Intelligent SME - April 2016
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We were hearing conflicting reports about the region's economic growth prospects over the past few months and decided to investigate. The result is our cover story about the "Continued Strength in the Pillars of Economy - Trade, Tourism, Healthcare, Retail." The resumption of UAE's trade with Iran will add one percentage point to GDP growth between 2016 and 2018. UAE could see trade growing further in the coming years, as it continues negotiations on a free trade agreement with China. The economy has been given a push in the past couple of years by government spending on infrastructure that has included not only airports but other civil projects such as roads, hospitals and museums.
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