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FINANCIAL NEWS
UAE’s non-oil contribution to GDP to grow by 80pct
19 Sep 2017
(MENAFN) The UAE’s non-oil collaboration to its GDP will grow by almost 14 percent in the coming 4 years due to fast spread of the economy.
Recently, the sector contributes 70 percent of the country’s GDP with oil contributing the remaining.
Accordingly, efforts are being made to boost the percentage of the sector to the GDP by 80 percent by 2021 to establish the base for post-oil economy.
The country has been investing billions of dollars in transportation, industry and tourism in order to boost the economy’s non-oil sector.
MENAFN1909201700450000ID1095875087
MENAFN1909201700450000ID1095875087
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