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This Selected Issues paper on the United Arab Emirates highlights the achievements in the diversification of the economy and the developments and outlook of the hydrocarbon sector. The political structure of the Federation gives a great deal of independence to the individual Emirates in pursuing...
Persistent link: https://www.econbiz.de/10014405943
The 2005 Article IV Consultation for the United Arab Emirates reports that the prices in real estate and stock markets, have soared aided by stronger economic fundamentals and investor optimism. An outward-oriented development strategy and prudent financial policies have resulted in impressive...
Persistent link: https://www.econbiz.de/10014406056
equity markets, the combined market capitalization losses in the Abu Dhabi and Dubai stock exchanges between September 2008 …
Persistent link: https://www.econbiz.de/10014396422
This 2012 Article IV Consultation highlights that the economic recovery in the United Arab Emirates is continuing despite the uncertain global economic environment. The banking sector has remained well capitalized and profitable, despite a continued rise in nonperforming loans and higher...
Persistent link: https://www.econbiz.de/10014396557
Issues and statistical appendices are discussed. Government-related entities (GREs) have been a major source of growth and development for the United Arab Emirates (U.A.E.) economy. The global financial and economic crisis has, however, unveiled the fiscal and financial risks posed by GREs. The...
Persistent link: https://www.econbiz.de/10014399049
-related entities (GRE) risks, the authorities should complete restructuring of GRE debt and communicate their strategy by developing a …
Persistent link: https://www.econbiz.de/10014399062
This 2004 Article IV Consultation highlights that the macroeconomic performance of United Arab Emirates is estimated to have been strong in 2003, reflecting favorable developments in the oil market, higher oil production, and prices. Non hydrocarbon real GDP growth is estimated to have remained...
Persistent link: https://www.econbiz.de/10014406138
This Selected Issues paper and Statistical Appendix presents five essays examining issues in the United Arab Emirates related to the financial sector, long-term fiscal trends, fiscal sustainability, the competitiveness of the non-oil economy, and the labor market, as well as estimates of the...
Persistent link: https://www.econbiz.de/10014406281
the global economic slowdown, the shutdown of international capital markets, and the impact of the bursting Dubai property … activities. Executive Directors have welcomed the ongoing engagement with Dubai World’s creditors and stressed the importance of … a speedy, orderly, cooperative, and predictable approach to debt restructuring …
Persistent link: https://www.econbiz.de/10014406828
This paper reviews economic developments in the United Arab Emirates during 1995–98. Real GDP growth accelerated from about 5 percent in 1994 to 8.1 percent in 1995 and to 10.1 percent in 1996. However, 1997 saw a marked slowdown in real GDP growth, to an estimated 2.1 percent, reflecting...
Persistent link: https://www.econbiz.de/10014398613