UAE: Dubai Economy

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Chapter | The Guide from The Report: Dubai 2019

The guide contains listings of some of the leading hotels and resorts in Dubai and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.

Near-term sentiment is on the rise among Dubai’s business leaders, with the IMF forecasting a healthy GDP growth rate of 4.2% in 2019 for the emirate. While not as exposed as some of its regional neighbours to the effects of fluctuating commodities prices in recent times, Dubai nevertheless stands to benefit from the knock-on effects of higher prices over the last year.

To what extent does the branding industry, particularly in tourism and retail, in Dubai mirror the ups and downs of the broader economy? 

Increased state spending on infrastructure and construction projects supported solid growth in Dubai’s economy in 2018, despite muted performances from some key sectors.

How will activity in the emirate’s real estate sector impact bank lending?

Dubai is making moves to strengthen and diversify trade ties with Latin America, investing in infrastructure to facilitate investment in high-potential sectors.

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