Dubai 2040 Urban Master Plan launched by Sheikh Mohammed bin Rashid, which maps out a comprehensive plan for sustainable urban development in Dubai.

"We are proud of the spirit of teamwork and collaboration with which we serve our citizens.

We are committed to provide the highest quality of services to them through public-private partnerships. Working as one team, we continue to work to build a brighter future for our citizens.

"The government’s strategic plans for the future revolve around enhancing the quality of life our people enjoy.

The directives of HH Sheikh Mohammed bin Rashid highlight the keenness of the government to provide quality housing to citizens. The welfare of our citizens is at the centre of all our projects.

Their security, wellbeing and prosperity remains our highest priority," Sheikh Hamdan said.

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Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, said the provision of housing facilities is a key focus of the government.

"Under the directives of His Highness Sheikh Mohammed, we are working to develop a comprehensive plan for ensuring our citizens have access to high quality housing over the next 20 years.

Dubai’s urban development plans are subject to constant review and our housing policy will continue to evolve according to the requirements of our citizens," Sheikh Maktoum said.

The Dubai 2040 Urban Master Plan sets out a comprehensive future map for sustainable urban development in the city.