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Mohammed Bin Rashid Praises Emirates Group Dubai Economic Role

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, praised the Emirates Group's outstanding performance as highlighted in its Annual Report for the fiscal year 2023-2024. The report showcased the Group's exceptional financial success, characterized by record profitability and an unwavering commitment to excellence.

In his address on the occasion of the release of the Emirates Group's annual report, Sheikh Mohammed emphasized the Group's significant role in adding value not only to the nation but also to the global community. He highlighted Emirates' remarkable growth trajectory in the aviation industry, transforming from a modest player to a powerhouse with a global presence across 277 cities worldwide. This growth has solidified Dubai's position as one of the most interconnected cities globally.

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Sheikh Mohammed commended both Emirates and dnata for leveraging Dubai's strategic advantages to build resilient business models capable of navigating through various crises and challenges. He underscored the Group's dedication to excellence, innovation, and sustainability, which have earned it a strong global reputation and stakeholders' trust.

Furthermore, Sheikh Mohammed emphasized the importance of the Emirates Group in advancing Dubai's ambitious economic agenda, D33, aimed at positioning the city as one of the world's top three urban economies. He highlighted the crucial role of the Group's air transport capabilities in expanding Dubai's economic reach, particularly to emerging markets in the global south, and in doubling the emirate's foreign trade by 2033.

Looking ahead, Sheikh Mohammed expressed confidence in the Emirates Group's continued contributions towards achieving the nation's goals of prosperity, opportunity creation, and a brighter future for generations to come. He stressed the significance of collaborative efforts between the public and private sectors in realizing Dubai's ambitious economic vision, underpinned by progressive policies and productive partnerships.

May 14, 2024 12:50 p.m. 5002

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