Recent figures herald a rebound in Dubai's real estate sector and improvement in its overall economic performance, economists and officials told Al-Shorfa.
The International Monetary Fund (IMF) projected that the UAE's Gross Domestic Product (GDP) will grow by 2.3% this year, with the tourism and commerce sectors posting positive growth rates in the first half of 2012.
In addition, officials anticipate that Dubai's individual Gross Domestic Product (GDP) will increase by up to 4.5% this year, said Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Fiscal Committee.
No comments:
Post a Comment