Non-oil economy to grow 5% this year -Emirates NBD
Non-oil sector growth in the UAE and Saudi Arabia is set to lead the growth in the bloc
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Non-oil sector growth in the UAE and Saudi Arabia is set to lead the growth in the bloc
Growth will be driven by strong performances in sectors like technology, renewable energy, trade, financial services, and infrastructure
Wholesale and retail trade contributed 24.5% of GDP
Business sentiment hits lowest mark in over two years
Plus: Mubadala Abu Dhabi Open kicks off
Several MoUs and agreements were announced in education, investment, and clean energy
The banking, financial, and ins. sectors flourished last year
The Fitch Solutions’ research unit sees the economy growing at 6% next year
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