UAE Central expects GDP growth of 4.2% in 2022

The UAE Central Bank expected the UAE’s gross domestic product to grow by 4.2% during 2022, compared to 2.1% for the previous year.
The Central Bank expected the non-oil GDP to grow by 3.9% this year, amid the continued increase in public spending, positive expectations for credit growth, increased job opportunities, and the lifting of travel restrictions.
In a related context, the Central Bank maintained its forecast of 5% of oil GDP growth in 2022 with improved demand in light of the distribution of Corona vaccines to various economies of the world.

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About AISU

Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

Information About Union

92 Members

28 Board of Directors

17 Country

300.000 Employees

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Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

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Mail: aisucairo@solbarab.org

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