#economicgrowth

#economicgrowth

UAE economy to grow by 2.3 percent in 2019: Central bank

The economy in the United Arab Emirates (UAE) is projected to grow by 2.3 percent in 2019, the country’s central bank said on Wednesday, trimming its forecast from September when it said the Arab world’s second-biggest economy would grow by 2.4 percent. The economy grew by 1.7 percent in 2018. The central bank said the improved growth outlook for 2019 compared to last year is due to rising public and private spending at the federal and emirate levels, higher investment ahead of the Dubai Expo 2020 event and continued regional economic recovery. The UAE central …

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HH Lt. General Sheikh Saif bin Zayed presented with Abu Dhabi’s five-year cultural strategy

His Highness also visited the site of Zayed National Museum to showcase UAE history and the life of the nation’s Founding Father His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has been briefed by representatives of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) on the Culture achievements to date and planned milestones of Abu Dhabi’s five-year Culture Sector Strategy. His Highness then visited the site of Zayed National Museum, currently under construction. Located in the Saadiyat Cultural District on Abu Dhabi’s Saadiyat Island, the coming …

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