Abu Dhabi-Mubasher: Dubai has achieved 4% economic growth in the last four years, exceeding the global economy’s 3% growth rate during the same period, according to Sami Al Qamzi, the Director General of Dubai’s Department of Economic Development (DED).
On the sidelines of the 3rd UAE Economic Outlook Forum 2016, he added that Dubai’s economy is set to expand by 4% this year.
The positive performance of UAE economy is mainly attributed to a number of successful factors backed by public-private sector cooperation, he added.
Al Qamzi went on to say that Dubai is a major player in the global economy, seeking to be among the top five international hubs for commerce, transportation, finance and tourism.
Dubai targets through the UAE 2021 vision to move to an economic model that relies on innovation and productivity.
