July 18, 2024

Dubai Crown Prince Sheikh Hamdan applauds the constant growth of the Islamic Economy in bolstering Dubai GDP

  • With a recent report as issued from Dubai Statistics Centre, the Dubai’s crown prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum applauds and feel proud to state that Islamic economic contribution is worth more than AED40bn to Dubai’s Gross Domestic Product (GDP).
  • The crown prince of Dubai and the honourable chairman of Dubai Executive Council Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has applauded the ever-growing and constant efforts of the Islamic economy on Dubai’s gross domestic product (GDP).

He also added a point that this ongoing growth project is in the lieu with Dubai ruler Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s visionary cementing Emirates as the emerging global capital market of Islamic Economy.

He also very elatedly stated that Dubai is very keen encouraging the creative ideas opening up new horizons thus, unleashing the overall potentiality that the Islamic economy possesses and as well all its diversified sectors that it has to prove its mettle.

Instead of the report that proved the contribution of the Islamic economy to Dubai’s GDP, he had come out with his remarks, and, stated that the overall participation has surged up 2.4 percent by the end of 2017 to AED40.953 billion compared to AED39.985 billion by end-2016 and is having a constant surge.

Another aspect as revealed per the report from Dubai’s statistics centre showed a 10 percent contribution from Islamic economy towards Dubai’s GDP.

The crown prince and honourable chairman of Dubai’s Executive Council also happily stated that role played by the accumulative success of the Islamic economy regionally had broadened doors for rigidly structuring Global portrayal of emergence of a robust Dubai Economy and overall vested GDP. Thus, in words stated by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai will be a gateway to Arab League’s Success in establishing the future of Islamic Economy on world centre stage in the upcoming five to ten years.



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