FINANCIAL NEWS

Emirate’s economy grows 4.4% in 2012

12 Jun 2013

(MENAFN) Emirate’s economy grows 4.4% last year, compared to 3.6% in 2011, reported Times of Oman.

Dubai’s economy expanded the most in five years in 2012 as the emirate rebounded on hotel and restaurant activities.

It is worth noting that the economy of Dubai collapsed after the global credit crisis.

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