Entries for 'United Arab Emirates'

GCC Central Banks Match the Recent Rate Hike in the US Despite a slowdown in economic activity due to serious fiscal consolidation and the oil crash,

The UAE economy has been relatively resilient to the impact of the slump in oil prices as it has benefited from a relatively diversified economy, exce

The UAE economy has been relatively resilient to the impact of the slump in oil prices as it has benefited from a relatively diversified economy, exce

Government officials and bankers with whom we met painted a mixed picture of current conditions and prospects for the UAE economy. While most official

High oil prices over the past decade, combined with the safe-haven status of the UAE, have helped the UAE build large fiscal and external buffers to s

The UAE is in a relatively strong position to withstand low oil prices. Ample public foreign assets will mitigate the adverse impact. Growth is expect

The current macroeconomic performance and near-term outlook remain favorable. Nonoil growth will remain slightly above 5% in 2014 and 2015, led by the

The sharp increase in residential sales prices in the UAE has revived concerns that another real estate bubble could be emerging. The IIF's analysis s

The current macroeconomic performance and near-term outlook remain favorable. Nonhydrocarbon real GDP growth is expected at 4.5% and the external and