VOL. XXXVII

NO. 10

6-DECEMBER-1993

Financial and Banking News

Budgets & Revenues

UAE Gross Domestic Product To Show Growth Of 2.1% In 1993

The UAE's Gross Domestic Product (GDP) will show growth of 2.1% in 1993 toreach Dh132bn ($35.9bn), according to es- timates from the Ministry of Planning.This has been achieved despite a fall of 4.1% in the oil sector's con- tribution.Oil's share of GDP has declined during the last two years, reflecting not onlydepressed oil prices but also the expansion of...