ID :
78810
Mon, 09/07/2009 - 14:40
Auther :
Shortlink :
https://www.oananews.org//node/78810
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UAE economy to grow for 3%: Minister
Dubai, Sept 7, 2009 (WAM) - The UAE economy is expected to grow at least 3% by the end of this year despite the continuing global financial crisis, said UAE Minister of Foreign Trade Sheikha Lubna Al-Qasimi.
The figure is compared to 7.4% in 2008, Al Qasimi said at a recent special Ramadan Gala Dinner held on Thursday at the Mina Al Salam Hotel in Dubai.
She said the country's business councils, and local, regional and multinational companies are playing a crucial role in this growth. She cited key indicators that point to the fact that the UAE will again witness significant economic growth by the end of the current year. Among this were the country's seventh spot in the recent Nielsen Global Consumer Confidence Survey and its top Mena ranking in the World Economic Forum's 2009 Global Enabling Trade Report.
Outlining the steps taken by the UAE that led to its 7.4% economic growth in 2008, Al Qasimi said "We are where we are right now due to our collaboration with various organizations and individuals to whom we would like to extend our utmost gratitude."
The figure is compared to 7.4% in 2008, Al Qasimi said at a recent special Ramadan Gala Dinner held on Thursday at the Mina Al Salam Hotel in Dubai.
She said the country's business councils, and local, regional and multinational companies are playing a crucial role in this growth. She cited key indicators that point to the fact that the UAE will again witness significant economic growth by the end of the current year. Among this were the country's seventh spot in the recent Nielsen Global Consumer Confidence Survey and its top Mena ranking in the World Economic Forum's 2009 Global Enabling Trade Report.
Outlining the steps taken by the UAE that led to its 7.4% economic growth in 2008, Al Qasimi said "We are where we are right now due to our collaboration with various organizations and individuals to whom we would like to extend our utmost gratitude."
