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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

UAE Real GDP up 8.2% in Q1 2022

GDP UAE Oil Petroleum
A general view of the downtown area in Dubai, United Arab Emirates, December 08, 2021. REUTERS/Satish Kumar

The UAE central bank’s quarterly report indicated that total real GDP increased by 8.2% annually in the first quarter of 2022, state news agency said on Wednesday.

The central bank expects real GDP to grow by 5.4% in 2022 and 4.2% in 2023, the statement added.

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