Thursday 21 December 2023

#UAE central bank expects oil GDP to grow by 8.1% in 2024, non-oil growth to slow to 4.7% - WAM | Reuters

UAE central bank expects oil GDP to grow by 8.1% in 2024, non-oil growth to slow to 4.7% - WAM | Reuters

The United Arab Emirates central bank said it expects the country's oil GDP to grow by 8.1% in 2024, with non-oil GDP to grow by 4.7% in 2024 compared to 5.9% in 2023, state news agency WAM reported on Thursday.

The central bank sees the country's GDP to grow by 3.1% in 2023 compared to 5.7% in 2024.

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