Oxford Economics forecasts accelerated economic growth in UAE by 2025

ABU DHABI, 20th September, 2024 (WAM) -- Scott Livermore, ICAEW Economic Advisor and Chief Economist and Managing Director of Oxford Economics Middle East, projected that the UAE economy will expand to 4.8 percent in 2025.

In a statement to the Emirates News Agency (WAM), Livermore attributed the expansion of the non-oil economy, which is expected to grow by 4.6 percent year-on-year in 2024.

He added that n