UAE economy set for ‘soft landing’ this year, analysts say | The National:
"The UAE economy is set for a “soft landing” this year, as growth slows to its lowest rate in six years, say analysts from Bank of America Merrill Lynch.
“Soft landing” is an industry term for a slowdown in economic growth that does not worsen inflation and unemployment.
“Economic activity [in the UAE] has started to show signs of weakness,” wrote Jean-Michel Saliba, an economist at the bank, in a research note."
'via Blog this'
No comments:
Post a Comment