Sheikh Mohammed bin Rashid reflects on ‘unprecedented’ UAE property boom – The National

  • Date: 07-Feb-2023
  • Source: The National
  • Sector:Real Estate
  • Country:UAE
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Sheikh Mohammed bin Rashid reflects on ‘unprecedented’ UAE property boom – The National

The UAE's foreign trade hit “historic” levels last year and it is seeing "unprecedented" demand for property, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, said on Monday after a cabinet meeting in Abu Dhabi.

He said foreign trade recorded 17 per cent growth in 2022, reaching more than Dh2.2 trillion ($600bn).

“Our foreign trade is accelerating and our international economic relations are growing,” Sheikh Mohammed said on Twitter.