Dubai has laid out an ambitious $8.7 trillion economic plan in a decade under the Dubai Economic Agenda (D33) to boost its position as a financial and innovation hub, said Hadi Badri, chief executive officer, Dubai Economic Development Corporation, Dubai Department of Economy and Tourism. In an interview with Peerzada Abrar, Badri who visited India recently, said Dubai is looking to attract and work with Indian tech companies and startups, and also targeting to establish 30 unicorns (startups valued at over $1 billion each) in the next 10 years. Edited excerpts.
The Middle East economy is heavily reliant on oil.