October is Menopause Awareness Month
The UAE’s economy will grow 1.5 per cent this year and “rebound further in 2010” the Dubai International Financial Centre chief economist Dr Nasser Saidi said at a conference in London on Thursday, according to Bloomberg news agency. “The rebound will come earlier in the Gulf than in Europe or the US” because of high oil prices, infrastructure spending and stronger investment links to Asia, Dr Saidi said.
He doesn’t expect “any double dip” in Dubai’s economy. Gulf Arab economies will grow 5.2 per cent next year, he said.
The UAE central bank deputy chairman Omar bin Suleiman said last month growth could exceed 4.5 per cent next year, adding he was not particularly worried about inflation following a shake-out in the property sector.
In September, the UAE central bank governor Sultan bin Nasser Al Suwaidi said the economy could shrink or register a low growth rate in 2009. The International Monetary Fund expects contraction of 0.2 per cent this year and growth of 2.4 per cent in 2010.
The UAE’s economy, the Arab world’s second-largest, is expected to grow 1.3 per cent in 2009, the country’s economy minister Sultan bin Saeed Al Mansouri said last month.
October is Menopause Awareness Month
London Gate and Franck Muller elevate their strategic partnership with Dh1.6 billion Vanguard in Dubai Marina
No metric or ranking should supersede a qualitative, holistic understanding of ‘fit’
It is pertinent to follow national recommendations on the administration of preventive strategies
Iran fired more than 180 ballistic missiles at Israel on Tuesday in a move that Biden previously described as 'ineffective'
The AUM of SWFs from the GCC, including the “Oil Five,” is forecast to reach $7.3 trillion by 2030
Ilkay Gundogan, Phil Foden, Erling Haaland and James McAtee all scored in City's thorough dismantling of the Champions League debutants
Special flights are part of an initiative called 'Autumn with Dubai Civil Aviation Authority' launched on International Day for Older Persons