Dubai economy grows in Q1

23/04/2009 - Dubai Investment News
Dubai economy grows in Q1

Dubai's economy grew approximately one per cent during the first three months of 2009, the latest figures from the Dubai International Finance Centre (DIFC) show.

In a statement made yesterday (April 22nd), the governor of the of the organisation Omar bin Sulaiman said that the emirate's economy is showing signs of a rapid recovery.

"Just as the Dubai success story has become a case study, I am confident that the Dubai rebound story will become a case study as well," he said.

The governor's comments follow a number of other positive statements from government officials and business leaders.

Mr Sulaiman held particular praise for the government's stimulus package, which was said to have brought a substantial boost to overall economic growth.

Dubai's economic stability may make it an attractive choice for those looking for UAE property for sale.

Mr Sulaiman is also vice-chairman of the Central Bank of the UAE.ADNFCR-2019-ID-19136547-ADNFCR