UAE’s GDP Cross 7.6% in 2022.
According to UAE Minister of Economy Abdullah bin Touq Al Marri, the UAE’s GDP would grow by 7.6 percent in 2022, more than double the expected 3 to 4% growth. “When the Central Bank (of the UAE) and all of the country’s financial institutions declared in March last year that the UAE’s GDP would rise at a rate of 3 to 4%. Now, and this has yet to be reported, we are looking at a (growth rate of) 7.6 percent,” Al Marri added.
Foreign Direct Investment inflows were $9 billion in 2018, down from $20 billion the previous year. This is doubling. “The UAE is in the business of doubling, and that’s something to consider,” the Minister remarked at the start of Investopia 2023. In conjunction with the Abu Dhabi Department of Economic Development, Abu Dhabi is holding the second edition of Investopia, with the subject “envisioning opportunities in times of transition.”
According to the Minister, at least 26 new Comprehensive Economic Partnership Agreements (CEPAs) are in the works to increase economic variety and foreign investment. “CEPAs have already been inked with India, Indonesia, and Israel.” “We are also in the process of signing agreements with Turkey, Cambodia, Georgia, and Vietnam,” Al Marri stated.
The UAE Minister of Economy, who is also the Chairman of Investopia, stated that many initiatives had been done to diversify the economy and move it away from being reliant on oil and gas. In 1970, the oil and petrol sectors accounted for 70% of the UAE’s GDP.” Today, it is only 30%,” he noted. “Major economic sectors are seeing a steady increase in the flow of investments, and some national enterprises are forming alliances with foreign firms,” the Minister stated.
Al-Marri further stated that the 100% company ownership law for mainland enterprises has resulted in 300,000 new businesses and improved economic circulation. “We recorded Dh2.2 trillion in commerce,” the Minister continued. He also commended the recently launched resident visas – golden, green, and freelancer – for attracting a huge number of newcomers to the country. “All of this movement has aided economic growth,” he said.
The UAE’s foreign trade will reach 2.2 trillion dirhams ($599 billion) in 2022, rising 17% year on year, and it has inked bilateral trade treaties with India, Israel, and Indonesia. Discussions with Turkey and others are currently underway. In addition, the UAE will host the United Nations’ flagship COP28 climate summit at the end of the year.
fryd disposable vape
… [Trackback]
[…] Read More Information here on that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
December 17, 2024พีจีสล็อต คอมโบไม่ซ้ำ
… [Trackback]
[…] Read More on to that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
December 19, 2024Vvxkfv
ivermectin 6 mg for humans for sale – atacand 8mg tablet tegretol medication
January 2, 2025Angthong National Marine Park
… [Trackback]
[…] There you will find 60445 additional Info on that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
January 4, 2025lost mary flavors mo5000
… [Trackback]
[…] Read More here to that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
January 4, 2025More Help
… [Trackback]
[…] Find More here on that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
January 4, 2025Ufjpos
accutane 20mg pills – buy decadron without a prescription linezolid 600mg brand
January 12, 2025Jaubar
purchase amoxicillin generic – order amoxicillin online combivent drug
January 12, 2025รับจดทะเบียนบริษัท
… [Trackback]
[…] Read More on on that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
January 21, 2025แทงหวยกับ UK89Bet
… [Trackback]
[…] There you will find 4369 additional Information to that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
January 24, 2025Ydzmsj
zithromax pill – tinidazole over the counter buy bystolic pills for sale
January 25, 2025lazywin888
… [Trackback]
[…] There you will find 34271 additional Information to that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
January 25, 2025Hlktxt
order omnacortil 40mg sale – progesterone ca order progesterone 100mg generic
January 28, 2025Ziuhqn
purchase gabapentin – buy sporanox 100mg without prescription itraconazole 100mg ca
February 6, 2025Tfznbn
lasix 100mg for sale – betnovate price3 betnovate brand
February 7, 2025Agppzk
buy acticlate generic – purchase vibra-tabs for sale generic glipizide
February 11, 2025Cdgkpk
augmentin 1000mg without prescription – ketoconazole 200mg cost duloxetine 40mg price
February 13, 2025cam tokens
… [Trackback]
[…] Find More Information here to that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
February 17, 2025Pygpdv
brand augmentin 1000mg – augmentin 625mg drug cheap cymbalta 40mg
February 20, 2025Plticf
purchase semaglutide without prescription – levitra generic cost periactin 4mg
February 22, 2025Mzsmax
order tizanidine – plaquenil 200mg drug hydrochlorothiazide 25 mg pill
February 25, 2025Kpifrb
sildenafil 100mg canada – cialis tadalafil 10mg cialis 20mg sale
March 1, 2025Frywry
cheap cialis – viagra without prescription viagra 50mg
March 1, 2025Ctskja
cenforce online buy – buy cenforce medication glucophage canada
March 9, 2025Pmejyo
atorvastatin 20mg tablet – buy zestril 5mg pills lisinopril canada
March 12, 2025Big Bass Splash
… [Trackback]
[…] Information to that Topic: ceoweeklyuae.com/uaes-gdp-cross-7-6-in-2022/ […]
March 12, 2025Usstmk
order omeprazole 20mg online – order omeprazole 20mg online tenormin 50mg generic
March 19, 2025Txcycx
buy methylprednisolone – aristocort 10mg pill order triamcinolone 4mg pill
March 24, 2025Fffpvp
how to buy desloratadine – desloratadine where to buy priligy 60mg oral
March 26, 2025Zktdra
misoprostol pills – where to buy diltiazem without a prescription order diltiazem generic
March 29, 2025