UAE ushers in a new era of prosperity and development

Inayat-ur-Rahman

Today the whole is jubilant and are celebrating the New Year.  For UAE , 2020 will be the most memorable year in the past 48 years.  Gulf Today on this happy occasion spoke to some leading business heavyweights. They were upbeat about the economic growth of this great country.

Dr Azad Moopen, Founder, Chairman and Managing Director, Aster DM Healthcare:  As we bid adieu to year 2019 and usher in the New Year , there are fresh hopes and high aspirations in the minds of everyone . May God bless everyone with Health , Happiness and Prosperity in 2020.

For UAE , 2020 will be the most memorable year of Expo 2020 , as this mega event kick starts in October.  The Expo 2020 is expected to give the economy a major boost through various ways and will driving large number of tourists from world over to Dubai. .

 We are looking forward to participating in the Expo through the Indian Pavilion. The pavilion will showcase India’s culture along with capabilities in technology, innovation and research, to the whole world.

Walid Al Zarouni, Chairman,  W Capital Real Estate Brokerage Company said: I would like to greet the visionary Rulers and residents of the UAE, a very  happy New Year.

He mentioned that, based on the current market situation data, the future offer, and the plans put in place to take advantage of the opportunity to organize the “Dubai Expo 2020” international exhibition, which is expected to raise the demand for real estate, it can be reached that the sector is ahead of the momentum that will contribute to activating real estate prices after four Years of relative calm in the markets.

Mohammad Akram , Chairman, Al Musbah Group of Companies, said: Expo 2020 will bring a lot of opportunities to the UAE through new and dynamic business innovations. Surely, this mega event will also make the UAE a leader in sustainability and a more eco-friendly in the world. Training, development and cultivating a constructive growth environment across the country will remain a top priority as we enter the new year. I would also like to wish a very happy and prosperous new year to the visionary Rulers and residents of this great country.

Shan Saeed, Chief Economist at IQI Global said:  The new year embarks upon an exciting journey as Expo 2020 provides a new economic momentum to the economic outlook. This is a strategic initiative from the UAE government to usher in a new era of economic prosperity and development in the country. Government is all set to unleash new economic and policy levers to usher in economic prosperity for all Emirati and others.

Government vision is very clear to send message to all, let’s move forward to achieve greater heights as envision by our forefathers and builders of the country.  We hope that new year brings structural growth and solid macroeconomic outlook for the country.

Atif Rahman, Director and Partner, Danube Properties: “Like I have always said, we should not worry too much about supply, honestly such concern has been shown many times or rather every year during the last two decades. We need to remain focused on creating more demand and that is more important. Dubai’s real estate market is attractively placed at this point of time and I believe it will be adequately supplied before the expected demand leading to the Expo 2020.

We expect new business opportunities and job creations as a result of the Expo 2020 that should drive the economy forward.

Iftikhar Ahmed, a leading businessman in UAE said: I would like to take this opportunity to wish the Ruling families of all Emirates and the residents of UAE a very happy and a prosperous 2020. The UAE economy has shown great resilience in the last year and has proved that this country has the capability to defy the odds and continue to grow and improve.

Amol Vaidya,  Sr. Director Operations, Global Indian International School, Dubai:  Wishing our respected leaders and the government of UAE a very happy new year! Their efforts have put UAE on the forefront of becoming one of the most innovative countries. 2020 is going to be an exciting and eventful year and we are eagerly looking forward for the Expo 2020 which will bring the world closer to UAE.

Antoine Abi Abad, General Manager, Emitac Enterprise Solutions:  I would like to wish the leadership and the government of UAE a very happy new year 2020. This is going to be an exciting year for the country with the Expo 2020 just around the corner now. We at Emitac are all set to cater to the expanding enterprise requirements that will come to the region.