Sunday 13 January 2013

UAE economy set for faster growth despite flat oil output - The National

Trade, manufacturing, construction and tourism will help to propel GDP growth to a stronger 3.8 per cent this year as the rise in oil output slows, estimates Emirates NBD.

Expansion would pick up from 3.7 per cent last year, the country's biggest bank by assets estimated.

Forecasts for both years were raised by the bank, up by 0.7 percentage points for last year and 0.3 percentage points for this year.
UAE economy set for faster growth despite flat oil output - The National

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