By: Ramy Sameeh
Abu Dhabi-Mubasher: The UAE’s gross domestic product (GDP) is expected to grow by 3% in 2016, according to Sultan bin Saeed Al Mansouri, UAE Minister of Economy.
“Indicators of first-quarter economic growth showed good results, yet they are being audited,” Al Mansouri added on the sidelines of a conference in Abu Dhabi.
Oil prices are expected to rise above $60 per barrel in the second half of 2016, Al Mansouri noted.
Translated by: Julian Nabil
