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UAE economy is expected to have its greatest expansion in 11 years with an 8.2% first-quarter growth
The central bank anticipates GDP growth of 5.4% this year and 4.24% in 2023.
Due to increasing oil prices and efforts to lessen the effects of the Covid-19 outbreak, the UAE economy expanded by 8.2% in the first three months of this year, marking the country's greatest quarterly gro...
Despite rising inflation, the UAE's economy is on track for 4.2 percent GDP growth, according to the Central Bank
According to the UAE Central Bank's latest quarterly economic assessment, the UAE is on pace to reach the 4.2 percent growth predicted for 2022, even as inflationary pressures rise. It expects real GDP to grow by 2.3 percent in 2021, up from 2.1 percent previously predicted.
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