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Dubai's GDP grows 4.5 percent in 2014
(MENAFN) Dubai witnessed a 4.5 percent GDP growth last year and a 6.5 percent rise in employment driven by long-term planned infrastructure investment, Arab News reported.
Quoting these figures, chairman of The H Holding Enterprise, one of the fast growing investment firms in Dubai, said that the situation has improved further in 2015, indicating stronger economic growth in the short term.
A recent Monthly Insights report published by Emirates NBD based on economic data reveals that the UAE economy expanded in Q1, 2015, notwithstanding relatively lower oil prices.
The H Holding Enterprise, which is the mother company of several firms, including Omega Real Estate, witnessed significant increase in its operations since its official launch in 2014.
Quoting these figures, chairman of The H Holding Enterprise, one of the fast growing investment firms in Dubai, said that the situation has improved further in 2015, indicating stronger economic growth in the short term.
A recent Monthly Insights report published by Emirates NBD based on economic data reveals that the UAE economy expanded in Q1, 2015, notwithstanding relatively lower oil prices.
The H Holding Enterprise, which is the mother company of several firms, including Omega Real Estate, witnessed significant increase in its operations since its official launch in 2014.
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