Middle East Economic Survey

VOL. XLVIII

No 14

4-April-2005

UAE

UAE GDP Rises By 14% In 2004

The UAE GDP is estimated to have risen by 14% from Dh293bn ($80bn) in 2003 to Dh334bn ($90bn) in 2004, according to UAE Minister of Economy and Planning Lubna al-Qasimi, who also predicted extraordinary economic growth in 2005. The minister added that with the focus on international competitiveness, the UAE government had moved to review a number of laws dealing with the economy, trade and investment, as...