Minister: Trade accounted for lion’s share of Dubai’s economy

Published March 1st, 2006 - 04:24 GMT
Al Bawaba
Al Bawaba

Trade accounted for the lion’s share of Dubai’s economy by contributing 20% to GDP growth during 2004-05, according to Shaikha Lubna Al Qasimi, UAE Minister of Economy. This sector is important to Dubai’s economy as it posted a rise of 110% during the period 2001-04.

 

"Dubai is at the forefront of trade in the region, " she said.