Economics
UAE Central Bank Forecasts Deeper Economic Contraction This Year
A coronavirus testing center in Abu Dhabi, United Arab Emirates.
Photographer: Francois Nel/Getty Images
This article is for subscribers only.
Follow us @middleeast for more news on the region.
The economy of the United Arab Emirates will suffer a deeper contraction this year than first estimated, dragged down by disruptions caused by the coronavirus pandemic, according to the country’s central bank.