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  • The United Arab Emirates

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    Yv Santosh
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    The United Arab Emirates' economy is projected to grow 3-3.5% in 2011, with gross domestic product reaching 1 trillion dirhams ($270 billion) in 2010 after falling in 2009 due to the global slowdown. The UAE economy grew by about 7.4% in real terms in 2008 despite declining oil prices in the second half of the year because of the global financial crisis.

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    The United Arab Emirates' economy is projected to grow 3-3.5% in 2011, with gross domestic product reaching 1 trillion dirhams ($270 billion) in 2010 after falling in 2009 due to the global slowdown. The UAE economy grew by about 7.4% in real terms in 2008 despite declining oil prices in the second half of the year because of the global financial crisis.

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    32 views1 page

    The United Arab Emirates

    Uploaded by

    Yv Santosh
    The United Arab Emirates' economy is projected to grow 3-3.5% in 2011, with gross domestic product reaching 1 trillion dirhams ($270 billion) in 2010 after falling in 2009 due to the global slowdown. The UAE economy grew by about 7.4% in real terms in 2008 despite declining oil prices in the second half of the year because of the global financial crisis.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    Download as docx, pdf, or txt
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    The United Arab Emirates' economy is expected to grow by 3 to 3.5 percent in 2011,

     UAE's gross domestic product (GDP) should reach 1 trillion dirhams ($270 billion) in 2010. Nominal GDP had fallen
    to 914.3 billion dirhams in 2009 from 934.3 billion dirhams in 2008 after the global slowdown.

    The UAE economy grew by about 7.4 per cent in real terms in 2008 despite a sharp decline in oil prices in the second half
    of the year because of the global financial downturn

    . 

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