Latest Press Releases
Welcome to the Public Debt Management Office ('DMO') Media Center where you can find the latest news.
Dubai's Tourism Soars with 17% Year-on-Year Growth in Q1 2023, Poised to Claim the Title of the Most Visited International Destination
Dubai welcomed 4.67 million international overnight visitors in the first quarter of 2023, compared to 3.97 million tourists during the same period in 2022. This marks a 17 % YoY growth and the city’s best Q1 performance since the pandemic.
Dubai’s real estate sector sees transactions worth AED157 billion in the first quarter of 2023, an 80% rise from Q1 2022
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE, said the outstanding performance of Dubai’s economic sectors reflects the vision and foresight of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the goal of the Dubai Economic Agenda D33 to consolidate the emirate’s position as one of the world’s top three cities.
Dubai’s JAFZA witnessed the highest customer registrations in a decade, marking a 30 percent year-on-year growth
DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade, marking a 30 percent year-on-year growth, and taking the total number of companies to over 9,500 in 2022.
Dubai Government repays AED 4 billion worth of Sukuk
The DMO has several responsibilities, including meeting the government's financing requirements, managing the sovereign debt portfolio, setting strategic objectives and policies, pursuing risks.