Friday, 31 December 2010

Abu Dhabi economy to accelerate next year - The National

Abu Dhabi's economic growth will accelerate next year with the expansion of non-oil sectors expected to drive the creation of wealth in the capital, says the Abu Dhabi Chamber of Commerce and Industry.

Growth will be propelled by a more expansive private sector and a rising population, according to a report by the chamber.

Development in non-oil industries such as manufacturing, construction, trade and services will eclipse growth in the oil sector, the biggest component of the emirate's economy.

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