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2019-09-23 13:50:00

UAE GDP WILL UP 2.4%

UAE GDP WILL UP 2.4%

WAM - 22nd September, 2019 -- Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 percent in Q2 -2019, lower than in the previous quarter.

The bank expects national economy to grow 2.4 pc in 2019, driven by faster growth in the non-oil sector.

Non-oil GDP growth is estimated to have grown from 0.3 pc in Q1 to 1.5 pc in Q2. However, oil GDP growth is estimated to have moderated from 12.4 pc in 2019 Q1 to 4 pc in 2019…

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UAE GDP WILL UP 2.4%
2019, September, 19, 14:20:00
UAE, U.S. COALITION
The alliance protects the interests of its members and their merchant ships when passing through maritime corridors. Its operation area covers the Strait of Hormuz, Bab Al Mandab, the Sea of Oman and the Arabian Gulf.
UAE GDP WILL UP 2.4%
2019, September, 19, 13:45:00
UAE, FRANCE NUCLEAR COOPERATION
The E-Fusion Initiative aims at bringing together the French nuclear supply chain and Emirati companies around projects for the UAE Peaceful Nuclear Energy Programe. The initiative is co-headed by the Emirates Nuclear Energy Corporation (ENEC) and the French Nuclear Industry Association (GIFEN).
UAE GDP WILL UP 2.4%
2019, September, 17, 12:45:00
UAE, INDONESIA COOPERATION: $10 BLN
Al Mazrouei cited the recent visit by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Indonesia, during which a number of business and investment cooperation agreements in areas of energy and infrastructure worth $10 billion were signed .
UAE GDP WILL UP 2.4%
2019, September, 17, 12:35:00
ABU DHABI'S SOLAR PLANT 2GW
Emirates Water and Electricity Company (Ewec) has revealed that construction work on the 2,000MW solar plant in Al Dhafra region is under way, with the photovoltaic (PV) power project expected to be operational in the first quarter of 2022 taking Abu Dhabi’s solar capacity to 3,200MW.
UAE GDP WILL UP 2.4%
2019, September, 16, 15:05:00
ЭНЕРГЕТИЧЕСКОЕ СОТРУДНИЧЕСТВО РОССИИ, ОАЭ
“Развитие сотрудничества России и ОАЭ по линии энергетики обладает колоссальным потенциалом. В числе перспективных направлений взаимодействия между компаниями из России и ОАЭ мы видим организацию торговых операций по сжиженному природному газу, а также совместные проекты в области добычи и трейдинга”, - сказал Александр Новак.
UAE GDP WILL UP 2.4%
2019, September, 6, 13:45:00
SHARJAH, RUSSIA COOPERATION
The Emirate of Sharjah is one of the important destinations the Russian Business Council is seeking to penetrate its markets, thanks to the diverse investment opportunity and the encouraging economic and commercial climate.''
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Tags: UAE, GDP, ECONOMY
Chronicle:
UAE GDP WILL UP 2.4%
2019, October, 21, 13:15:00
CHINA'S LNG INVESTMENT: 11.5 MT
China’s Yantai LNG Group is aiming to start up a liquefied natural gas (LNG) import terminal by 2022 and expects government approval for it over the next few weeks
UAE GDP WILL UP 2.4%
2019, October, 21, 13:10:00
SAUDI'S INVESTMENT FOR BANGLADESH $3 BLN
Saudi Aramco and Saudi utilities developer Acwa Power have signed a memorandum of understanding (MoU) with the Bangladesh government to develop a $3bn liquefied natural gas (LNG) terminal and power plant in the South Asian country.
UAE GDP WILL UP 2.4%
2019, October, 21, 13:05:00
PETROBRAS PRODUCTION UP 16.5%
Petrobras, which has been was completing the installation of seven new floating production units, produced 2.794 million b/d of oil equivalent in the third quarter from domestic fields. Oil and gas output was up 9.5% from the second quarter.
UAE GDP WILL UP 2.4%
2019, October, 21, 13:00:00
U.S. RIGS DOWN 5 TO 851
U.S. Rig Count is down 5 rigs from last week to 851, Canada Rig Count is down 3 rigs from last week to 143,
UAE GDP WILL UP 2.4%
2019, October, 18, 12:00:00
OIL PRICE: NEAR $60
Brent fell by 21 cents, 0.4%, to $59.70 a barrel , WTI edged down by 4 cents, or 0.1%, to $53.89 per barrel.
UAE GDP WILL UP 2.4%
2019, October, 18, 11:45:00
RUSSIA'S GAS FOR HUNGARY +17%
Gazprom's supplies to the country over nine and a half months of 2019 totaled 8.9 billion cubic meters of gas, 17 per cent more than in the entire year of 2018.
UAE GDP WILL UP 2.4%
2019, October, 18, 11:40:00
RUSSIA, UAE NUCLEAR POWER
Emirates Nuclear Energy Corporation (ENEC) has renewed its 2017 Memorandum of Understanding on cooperation in the field of peaceful uses of nuclear energy with Russian state nuclear corporation Rosatom. The document was signed by Mohamed Al Hammadi, CEO of ENEC, and Alexey Likhachov, Rosatom director general, in Abu Dhabi during Russian President Vladimir Putin's official visit to the United Arab Emirates.
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