Economic Growth in the UAE

UAE economy has prospered despite crisis.

Shaikh Mohammed, the Vice President and Prime Minister of the UAE, has been quoted as saying that,” the UAE’s economy has moved well beyond the impact of the global financial crisis, having witnessed a major turnaround characterized by strong growth in recent times.” He attributed the progress to the wise policies undertaken in the wake of te global financial crisis.

He was speaking in an interview with a Japanese channel. In particular, Shaikh Mohammed pinpointed the links between the UAE and Japan. He praised the Japanese for having overcome major hurdles to scale the heights towards progressive economic conditions.