Word: mansouri
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Dates: during 2000-2009
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...sometimes, the bad news has to be admitted from on high. The U.A.E.'s Minister of Economy, Sultan bin Saeed al-Mansouri, last week acknowledged that the economy of the world's fifth largest oil exporter is expected to shrink in 2009. He refused to give an indication of the extent of the contraction, saying simply that the U.A.E. would escape recession. The International Monetary Fund had previously said it expected the U.A.E. economy to grow only 3% this year after expanding 7.4% in 2007 and an estimated 6.9% in 2008. (See 10 things to do in Dubai...