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Economic outlook for the UAE surprisingly bright for 2012
Posted on 28 December 2011 with 1 comment from readers
ArabianMoney editor and publisher Peter Cooper talks to Sandra Mergulhao from MyDubaiMyCity.com about the outlook for the UAE economy in 2012 and looks back over the events that shaped 2011.
With record oil revenues and a year of solid recovery behind it, the prospects for the UAE seem surprisingly bright and certainly shine out from the gloomy prospects for much of the Arab world as the economic consequences of the Arab Spring continue to be negative.
However, a messy end to the eurozone crisis could send oil prices tumbling, and that relatively high possibility is missing from this slightly too rosy view of 2012.
Posted on 28 December 2011
Categories: Banking & Finance, Bond Markets, GCC Economics, GCC Real Estate, GCC Stock Markets, Global Economics, Video Channel
1 Comment posted by readers:
Many thanks for the excellent output over the year, possibly you are the only worthwhile local analyst to follow, as newspapers have not really got to grips with business journalism. On the other hand I do applaud Gulf News for taking the lead on Editorial matters, as evidenced by their #ArabSpring coverage.
With best wishes for 2012, hopefully a more realistic year.