2021 Annual Economic Growth at 3.8% for UAE points to Jobs Growth
The economy of the United Arab Emirates displayed growth of 3.8% in 2021, above an expected 2.5% GDP growth.
Sheikh Mohammed bin Rashid Al Maktoum released the news on his Twitter account. Energy exports form the bulk of UAE’s economy. Growth is expected to grow further to 5.7% in 2022. The UAE has been the keenest OPEC member pushing for increased oil production at a faster pace than its current 400k b/d monthly target in light of the current volatility in oil markets due to the situation in Russia and Ukraine.
Jobs in UAE continue to strong growth in the energy and hospitality sectors, in particular for Jobs in Dubai.