Abdulrahman Al Ansari - Distinguished banking executive with over 18 years of experience. Currently the chairman of a number of companies including AMA Investment Holding and Bid Capital. Abdulrahman is recognized as an innovator consistently capable of creating new ideas and solutions to meet the complex and demanding client needs and challenges.
Wednesday, 9 March 2016
UAE Non-Oil Foreign Trade Expands Significantly in 2015
Abdulrahman Al Ansari examines new figures which suggest that the United Arab Emirates (UAE) saw its non-oil foreign trade expand significantly in 2015.
Gulf News reports that the UAE is moving towards a non-oil economy. Figures from the nation’s Ministry of Economy indicate that Emirati real Gross Domestic Product (GDP – the broadest measure of economic growth), expanded by 4.6% in 2014. It’s also expected to grow by 3% – 3.5% in 2015.
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