The UAE economy grew during the year 2019 by 2%, compared to 1.7% during the year 2018, according to the Ministry of Economy,
which showed that the growth is serious with the support of increasing the output of the oil sector "production and export" during the past year, with a production rate of 3.1 million barrels per day, in addition to Increasing pace of growth in the non-oil sector to improve financial, investment and tourism services activities, and increase investments in strategic projects, infrastructure and economic sectors with high added value stimulating growth.
The annual economic report 2019, issued by the government, showed that the factors contributing to the growth included the implementation of projects for the preparation of "Expo 2020 Dubai" and the activation of the national strategy for innovation and high policy in the field of science and technology of innovation, including projects with investments estimated at 300 billion dirhams , And the 2071th percentile as a long-term strategic vision, preparing for the post-oil stage, activating the space program, increasing the utilization of the technologies of the industrial revolution, and issuing the foreign investment law.
"Alittihad E Newspaper"
