Hamdan bin Mohammed chairs meeting of The Executive Council of Dubai

Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, presided over the first meeting of The Executive Council of Dubai, following its recent reconstitution.

Dubai Sandbox project
The ‘Dubai Sandbox’ project has been approved to support the testing and regulation of cutting-edge technologies in Dubai. It enables tech projects and assists government entities in implementing legislation to keep pace with technological advancements. Comprising four main pillars—economic impact, strategic impact, innovation, and applicability—the project aims to empower companies and enhance Dubai's business environment.

In collaboration with Dubai’s Department of Economy and Tourism and the Dubai Future Foundation, the project focuses on establishing a standardised governance and regulatory framework for innovation. The ‘Dubai Sandbox’ project will accelerate the growth of start-ups based in Dubai, particularly in technology and emerging sectors, fostering an entrepreneurial culture and facilitating access to funding. Additionally, it seeks to have an international impact by integrating with the global innovation ecosystem.

As part of the first package of 100 transformative projects of D33, aimed at doubling the emirate's economy over the next decade and positioning Dubai as one of the world’s top three city economies, the project aligns with the D33 agenda's goal of establishing Dubai as a leading hub for innovation. This includes areas such as artificial intelligence, real estate technology, health-tech, and green technologies geared toward addressing climate change.