Tags GDP

GDP

UAE GDP grows 4.4 percent in Q4 2018

Driven by increased buoyancy in non-oil sector, and accelerated growth in oil production from October to December 2018, the UAE gross domestic product (GDP)...

World Government Summit 2019: Track National Progress Beyond GDP

A new report compiled by Boston Global Consulting Group (BCG), titled ‘Towards A Broader View of National Performance’, prepared in collaboration with the 2019...

High GDP per Capita Makes Dubai Prime Properties Very Attractive

With GDP per capita of US$40,698, cost of residential real estate in Dubai’s premier locations are extremely competitive compared to global city hubs; cost...

GCC GDP on Growth Path despite Oil Price Decline

Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...

UAE economy projected to grow by 2.3% in 2016; Inflation set...

The Ministry of Finance (MoF) has reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the...

IMF revises GCC countries’ GDP growth forecast to 1.8%

The International Monetary Fund revised once again its projection about the economic growth in the GCC countries. The latest estimate for 2016 has been...

Non-tax revenues can generate at least 10% of GDP in UAE

Given the volatility and unpredictability of oil prices, the primary economic strategy for all GCC countries is to diversify government income and reduce dependency...

GCC Emerging, Frontier Markets Haven in Focus

“Once you start thinking about growth… …it is hard to think about anything else.” So declared economics Nobel laureate Robert Lucas, and his point...

Manufacturing Sector contributes 13% to Dubai’s GDP

Dubai’s Direct Exports valued at AED68 billion in 2010 Owing to increased government support and funding, the UAE’s manufacturing sector was among the largest non-oil...

GCC to provide Oman and Bahrain with $20 Billion Aid

The Ministerial Council of the Gulf Cooperation Council for the Arab Gulf States decided at its 118th session to set up the Gulf Development...

GCC Investment Strategy in 2011

Rising oil prices will drive regional GDP and budget surpluses Banking and petrochemical sectors to direct GCC profitability growth Qatar and UAE set to provide...

UAE in 2011

The UAE will see growth in all sectors next year, including banks, real estate and tourism. The industrial sector is expected to record high growth...

2011 Forecasts: UAE in Figures

According the Economist, economic growth in UAE will pick up in 2011, but oil production will increase only modestly during a slow recovery in...

GDP, Oil Price, Inflation and Debt Restructuring

The Minister of Economy, Mr Sultan Al Mansouri, today made remarkable comments about the local economy during the launch of the UAE’s economic report...

UAE non-oil sector up 3.9% at Dh294 billion in 2008

A sharp rise in public and private investment boosted the UAE's real non-oil sector by around 3.9 per cent in 2008 despite a slowdown...

Economic Development in Abu Dhabi : Opportunites and Challenges

Current policy of diversification of economy and sources of income will help Abu Dhabi reduce share of oil and gas sector to...