Dubai World Bank predicts overall economic growth for UAE this year According to the World Bank, the economy is expected to grow by 4.6 percent this year.
It was 2.6 per cent last year. He attributed the rise in economic growth to higher oil prices and growth in the non-oil sector.
Meanwhile, the central bank has pegged the economy at 4.2 per cent. The central bank estimates growth in the oil sector at 5 per cent and in the non-oil sector at 3.9 per cent. The IMF predicts that the UAE will grow by more than three percent this year. Specifying. During the Kovid period, the UAE was dominated by tourism, real estate, hospitality, and aviation. Great progress has been made.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has said that Dubai’s economy will grow by 3.4 percent this year. Dubai has successfully overcome the epidemic. His statement came via Twitter.
UAE The vision, guidance and leadership of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has helped move the country forward. Clear goals, expeditious action, steps to encourage investment and attract talent, and creative ideas are key components of a development journey.
.