" /> " /> " />

Finance Minister: UAE 2010 growth at 2.5%

27 April 2010

UAE economy minister Sultan bin Saeed al-Mansouri has said that the country's economy is expected to grow by up to 2.5%, Reuters has reported. "Up to 2.5% GDP growth in 2010 depending on oil prices," Mansouri told reporters, when asked about growth this year. "Definitely this is a positive supporting element to reinforce our performance in terms of the GDP." Last month the minister forecast 3.2% growth this year. The government revises its figures as often as every month and gave no reason for the downgrade.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.