UAE economy to grow 3% this year, to review investments

      Published on Thursday, 19 November , 2015      98 Views     

  • Gulf Business

UAE economy to grow 3% this year, to review investments

The economy of the United Arab Emirates is expected to grow 3 percent in 2015, the central bank governor said on Monday, adding the country would reconsider any investments considered unnecessary.

“The government is still continuing with its spending, though they will rationalise any unnecessary investments,” Mubarak Rashid Al Mansouri told reporters on the sidelines of a banking conference in Dubai.

The central bank had said in July that the UAE government was expected to trim state spending by 4.

Category Gulf Business | 2015/11/19 latest update at 6:48 PM
Source : | Photocredit :
Comments Add comment

БГ Медия - Медия за Българите в Лондон
Bulgarian Business Club

Related Articles

The editorial staff of Bulgarian Business Club would like to give all of its readers from Bulgaria and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bulgarian Business Club with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter or use our RSS feed channel to always read the most important news about Bulgaria.

Sponsored Publications