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Dubai expects economy growth at around 5% in 2013

: Tuesday, May 06 - 2014 @ 10:29

Arif Obaid al-Muhairi, executive director of Dubai’s statistics office has said the emirate’s economy is expected to have grown at around 5% in 2013 after a roughly 4.5% expansion in the first nine months, Reuters has reported. “It is expected that growth, according to available information, will reach around 5% in 2013 compared to 2012,” al-Muhairi said on the statistics office’s website. “We expect that the current year will witness growth close to these rates,” he said.

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Tuesday, May 6- 2014 @ 10:29 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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