8.47 PM Thursday, 28 March 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:57 06:11 12:27 15:53 18:37 19:51
28 March 2024

UAE non-oil growth to accelerate in 2018

Published
By Reuters

The non-oil sector of the United Arab Emirates economy is expected to grow 3.1 percent this year, accelerating to 3.5 percent next year, central bank governor Mubarak Rashid al-Mansouri said on Sunday.

Speaking to a meeting of Arab central bank governors, he said the UAE economy was enjoying sustained growth despite low oil prices because it was diversified.