Dubai’s economy forecast to grow 5% in 2015, says Ahmad Bin Byat

The UAE economy is well placed to maintain its stability despite the turmoil faced by global markets. That’s according to Ahmad Bin Byat, Vice Chairman and Managing Director of Dubai Holding who says economic diversification is supporting the country’s steady growth. Speaking at a ‘Meet the CEO’ event organised by the Government of Dubai Media Office, Bin Byat added that Dubai is expected to see a growth of 5% in 2015. He also called on young Emiratis to start their own business ventures in order to contribute towards national development.