UAE to mark 50th year with 50 economic projects

It will come as the UAE embarks on an ambitious diversification strategy, which is a common theme among governments in the Gulf region. (Shutterstock)
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Updated 02 September 2021
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UAE to mark 50th year with 50 economic projects

  • Dubai ruler Mohammed bin Rashid and Abu Dhabi Crown Prince Mohammed bin Zayed will announce the national projects on Sept. 5

DUBAI: UAE leaders are set to announce 50 economic projects, with a focus on entrepreneurship, circular economy, and the fourth industrial revolution, as the country marks its 50th anniversary.

Dubai ruler Mohammed bin Rashid and Abu Dhabi Crown Prince Mohammed bin Zayed will announce the national projects on Sept. 5.

“The UAE is starting a new season in a different way this year. We will announce a series of 50 significant economic projects starting from September 5 to lead the next phase of growth,” the Dubai ruler said on Twitter.

The projects will cover economic and social development, according to a government statement, and will explore opportunities in entrepreneurship, as well as application of the fourth industrial revolution.

The country also aims to double its foreign direct investment, and promote its position as a global incubator of talent and investors.

It will come as the UAE embarks on an ambitious diversification strategy, which is a common theme among governments in the Gulf region.

“The people of the UAE are encouraged to take part, harnessing their knowledge, creativity and resourcefulness so our nation can seize the opportunities of the future,” Crown Prince Mohammed bin Zayed said.


Saudi Arabia’s NDF unveils strategic partners for MOMENTUM 2025 conference 

Updated 07 December 2025
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Saudi Arabia’s NDF unveils strategic partners for MOMENTUM 2025 conference 

RIYADH: Saudi Arabia’s National Development Fund has unveiled the lineup of strategic partners for the Development Finance Conference MOMENTUM 2025, as the Kingdom accelerates efforts to build a more integrated development-finance ecosystem.  

The conference, scheduled for Dec. 9–11 at the King Abdulaziz International Conference Center in Riyadh, will bring together policymakers, lenders and global development institutions as the Kingdom seeks to expand financing channels for key sectors. 

Saudi National Bank and Arab National Bank are named Main Partners, while Riyad Bank will serve as Banking Partner, NDF said in a press release.  

Bank AlJazira and Saudi Awwal Bank join as Enabling Partners, and public-sector participants include Invest Saudi, the Made in Saudi Program, and the Saudi Conventions and Exhibitions General Authority. 

Riyadh Municipality also joins the list as the host city partner, while Saudi Post is the logistics partner for the conference. 

“Collectively, these partnerships advance the conference’s vision of fostering collaboration among public and private sectors, contributing to Saudi Vision 2030 objectives,” the release said. 

Organized by NDF, this year’s conference is convened under the theme “Leading Development Transformation.” 

MOMENTUM 2025 reflects the NDF’s central role as a principal enabler of development in the Kingdom and as a strategic driver of the national development finance system through its 12 affiliated development funds and banks.  

“Through this conference, NDF aims to align efforts, amplify impact, enhance coordination and integration, and build meaningful partnerships with leaders across the public and private sectors. Together, these efforts are intended to ensure sustainable growth and empower strategic sectors to deliver on national and global development goals,” the release added.  

The program will feature more than 100 speakers from over 120 local and international entities, further underscoring the conference’s role as a national forum supporting the leadership’s vision of building a dynamic financing ecosystem that empowers key sectors. 

Several princes, ministers, senior officials, CEOs, global leaders, development experts, and economists are scheduled to attend the conference. 

The event will spotlight the contribution of the private sector and small and medium-sized enterprises in elevating the Kingdom’s economic growth, generating jobs, and boosting competitiveness.