Dubai: During the Executive Council meeting which was held at the newly inaugurated Mohammed Bin Rashid Library on Thursday, Sheikh Hamdan Bin Mohammed announced the Gross Domestic Product (GDP) numbers.
Sheikh Hamdan Bin Mohammed Tweeted: Guides By HH Sheikh Mohammed Bin Rashid Al Maktoum’s vision and supported strategic initiatives and economic stimulus programmes, Dubai has expanded its GDP By 6.2% in 2021 and 5.9% in Q1 of 2022. The growth demonstrates the emirate’s strong economic fundamentals and ability to maintain sustainable growth.
Guided by @HHShkMohd’s vision and supported by strategic initiatives and economic stimulus programmes, Dubai has expanded its GDP by 6.2% in 2021. The growth demonstrates the emirate’s strong economic fundamentals and ability to maintain sustainable growth. pic.twitter.com/DaKER4Hge8
— Hamdan bin Mohammed (@HamdanMohammed) June 23, 2022
Dubai is at the forefront of the new global economy. Since 1965 Dubai chambers have played a strategic role in the emirate’s growth and will continue to play an instrumental part in shaping its future.
During the meeting, the Executive Council approved various initiatives and projects in various strategic sectors.
Dubai’s growth is attracting millionaires from across the world to invest in Dubai’s real estate. Various new residential projects are getting sold out on the first date.
HH Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s Deputy Ruler, Deputy Prime Minister, and Minister of Finance, was also present at the meeting.
