Awaiting Image

Dubai economy to grow 2.5% in 2009

A senior official in the Dubai Government has stated that Dubai’s economy will experience a growth of 2.5 percent over 2009, going against the average global trend. Dubai Government’s Chief Economist, Raed Safadi, added that the 2.5 percent estimate was still “conservative”.

In addition to this Safadi also highlighted the continuing aim of the Dubai Government to be more transparent by being more open to share the records of the Emirate. Statistics released recently show that net visas issued by Dubai per day in the month of January were about 1,000.

The Government of Dubai also aims for the Emirate to grow by up to 6 percent annually till 2015. Safadi also commented on Dubai’s strategy of investing into its infrastructure to aid the incoming human capital, evident by the number of visas issued.

Dubai Investment Property

Subscribe to our newsletter

Please enter your name and email address

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Select Property Group in relation to its property investment brands.

There was an error with your subscription. Please try again.
Thank you for subscribing. You will now be fully informed of all investment property news and insights.