Friday 26 December 2014
 
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UAE economy

UAE economy to grow by 4.5pc in 2014: IMF

The GDP is projected to grow by around 4.5 per cent this year, supported by ongoing strength in non-oil growth, said an International Monetary Fund (IMF) report. The economic recovery in the UAE continued at a solid pace led by co

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UAE ‘safe haven for investment’

There is a resurgence in the economy of the United Arab Emirates, said a top official, adding that it is the safe haven of the region and a sound place for global investors, particularly from the Euro zone and Asia. Khalaf Ahmad A

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UAE economy to grow 3.3pc in 2011

The United Arab Emirates' economy should grow by 3.3 percent this year, a tad higher than previously forecast, but regional turmoil may put pressure on local companies, the International Monetary Fund said. The IMF predicted in October

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Abu Dhabi set to spur UAE growth

The UAE is expected to emerge from the recession this year with real gross domestic product growth of 2.5 per cent driven by strong growth in Abu Dhabi. That is the conclusion of a major report on the UAE by financial services group Shuaa

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UAE economy has proven its strength: minister

UAE’s Minister of Economy said the UAE economy has proven its strength in the times of crisis and prosperity, on the occasion of UAE National Day. “Concerted efforts to diversify the economy and a policy of openness adopted by the UAE’s le

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UAE economy to grow 1.3pc in 2009

The United Arab Emirate's economy, the Arab world's second-largest, is expected to grow 1.3 per cent in 2009, the oil exporter's economy minister said in remarks aired on Wednesday. "This would be a good figure," Sultan bin Saeed al-Mansou

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UAE economy poised for slowdown amid job cuts

The United Arab Emirates is poised for a more abrupt slowdown in economic growth than its Gulf Arab neighbours, as job cuts batter demand in the property and service industries which had enjoyed a six-year boom. The economy of the world

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