Abu Dhabi economy to grow 3.2% in 2018 - ADDED

Abu Dhabi – Mubasher: Growth of the Abu Dhabi’s economy is expected to rise to 3.2% in 2018, said undersecretary of Abu Dhabi Department of Economic Development (ADDED) Khalifa Al Mansouri on Tuesday.

Non-oil part of the emirate's economy is projected to achieve 3.8% growth, the Emirates News Agency (WAM) reported, citing Al Mansouri as saying.

Given, the International Monetary Fund (IMF) forecast that Abu Dhabi’s economic growth would increase to 3.2% in 2018 from 0.3% in 2017 on the back of oil production cut.

Mubasher Contribution Time: 09-Jan-2018 09:53 (GMT)
Mubasher Last Update Time: 09-Jan-2018 09:53 (GMT)