Sunday 4 October 2015

Non-oil sector set to help lift UAE economic growth above 3.5% this year | The National

Non-oil sector set to help lift UAE economic growth above 3.5% this year | The National:

"The UAE’s economic growth will top 3.5 per cent this year despite the oil price slump as the non-oil sector continues to expand, says Sultan Al Mansouri, the Minister of Economy.

National GDP will rise to Dh1.6 trillion this year from Dh1.5tn last year, according to a statement yesterday from the minister.

The UAE was able to maintain its economic growth because of its diversification policy and increased reliance on the non-oil sector, said Mr Al Mansouri."



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