Real GDP growth projected at 4.3% in 2024
ABU DHABI 18 April 2023: The Central Bank of the United Arab Emirates has projected the country’s annual real GDP growth to expand by 4.3 percent in 2024. “After three quarters of high growth, the […]
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3.8% GDP growth beats expectations: Mohammed
DUBAI 11 April 2022: The UAE’s Gross Domestic Product (GDP) for 2021 has broken international economic expectations, registering the highest rate in the region of Dh1.489 trillion. The Federal Competitiveness and Statistics Centre announced that […]
Abu Dhabi’s non-oil real GDP expands by 4.1%
ABU DHABI 7 April 2022: Statistics Centre-Abu Dhabi (SCAD) has announced statistical data that reflects rapid growth in most of Abu Dhabi’s oil and non-oil activities at constant prices in 2021, underscoring the effectiveness of […]
UAE GDP projected to grow 2.5%, faster next year
ABU DHABI 19 March 2021: The Central Bank of the UAE projects real GDP to recover to positive growth of 2.5 per cent in 2021, with non-oil GDP growing by 3.6% and oil GDP remaining […]
UAE tops Arab world in global covid recovery index
ABU DHABI 12 March 2021: The Central Bank of the UAE was reported as saying that the early signs of recovery from the impact of the pandemic began to emerge in the second half of […]
Dubai economy forecast to grow 4% in 2021
DUBAI 24 December 2020: Dubai Economy estimates growth to accelerate to 4% in the emirate by 2021 taking into account prevailing conditions and the outlook for the global economy. According to a recent study, Dubai’s […]
Green shoots are now emerging in the UAE: IMF
DUBAI 3 May 2019: The UAE economy continued to adjust last year, but green shoots are now emerging, with domestic credit growth, employment, and tourist arrivals showing improvement, says a new report by the International […]