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FinancialNews


  • 28-12-17

    UAE: non-oil economy to be pushed for growth through Expo 2020

    (MENAFN) Based on a recent economic update of NBK, development in the non-oil sector in UAE is to be pushed to 3.7% in 2018 from 3.3% in 2017 through the upcoming Dubai Expo 2020 arrangements.

    The non-oil sector was showed in the report to witness development in 2019 of as much as 4% as it assists in balancing the UAE drawback in the oil sector and convey a 3% growth in its overall economy.

    The GDP growth of the UAE is estimated to reach a 2.6% increase in 2018 and 3.4% in 2019 from its 2017 growth of 2.2%, as indicated in the report.

    MENAFN2812201700450000ID1096282156

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