Dubai exceeds consequences of global pandemic with a growth of 3.1%, says Sheikh Hamdan

Gulf Today, Staff Reporter

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that Dubai is expected to achieve an economic growth by 3.1% this year, rising to 3.4% in 2022.

The Dubai Crown Prince confirmed on Tuesday that the Emirate of Dubai has managed to overcome the consequences of the current exceptional global situation thanks to the directives and leadership of His Highness Sheikh Mohammed Bin Rashid Al Maktoum.

Sheikh Hamdan said on Twitter, "Dubai has managed to overcome the consequences of the current exceptional global situation thanks to the directives and leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, as the emirate's economy is expected to achieve a growth of 3.1% during the current year, rising to 3.4% in 2022… Our vision for the future is supported by loyal national energies and strong partnerships with the world.”

He added: "Clearness of goals, flexibility and speed of movement in keeping pace with changes, permanent development of capabilities and legislation, creating an ideal environment that attracts investment and attracting talents, creative energies and creative ideas are essential factors that enhance our ambitious development path and contribute to the consolidation of Dubai's position as a global economic capital."