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UAE: 5% of GDP by 2021

Dubai: The knowledge-based economy will contribute 5 per cent to the UAE’s gross domestic product (GDP ) by 2021, Sultan Bin Saeed Al Mansouri, Minister of Economy, told media on the sidelines of The Second Forum of Economic Policies.

“Based on UAE strategy 2021, knowledge-based economy which is directly based on the production, distribution and use of knowledge and information should contribute five per cent in the UAE GDP,” he said.

Al Mansouri recently called to develop a unified GCC strategy to formulate and maximise performance and well-being in knowledge-based economies.   Rest

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