Thursday 27 December 2012

Shaikh Hamdan lauds Dubai’s growth | GulfNews.com

Dubai’s economy has recovered from the slowdown of 2009 and the global financial crisis as its core sectors are driving its growth, a latest report by Dubai Economic Council said.
“This rebound in economic growth was largely due to fiscal and monetary stimulus packages undertaken by the UAE federal authorities as well as the Government of Dubai,” the report says.
“Moreover, the resilience of Dubai’s major trade partners, especially India and China, has also contributed to this positive development as shown in a report issued by the Dubai Economic Council (DEC), entitled Dubai Economy 2012.”


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