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Al Ghurair was speaker of the UAE's Federal National Council from 2007 to 2011. [ 1 ] [ 2 ] As of 2022, his net worth was estimated by Forbes at US$2.6 billion. [ 3 ]
It contributes 12 percent to the GDP of Dubai and has an estimated a growth rate of 27 percent (as per 2015). [2] The authorities speculate that the region will triple in size by 2024. [3] Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4]
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner ...
Matt Short and Aaron Hardie will play at their first ICC tournament after being named Monday in Australia's 15-man squad for the Champions Trophy which begins next month in Pakistan and the UAE.
The United Arab Emirates is a high-income developing market economy.The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023.
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