Search results
Results from the WOW.Com Content Network
The Department of Economic Development (DED) of the Emirate of Dubai is a government body entrusted to set and drive Dubai's economic agenda within the broader governance systems of the United Arab Emirates. The DED and its agencies develop economic plans and policies, identify and support strategic sectors, and provide services to domestic and ...
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]
Dubai suffered from a significant economic crisis in 2007–2010 and was bailed out by Abu Dhabi's oil wealth. Dubai's current prosperity has been attributed to Abu Dhabi's petrodollars. [40] In 2014, Dubai owed a total of $142 billion in debt. [41] The UAE government has worked towards reducing the economy's dependence on oil exports by 2030. [42]
Abu Dhabi Department of Economic Development estimates that investments in IT and Telecom sectors are likely to reach AED18.4 billion (USD5 billion) in 2011, as against AED16.1 billion in 2010. [3] The eGovernment program in the UAE is a key initiative of the UAE Government Strategy 2011-2013 that lays the foundation to achieve UAE Vision 2021. [4]
Department of Economic Development may refer to: Department of Economic Development (New Brunswick), Canada; Department of Economic Development (Dubai) Department of Economic Development (Isle of Man) Department of Economic Development (South Africa) Georgia Department of Economic Development, U.S.
Dubai Economic Council (Arabic: مجلس دبي الاقتصادي) is a think tank and policy-making advisory body specialising on the economy of Dubai. It is affiliated with the Government of Dubai .
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The Ministry of Finance (MoF) (Arabic: وزارة المالية) is the ministry of the federal government of United Arab Emirates which is responsible for public finances.