Dubai: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of The Executive Council of Dubai, said he chaired a meeting of The Executive Council of Dubai during the UAE Government Annual Meetings 2026, where new strategic projects worth more than AED11 billion were approved.
The projects include a comprehensive plan to enhance community services and facilities by 2040, with priority given to residential areas for Emirati citizens.
The Council also approved a project to extend Dubai Metro’s Route 2020 to Al Maktoum International Airport City, with services scheduled to begin operations in 2031.
On the sidelines of the meeting, the Council approved the findings of a study on the future of Dubai’s real estate market. The study highlighted the sector’s strength and resilience and supported its continued development in partnership with the private sector.
Hamdan bin Mohammed also directed efforts to diversify the investment policy for funds held for minors and endowments, strengthen portfolio management, diversify assets, optimise returns and ensure long-term sustainability.
Source: Emirates 24|7