UAE: Mars & More
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
- A combination of oil and non-oil-based revenue is smoothly driving the economy and helping the government raise spending to boost growth further.
- The new 2019 federal budget is a record high both in terms of size and growth. As in previous years, it focuses on social development, education and health.
- The adoption of a new Space Law on 30 September underscores the country’s intent to pursue regional leadership in the space sector, as well as compete on a global level.
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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