A significant jump in growth, achieved by the gross domestic product, during the first quarter of this year, in conjunction with the escalation of the pace of attracting foreign investments, the increase in activity in the real estate market, and the recovery of travel and tourism activity, with Abu Dhabi and Dubai airports receiving regarding 15.2 million passengers in just three months, in addition to The rise in employment and wages indicators and the recovery of the local starting market, not to mention the strengthening of the local stock markets’ gains and their attractiveness to investors.
The significant growth in the national economy by 8.2% in the first three months of this year raises expectations of a growth rate of 5.4% this year, according to the report of the Central Bank of the Emirates, which once once more confirms the strength, durability and integration of our economic system in containing the repercussions of global changes, and reflects The level of confidence of international financial and economic organizations in the performance of the UAE economy, which has played a leading role globally in containing the “pandemic”.
The national economy has entered a new strong recovery phase since the beginning of this year, and is moving towards its goal of being the strongest and most active economy in the world, through policies that seek to establish partnerships with the world to take advantage of the opportunities and advantages of each country, and to prepare flexible legislation that encourages attracting capital and attracting talents and competencies, and providing Incentives and initiatives for investors to facilitate doing business, in addition to employing the country’s leadership for several international indicators in the field of quality of life, residence and work, and providing security in enhancing its development path during the next fifty years.
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