Middle East Economic Survey

VOL. LIV

No 11

14-Mar-2011

UAE

UAE Economic Recovery Gaining Momentum, IMF Says

Supported by a largely favorable global environment, the economic recovery being seen in the UAE is gaining strength in spite of the increased regional uncertainty, the IMF said at the conclusion of its mission to conduct discussions for Article IV consultation. Whereas overall growth in the worlds third largest oil exporter is projected to remain unchanged at 3.25% in 2011, non-oil...