Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has approved the strategy and operating budget of the newly formed Dubai Longevity Authority during its inaugural board meeting. Officials describe the authority as the world's first dedicated regulator for the longevity, wellness and advanced health sector. Under the approved strategy, the sector is projected to contribute more than Dh35 billion to Dubai's economy over the next ten years, with an annual growth target of around 31 percent. The authority's remit extends well beyond clinical services, covering research, development, clinical trials and manufacturing tied to advanced health and longevity science — an approach aimed at positioning Dubai as a global hub for the fast-growing longevity industry. Speaking at the meeting, Sheikh Hamdan said: "Every step we take, every partnership we build and every innovation we enable ultimately serves one purpose: serving humanity." The initiative fits into Dubai's broader push to diversify its economy and attract investment into knowledge-based, high-value sectors. With the authority now formally operational, officials expect it to draw international healthcare companies, researchers and investors to the emirate, building on Dubai's earlier track record of setting up specialised regulators in finance and technology to cement its status as a regional hub for emerging industries.