A crucial element of Dubai's ambitious development plan

2007-10-31

Dubai: Emirates is a crucial element of Dubai's development strategy.

The airline and Dubai play a complimentary role in each other's successes.

"We are indeed fortunate to be based in Dubai, where a visionary government is investing billions of dollars to develop the city into a major commercial, residential and tourist hub, and the Emirates Group is playing a pivotal role," Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Emirates Group, said in a statement earlier this year.

Up to October 2005, when the airline completed 20 years, the its contribution to Dubai's economy was Dh17.61 billion ($4.8 billion), including a direct expenditure of Dh10.64 billion ($2.9 billion), said Shaikh Ahmad.

Source: gulfnews
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