Middle East Economic Survey
VOL. LIV
No 22
30-May-2011
UAE
UAE Real Non-Hydrocarbon GDP Growth Forecast To Hit 3.3% In 2011, IMF Says
Supported by an encouraging global environment, the economic recovery in the United Arab Emirates is gathering pace, with non-hydrocarbon growth projected to accelerate from 2.1% in 2010 to 3.3% in 2011, the IMF said in its Article IV consultation with the UAE, published on 23 May. This, the report said, is thought to reflect stronger tourism, logistics and...
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