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There is no doubt that Luxembourg could add value to our growth by bringing its specialised expertise and we are committed to providing them with the gateway to opportunities in this region. With these words Mr Abdulla Mohammed Al Awar, CEO of the DIFC Authority, closed his welcoming speech to guests at a seminar in Dubai, jointly organised by LFF and the DIFC Authority.
Mr Al Awar predicted that the GCC would be one of the major growth regions in the decades to come, citing high growth figures for the non-oil sector in the GCC region (7.2% YoY from 2000-08) and non-oil GDP growth in the UAE predicted to come in at 3.25% for 2011. This reflects growth in tourism, logistics and trade. He went on to say that the DIFC would play a major role by expanding the...
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