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UAE’s economic growth to accelerate to 4.8% by 2025: Oxford Economics

Non-oil sectors like travel and tourism will grow strongly

Last updated:
WAM
2 MIN READ
UAE is increasing its attractiveness to foreign investors and talent through schemes such as allowing 100% foreign ownership of onshore companies.
UAE is increasing its attractiveness to foreign investors and talent through schemes such as allowing 100% foreign ownership of onshore companies.
WAM

Livermore also expected the world economy to grow by 2.7 per cent this year and next, noting, “We believe the growing concerns that the US might be slipping towards a recession are unfounded and think recent news remain consistent with a more orderly and benign growth slowdown.”

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