ICAEW: UAE economy enters 2023 on a solid note.
The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, revealed that growth in the UAE's is expected to remain robust this year, despite slowing compared to 2022. The slowdown in growth will be largely driven by OPEC+ policy, which reverses some of the past year's increase in oil production. According to the Q1 report, the UAE's GDP growth will slow to 3.2percent in 2023 (down from 7.9percent in 2022)...
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