Browse related articlesAbu Dhabi plans 7% annual GDP growth
United Arab Emirates: Thursday, January 08 - 2009 at 08:04
The Abu Dhabi government has announced a long-term plan to diversify the emirate's economy and reduce its dependence on the oil sector as the main source of economic activity, the Emirates News Agency (WAM) reported on Wednesday. The report forecasts that the emirate's economy will grow at seven per cent a year for the next six years and then by six per cent. Overall, gross domestic product will increase more than five times over the next 21 years, the report projects.
See Also
Also consider reading:
- » DFM up slightly, led by Shuaa
- » Abraaj eyes buyout opportunities
- » DGCX records 26% growth
- » Kuwait plans bonds to help struggling firms
- » Moody's lowers Bahrain ratings
- » Morgan Stanley unveils equity fund in Saudi
- » Sidf to raise financial guarantees for new projects
- » Amman bourse to list $70.5m treasury bond
- » New Shariah hedge fund index launched
- » Borse Dubai seeks $2.5bn loan
Facebook
LinkedIn
Digg
Jeff Florian, Senior ReporterThursday, January 08 - 2009 at 08:04 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds