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Islamic Economy sectors contribute AED41.8 billion to Dubai’s GDP in 2018, registering 2.2% growth

Islamic Economy sectors contribute AED41.8 billion to Dubai’s GDP in 2018, registering 2.2% growth

13 Jun, 2020
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His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and General Supervisor of the Dubai: Capital of Islamic Economy Initiative, said that as the global hub of the Islamic Economy, Dubai is well placed to lead the sector’s contributions to revitalising the regional and international economy in the post-COVID-19 phase.

HH Sheikh Hamdan said Islamic Economy sectors contributed AED41.8 billion to Dubai’s GDP in 2018, registering a growth of 2.2 per cent over the previous year. He noted that these results are testament to Dubai’s position as the global capital of Islamic economy, in line with the wider objectives of the Dubai: Capital of Islamic Economy initiative.

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