UAE economy grew around 4% last year
- United Arab Emirates: Saturday, January 19 - 2013 at 01:48
The UAE economy minister Sultan bin Saeed al-Mansouri has said the country's economy is estimated to have grown by around 4% in 2012, little changed from the previous year, and a similar clip is seen in 2013, Reuters has reported. "I am waiting for the [gross domestic product] figures [from last year] ... but the estimate will be hovering around plus 4%," said al-Mansouri. In November, al-Mansouri estimated the UAE's inflation-adjusted GDP would grow by 3.5 to 4% in 2012, below 4.2% in 2011 as the global slowdown, partly due to the Eurozone debt woes, was expected to take its toll.
- OMRAN drives new tourism projects in Oman
- GCC countries to link traffic systems
- Aramco selects L&T for Midyan gas deal
- Omantel launches Samsung Galaxy S4 LTE smartphone
- QNET intends to expand its operations in region...
- HP Enterprise Services signs global agreement...
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 AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C 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 AMEinfo.com Web site.
AME Info FZ LLC / 4C 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 AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C 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 AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.