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 […]

UAE real GDP to grow 5.9% in 2022: World Bank

ABU DHABI 3 November 2022: The World Bank has hailed the UAE’s “favourable business environment and world-class infrastructure”, expecting the country’s real GDP to grow by 5.9 percent in 2022. This came as the World […]

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 […]

UAE weathers shocks; is on way to recovery: IMF

ABU DHABI 3 February 2019: The UAE has successfully weathered recent external shocks, thanks to its large financial buffers, diversified economy, and strong policy response.=, according to the International Monetary Fund (IMF). In its latest […]