The economies of the UAE and Dubai, in particular, will continue to expand on the back of services, trade and tourism, HH Sheikh Ahmed bin Saeed Al Maktoum has said.
“All indications show that UAE and Dubai economy will continue growing in 2013 by 3.8 percent," Sheikh Ahmed told Arabian Business. “Tourism, hospitality and trade will continue to play a major role in the growth."
Sheikh Ahmed is chairman and CEO of Emirates Group, chairman of Emirates NBD, and chairman of Dubai World. He is also deputy chairman of the Dubai Executive Council.
The UAE's economy was projected to have grown 4 percent last year and is estimated to slow down to 2.6 percent according to the International Monetary Fund.
No comments:
Post a Comment