IMF predicts increase in UAE’s GDP growth rate.

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.

The Gulf Indians

Recent Posts

India Budget

India Union Budget was sector diversified and considering the increasing global economic challenges, the India…

2 days ago

Directory to be Published by end of this year.

MUSCAT: The ‘Who’s Who of Oman Indian s’, which will include detailed information on prominent…

3 days ago

The Misery of Muslims and Nomads in Uttarakhand

By Joseph Maliakan The Muslims and the nomads in the Himalayan state of Uttarkhand which…

1 week ago

The Supreme Court becomes Pro-People on Aravalli Hills and Ranges

By Joseph Maliakan The Supreme Court on 29 December 2025 in an unprecedented but welcome…

1 month ago

Indian Economy: Prospects and Challenges

With the overall GDP valued at USD 4. 18 trillion, India has surpassed Japan to…

1 month ago

RAM-G-A ROAD to DISASTER

By Joseph Maliakan The new Bill introduced by the Union government , Viksit Bharat -…

2 months ago

This website uses cookies.