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UAE GDP forecast to grow 2.4% in 2021

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UAE GDP forecast to grow 2.4% in 2021

timestampJun 18, 2021 authorAlShorts Web Desk

As per Central Bank of the UAE (CBUAE) Financial Stability Report (FSR), UAE GDP is expected to grow by 2.4% in 2021 and 3.8% in 2022. The non-oil GDP is also projected to rise by about 4% in both years. CBUAE projects that the UAE economy is expected to gradually recover from COVID-19 impact in 2021 and 2022.

Latest News

India on UK's red list; no quarantine for vaccinated EU & US travellers

Australian athletes in isolation as American pole vaulter contract COVID-19

Abu Dhabi announces AED3000 fine for breaching sterilisation hour rules

Flights from India, Pakistan to UAE remain suspended till 31 July

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