UAE one of fastest-growing economies in 2022: CBUAE
ABU DHABI, 14th July, 2023 (WAM) -- The UAE's real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for 2022 released today by the Central Bank of the UAE (CBUAE).
The report noted that this comes at a time when the global economy experienced a slowdown in 2022, with external risks remaining elevated i