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Latest News

Abu Dhabi 2011 economic growth seen at 4.5 pct-official

There are many factors that will drive growth. Industry, tourism," said Mohammed Omar Abdullah.

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May 3, 2011 3:27 by



Abu Dhabi’s economy is seen expanding by 4.5 percent this year, while inflation will hold at around 3 percent in the Gulf Arab emirate, an official said on Tuesday.

“There are many factors that will drive growth. Industry, tourism,” Mohammed Omar Abdullah, undersecretary at Abu Dhabi’s Department of Economic Development, told reporters at an investment forum.

(Reporting by Stanley Carvalho; Writing by Martina Fuchs; Editing by Martin Dokoupil)



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