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Monday, 6 March 2017

UAE growth could reach 4 per cent this year, says Minister of Economy | The National

UAE growth could reach 4 per cent this year, says Minister of Economy | The National:

"The UAE Minister of Economy says he expects GDP growth to reach 3.5 per cent to 4 per cent this year, boosted by higher oil prices and infrastructure projects under way ahead of Expo 2020. That compares to growth of about 3.7 per cent last year he said, a somewhat more sanguine assessment than those of independent economists such as the International Monetary Fund. "We’re very optimistic," Sultan Al Mansouri told reporters at a Jordan-UAE investment conference in Abu Dhabi on Monday. "



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