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DED Profile
The Department of Economic Development (DED) was established in its current form by Decree no. 25 by His Highness Sheikh Mohammed Bin Rashid Al Maktoum in October 2008. By this decree, the DED has been given full responsibility to plan and regulate the overall economic performance of Dubai, supervise its functions and support the economic development to ensure objectives of the Dubai Strategic Plan are achieved.
As per the decree, four key agencies fall under the umbrella of DED, each with its own responsibility to contribute to the economic agenda of Dubai.
These agencies are the Foreign Investment Office, the Export Development Cooperation, the Dubai Shopping Festival and the Mohammed Bin Rashid Establishment for Young Business Leaders.
Along with the Business Registration and Licensing Division, the Commercial Compliance and Consumer Protection Division and the Economic Sector Development Division, DED is now responsible for many of the economic development pillars integral to Dubai’s continued success.
DED MISSION
To create an environment for sustainable economic development to enhance the welfare and prosperity of Dubai and the UAE
We achieve this by:
• Developing and enhancing economic policy and regulations
• Providing efficient services to local and international investors and businesses
• Identifying and supporting growth of key sectors
DED VISION
Lead and drive the economic development agenda of the Emirate of Dubai