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seven% in authentic phrases in the main 50 % of 2023, and this signifies sturdy expansion versus the backdrop of global and regional uncertainty, and remains a greater figure than any of the opposite GCC international locations. Also, the non-oil sector registered a growth rate of five.nine%. The UAE's economic progress is really a testament to our resilience, diversification, and determination to openness and Global cooperation."
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Khan details toward a new Dubai Chamber survey that uncovered that sixty one% of world traders and traders thought that agriculture represented one of the most profitable region for expenditure from the sub-Saharan location of Africa, accompanied by telecommunications (45%).
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Therefore, if you will find any UAE-based corporations out there hoping to capitalize on these options, Nzekwue advises them to look at forming joint ventures with African providers, and to also make sure their existence within the community sector.
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