Page 289 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/19/24, 5:06 PM UAE's GDP Grew Estimated 3.4% in Q1 State News Agency
The Fund forecasts GDP growth in 2024 at 4%, higher than the 3.5% projected in its last
Regional Economic Outlook report published in April.
A Reuters poll of economists in July forecast GDP growth in the UAE of 3.7% in 2024 followed by
4.2% in 2025, boosted by non-oil sectors such as tourism as well as a gradual increase in oil
production.
($1 = 3.6728 UAE dirham)
(Reporting by Ahmed Elimam and Rachna Uppal; Writing by Rachna Uppal; Editing by Alex
Richardson)
Copyright 2024 Thomson Reuters.
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