The growth rate of UAE’s GDP was twice the expected figure, as it recorded a surge of 7.6% in 2022.
The United Arab Emirates (UAE) experienced significant economic growth in 2021, with a 7.6% expansion, twice as much as the previous year. The country’s rebound from the COVID-19 pandemic was supported by higher energy prices, which stimulated economic growth across the Gulf region’s oil exporters. However, economic slowdown is expected this year, given the uncertain […]