ABU DHABI : The International Monetary Fund (IMF) has predicted that the UAE’s GDP growth rate will increase by 0.9% to 5.1% next year. This is against the backdrop of growth in non-oil sectors and stable crude oil prices. The growth rate for the current year was 4.2 percent.
Ali Al-Aid, head of the IMF staff team, said that tourism, construction, manufacturing and financial services sectors have seen strong growth. The growth rate is expected to rise further due to UAE’s high crude oil production and hydrocarbons.

Business seminar to throw light on new India-Oman trade pact
Kochi: A business seminar aimed at providing exporters and the business community with insights into the provisions and benefits of the recently signed India–Oman Comprehensive







