UAE: Growth recovery, REITS, & ADNOC restructuring
Florence Eid-Oakden, Ph.D, Chief Economist
Robin Mills, Energy Analyst
Charlene Rahall, Roa Ibrahim, Analysts
- Inflation is expected to remain subdued as pressures from the introduction of VAT will be partly offset by softening rental prices.
- Despite a decline in real estate activity this year, an upsurge is expected in 2019, driven by strategic infrastructure projects due to be completed in preparation for Expo 2020.
- As part of the Abu Dhabi National Oil Company’s (ADNOC) fast-paced corporate and strategy restructuring, it is focusing on downstream business, like its GCC neighbour Saudi Arabia.
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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