Categories: Business

UAE unveils national plan to double GDP by 2031


Wed, 2022-11-23 12:49

DUBAI: The UAE has set out a plan to double its gross domestic product to 3 trillion dirhams ($820 billion)  by 2031 through driving up the country’s non-oil exports and tourism sector.

Unveiled by the county’s Vice President Sheikh Mohammed bin Rashid at the UAE Annual Government meetings held in Abu Dhabi, the ‘We The UAE 2031’ plan has a focus on social, economic, investment and development aspects.

As part of the plan to  raise GDP from its current level of 1.49 trillion dirhams, targets were set to increase the country’s non-oil exports to 800 billion dirhams. 

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

Uganda unveils statue of Israel PM’s brother who died in Entebbe rescue mission

Uganda has unveiled a statue of Yonatan Netanyahu, the older brother of Israel's prime minister,…

12 hours ago

At least eight killed in Gaza after Hamas agree disarmament deal

At least eight people in Gaza have been killed in overnight strikes which hit residential…

14 hours ago

Trapped by a Facebook job advert, freed by a stranger in a taxi

Debts piled up. Eventually she had no choice but to quit and start looking for…

17 hours ago

Trump says he is cancelling strikes on Iran subject to deal being made ‘rapidly’

Donald Trump says he has cancelled strikes against Iran provided a deal was struck "rapidly"…

23 hours ago

Recovery in Ukraine, one life at a time

In the frontline village of Bezruky which sits in the Kharkiv region – just half…

2 days ago

Israeli West Bank settler tells BBC attacks on Palestinians are justified as revenge

Israelis in the West Bank are still subject to Israel's civilian law and enjoy widespread…

2 days ago