UAE’s economy set to grow by 5.2% in 2025: central bank 

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Mon, 2024-04-01 17:31

RIYADH: The UAE’s economy received a positive outlook, with the nation’s central bank predicting a substantial 5.2 percent growth in the gross domestic product by 2025.  

According to the Central Bank of the UAE, the country’s GDP is expected to rise by 4.2 percent in 2024 before accelerating to 5.2 percent the following year. 

This growth projection is a follow-up to the bank’s estimate of a 3.1 percent expansion in 2023. 

The quarterly economic review for the fourth quarter of 2023 by CBUAE provides a breakdown of the expected shift, forecasting a 4.7 percent rise in non-oil GDP for both 2024 and 2025.  
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