UAE: Oil price boom fuels economic growth as well as diplomatic tensions

Issue 1145 - 24 Apr 2022 | 3 minute read

Risk Grade – A1

Economic growth: The federal economy grew by 3.8% to AED1.49trn ($406bn) in 2021 – which was well ahead of the 2.5% predicted by local bank Emirates NBD.

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UAE: Oil price boom fuels economic growth as well as diplomatic tensions

Risk Grade – A1

Want to read more?

Don't have an account?

Register for access to our free content

Kuwaiti voters return a familiar parliament, as political deadlock endures

UAE’s Edge Group signs deal to build radar systems with Spain’s Indra

UAE’s pursuit of artificial intelligence throws up political challenges

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Join our community

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