ID :
94986
Tue, 12/15/2009 - 14:46
Auther :
Shortlink :
https://oananews.org//node/94986
The shortlink copeid
UAE Foreign Trade Min.: UAE economy robust, diverse
Abu Dhabi, Dec 15, 2009 (WAM) - UAE Minister of Foreign Trade H.E Sheikha Lubna Al-Qasimi emphasised that the UAE economy is robust and diverse thanks to the country's strategies which helped create an outstanding economic model and make the UAE a global hub for finance and trade.
"The diversification polices adopted by the UAE in recent years created a robust economy and helped weather various challenges such as the global financial crisis," Sheikha Lubna said in remarks during a meeting with students from the Stanford Economics Faculty who are on a current visit to the UAE.
Non-oil sectors, she noted, accounts for over 63% (or Dh590 billion) of the UAE's GDP in 2008. "UAE's non-oil trade went up to US$215 billion in 2008, a growth of 45% over the previous year."
"UAE's non-oil trade is poised for a 10% growth in 2009," she noted.
The UAE, she added, had the lion's share of the inflowing foreign investments into the region.
She added that the UAE receive about 10 million tourists from around the world
"The diversification polices adopted by the UAE in recent years created a robust economy and helped weather various challenges such as the global financial crisis," Sheikha Lubna said in remarks during a meeting with students from the Stanford Economics Faculty who are on a current visit to the UAE.
Non-oil sectors, she noted, accounts for over 63% (or Dh590 billion) of the UAE's GDP in 2008. "UAE's non-oil trade went up to US$215 billion in 2008, a growth of 45% over the previous year."
"UAE's non-oil trade is poised for a 10% growth in 2009," she noted.
The UAE, she added, had the lion's share of the inflowing foreign investments into the region.
She added that the UAE receive about 10 million tourists from around the world
