Media ININ Economy We Trust
29-12-2018 Media in\ Abu Dhabi -wam
In its reading of the 2019 economic outlook in the Middle East, international research and specialized institutions have highlighted Dubai’s ability to maintain its leadership as a regional hub in the sectors of transport, distribution, banking, finance, information and communication technology, as well as central leadership in light and medium manufacturing industries. Investment and operation.
The recent regional report of the International Monetary Fund (IMF), together with the Economist’s unit assessment, agreed that the rate of growth in the Dubai economy would rise by 4 percent in 2019 from 3.3 percent in 2018.
The report of the International Monetary Fund also gave reasons for this optimism in terms of the structural efficiency in which Dubai and the UAE in general have been able to absorb the crises that have crossed the world and the region over the last few years and to turn them into opportunities. He pointed out that the Dubai economy adopts the integrated diversification in the non-oil economy On a solid foundation of service infrastructure that has been strongly fortified with innovation and innovation in sustaining business cost reduction and maximizing the added value of local products connected to a network of partnerships with emerging global economies that see Dubai as a gateway to the Middle East.
The Economist Intelligence Unit predicted that next year 2019-2020 will see a steady boost in sectoral growth rates with a multi-stage stimulus force, not least the upcoming Expo 2000 Dubai, which is expected to deliver a strong recovery in the growth of several sectors led by services and tourism.
