Department of Economic Development (Dubai)

{{Short description|Dubai Government Economic Department}}

{{Use dmy dates|date=September 2022}}

{{More citations needed|date=July 2017}}

{{Infobox government agency

| formed = March 1992

| headquarters = Dubai

}}

The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and provide services to domestic and international investors and businesses.{{cite web |url=http://www.dubaided.gov.ae/en/aboutus/Pages/default.aspx |title=About the Department of Economic Development |access-date=2014-03-13 |url-status=dead |archive-url=https://web.archive.org/web/20140313160637/http://www.dubaided.gov.ae/en/aboutus/Pages/default.aspx |archive-date=2014-03-13 }}

The DED was established in March 1992{{cite web |url=http://www.thedubaimall.com/en/shop/Services/department-of-economic-development.aspx |title=Department of Economic Development » Services » Shop » the Dubai Mall |access-date=2014-03-13 |url-status=dead |archive-url=https://web.archive.org/web/20140313185920/http://www.thedubaimall.com/en/shop/Services/department-of-economic-development.aspx |archive-date=2014-03-13 }} and in October 2008 Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, issued decree no. 25 giving the DED the responsibility to plan and regulate the overall economic performance of Dubai, supervise its functions and support the economic development to ensure the objectives of the Dubai Strategic Plan are achieved.{{Cite web |title=Law No. (7) of 2023 Establishing the Dubai Economic Development Corporation |url=https://dlp.dubai.gov.ae/Legislation%20Reference/2023/Law%20No.%20(7)%20of%202023%20Establishing%20the%20Dubai%20Economic%20Development%20Corporation.html |access-date=2025-02-06 |website=dlp.dubai.gov.ae}}

According to its website, "the DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth."

The mandate of the DED extended through four new agencies under its umbrella to include export development, retail development, entrepreneurship development and foreign investment. These sectors are the responsibility of the Dubai Export Development Corporation, Mohammed Bin Rashid Establishment for Young Business Leaders, Dubai Shopping Festival Office and the Foreign Investment Office.{{Cite web |date=July 5, 2009 |title=Dubai Department of Economic Development announces intent to move to Entrepreneur Business Village |url=https://www.wam.ae/en/details/1395228408307 |access-date=2025-02-06 |website=wam.ae}}

The DED was the 2012 winner of the 'Distinguished Government Entity' in the Government of Dubai's excellence programme.{{cite web|url=http://www.sheikhmohammed.co.ae/vgn-ext-templating/v/index.jsp?vgnextoid=0221e1b363a34110VgnVCM1000003f140a0aRCRD&vgnextchannel=0561fd70bdc04310VgnVCM1000004d64a8c0RCRD&vgnextfmt=default&date=1147623999477 |title=الرئيسية - صاحب السمو الشيخ محمد بن راشد آل مكتوم |website=Sheikhmohammed.co.ae |date= |access-date=2017-07-11}}