UAE economy remains solid: Coface
Published: Sep 29, 2014
Source: Emirates 24|7


Email this story Print this page zoomin zoomout

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>>>

© Copyright - Emirates 24|7
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 7,085.11 0.00 0.00%
ADI 4,575.78 0.00 0.00%
DFMGI 3,636.38 0.00 0.00%
QE 9,313.49 0.00 0.00%
KSE 6,840.23 0.00 0.00%
MSM30... 5,083.370 0.000 0.00%
ASE... 2,146.09 0.00 0.00%

Recent Analyst Actions  >>

Company Price Opinion
Bank Muscat 0.52 Buy
Voltamp Energy Co. 0.52 Overweight
Jarir Marketing Co. 142.60 Overweight
Saudi Basic Industries Corp. 90.00 Neutral
Etihad Etisalat Co. 25.00 Neutral

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email