UAE will see its economy grow by more than 6% this year says the IMF
UAE economic outlook
Federal Competitiveness and Statistics Centre
UAE’s economy registers a robust 18.8 percent growth on current prices-basis in 2021
On a constant prices-basis, however, the country’s GDP growth was at 3.9 percent, the Federal Competitiveness and Statistics Centre (FCSC) said
Abdullah bin Touq Al Marri
UAE economy enters ‘new phase of more flexible and sustainable growth’: Minister of Economy
Foreign trade was a key factor for the UAE to enter the next stage of its economic development, the minister said
coronavirus restrictions
Above-average crude prices helped UAE sustain strong economic activities in first half of 2022, OPEC report says
The June PMI declined to 54.8 from 55.6 in the prior month, marking the 19th-straight month of growth in non-oil private economic activities, the report said
cepa
Economic pacts with India, Israel, and Indonesia to drive 2.6% growth in UAE economy by 2030, minister says
The UAE is in negotiations with Georgia, Chile, and several other countries regarding similar trade deals
Business condition
Jobs on the rise as inflation fails to dent the UAE’s biggest business upswing in 2022
The rate of job creation was the quickest in seven months in the UAE as output in the country’s non-oil economy increased at the fastest pace since last December.
commodity prices
How the UAE economy remains resilient during turbulent times
The Arab world’s second-largest economy is blazing ahead, thanks to new business and demand that have helped insulate it from a sharp increase in global energy and commodity prices following Russia’s war in Ukraine
Bank CEOs Forum
UAE Central Bank considers continued support for banks and economic recovery beyond mid-2022
The UAE Central Bank highlighted that it is closely monitoring the evolving situation globally and stands ready to take additional measures, if necessary
GCC economic growth
UAE sees oil rebound boosting economic growth to 4.2% in 2022
Growth in the oil sector’s gross domestic product is set to be at 5 percent this year, an increase from last year’s 2 percent contraction
Central Bank of the UAE
UAE ‘hopes’ to exceed 4% growth in 2021, economy minister says
Central bank had previously forecast 2.5 percent growth in December
Dubai Chambers
Business confidence in Dubai highest since 2014, new research shows
Close to 66 percent of business leaders expect industry conditions in the emirate to improve in Q3 2021, Dubai Chamber survey indicates
Business activity
UAE business conditions improve at slower pace; employment rises
Employment increased for the first time since January and at the quickest pace in more than two years
International Monetary Fund
IMF forecasts UAE’s economic growth at 3.1%
The latest World Economic Report increased forecast from 1.2 percent in October as UAE’s coronavirus response pays off
UAE economic outlook
UAE’s non-oil GDP forecast to grow 3.3% this year
Prediction from Oxford Economics down from initial 4.2% estimate off the back of tightening global coronavirus restrictions
Central Bank of the UAE
Central bank boss sees UAE economic growth returning in 2021
Abdulhamid Saeed Alahmadi says use of Covid stimulus fund drops by 50% from peak last year
Christophe Lalandre
Why the UAE is set to benefit from post-pandemic boom
Global growth to recover swiftly as vaccination becomes reality, says Stephanie de Torquat and Christophe Lalandre
Expo 2020 Dubai
Expo 2020 Dubai, tourism recovery key to UAE economic rebound in 2021
First Abu Dhabi Bank releases new investment outlook, predicting a V-shaped recovery for the UAE