Economics

U.A.E. Non-Oil Growth Slumped Last Year, Early Figures Show

  • Economic expansion being driven by energy, central bank says
  • Non-oil growth likely fell to lowest level since at least 2011

Multiple traffic warning signs for construction works stand on undeveloped land in Dubai. 

Photographer: Christopher Pike/Bloomberg
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Economic growth in the United Arab Emirates is estimated to have accelerated last year, but mostly because of oil.