Tuesday, February 20, 2024

Our Economy… The Strength of Efficiency – Al-Ittihad Newspaper


In the first quarter of this year, the pace of attracting foreign investment, coupled with increased activity in the real estate market and recovery in travel, has seen a significant growth in GDP. Tourism activity, Abu Dhabi and Dubai airports received about 15.2 million passengers in the three months, in addition to the employment and wage indicators and the recovery of the local startup market, not to mention strengthening the gains of the local stock markets. and their attractiveness to investors.
A substantial growth of 8.2% in the national economy in the first three months of this year raises expectations of a growth rate of 5.4% this year, according to a report by the Emirates Central Bank, which again confirms strength and durability. and the coordination of our economic system in controlling the consequences of global changes, and reflecting the level of confidence of the international financial and economic institutions in the performance of the UAE economy, which has played a key role globally in controlling the “epidemic”.
Since the beginning of this year, the national economy has entered a new strong recovery phase, and is moving towards the goal of being the world’s strongest and most active economy through policies that seek to establish partnerships with countries around the world. Opportunities and advantages of each country, and prepare flexible laws, attract capital and attract talents and skills and provide incentives and initiatives to facilitate trade for investors, and use the country’s leadership for many international indicators in the field of quality. life, housing and work, and providing security in improving its growth trajectory over the next fifty years.

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Bill Dittman
Bill Dittman
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