dubai announced wednesday a bold plan aiming to boost foreign trade and investment in the united arab emirates financial hub and double the size of its economy by 2033 the gulf emirates ruler sheikh mohammed bin rashid almaktoum unveiled in a series of tweets the dubai economic agenda dubbed d33 with targets totalling 32 trillion dirhams 87 trillion the plan would double the size of dubais economy in the next decade and consolidate its position among the top three global cities sheikh mohammed said in a post that was accompanied by a marketing video the objectives would be achieved through 100 transformative projects he said in twitter posts using infographics the new economic agenda would also add 400 cities to dubais list of trading partners increasing foreign trade in the coming decade by 44 percent to 256 trillion dirhams it would also see foreign direct investment in dubai exceed 650 billion dirhams within 10 years according to sheikh mohammed the ambitious plan comes as much of the world reels from doomladen financial forecasts on monday the head of the international monetary fund imf warned a third of the worlds economy would slip into recession in 2023 amid slowing growth in the united states the european union and china but visiting imf officials in november predicted robust economic growth in the uae with projected gdp growth of six percent in 2022 dubais gdp stood at 3075 billion dirhams during the first nine months of 2022 according to the government representing a 46percent increase yearonyear from 2021