Dubai Government

Dubai could grow up to 5%: Hamli

March 21, 2012

Dubai economy is expected to grow up to five per cent this year backed by strong growth in logistics and other main sectors, said a senior official.

Hani Al Hamli, the Secretary General of Dubai Economic Council (DEC), said UAE pays a great attention to logistics sector and already took advanced steps in this direction. He unveiled that with accordance to the local reports, it is expected that the GDP growth rate in Dubai would be 4.5-5 per cent due to the continuous growth in logistics and other main sectors, namely: trade, retail, transport and tourism, those collectively form about 60 per cent of the GDP of the emirate.

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Source

Emirates Business 24|7
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