Page 14 - Ahmad Al Habtoor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Numbers back March predictions Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group (AHG), one of the largest privately-owned business conglomerates in the region, said his earlier predictions for UAE economic growth in 2021 have “exceeded expectations”, as per recent data published by the International Monetary Fund (IMF), STR, and the Central Bank of the UAE (UAECB). Al Habtoor said, “The UAE has once again shown its resilience. My country’s ability to navigate the challenges around COVID-19 is highly commendable. Global economic growth was already on the decline in all regions of the world in 2019, and COVID added significant pressure. However, the economic recovery in the UAE has been on the upward trajectory since Q3 last year. We continue to see pockets of positive growth, and as a result, real GDP is forecast to hit, or exceed, 3 per cent this year.”

United arab emiratesKhalaf ahmad al habtoorAl habtoorInternational monetary fundCentral bankDubai land departmentAl habtoor groupAhmad al habtoorFounding chairmanWorld economic outlookReal estate bulletinHabtoor groupஒன்றுபட்டது அரபு அமீரகங்கள்சர்வதேச பண நிதிமைய வங்கிதுபாய் நில துறை