Dubai economy to grow by 2.4% this year

123 RF / Anna Om

Dubai’s economy will grow by 2.4 per cent this year.

That's according to the latest S&P Global Ratings, which found that increased economic activity connected to Expo 2020 Dubai will drive the growth.

The US-based financial information and analytics company also revealed that the boost will mainly come from the construction and real estate sectors.

S&P said that trade and transportation will lead the emirate's economy after Expo 2020 Dubai is over.

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