UAE economy remains solid: Coface


Published: Sep 29, 2014
Source: Emirates 24|7

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UAE economy remains solid: Coface

Economy growing stronger with support of effective diversification

The UAE country assessment has been ranked at A3, according to Coface, a credit insurance firm. 

The UAE’s economic growth expected to stand at around 5 per cent in 2014. “The UAE economy remains solid on the back of both the hydrocarbon sector and the non-hydrocarbon sector. The diversification policy constitutes an important pillar of the economic performance as it reduces the dependence on oil and supports the real sector,” said Seltem Iyigun, Economist for the Mena at Coface. Read more>>>

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