Thursday 21 June 2018

Is the Dubai economy turning the corner?

Is the Dubai economy turning the corner?:

"Is the Dubai economy finally turning the corner? At least one major international bank thinks so.
It follows a move by the emirate's leadership to reboot an economy that has been hit hard by corporate job losses, the introduction of VAT and a slowing real estate sector.
The UAE’s non-oil economy is likely to “turn a corner” next year with Dubai’s Expo 2020 infrastructure projects, changes to visa rules and increased government spending set to boost growth, according to a Bank of America Merrill Lynch (BofAML) research note."



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