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Book Reports
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| Number of pages / Number of words: |
7 / 1771 |
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UAE’s oil
exports increased by 27.3% and reached AED257.4bn in 2006, against AED202.3bn in 2005
on the back of high oil prices and increased production. Consequently, the contribution of
hydrocarbon exports to total exports further increased to 49.2%.
Inflation continued to be a concern for the UAE economic progress and was at all time high
of 9...
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The reported consumer price index
(CPI, 1999-2000=100) increased from 121.7 in 2005 to 133.0 in 2006.
UAE Economic and Strategic Outlook
Global Research - UAE Global Investment House
2 March 2008
UAE’s currency continues to remain pegged to the US$. The Central Bank (CBUAE)
manages money supply growth by aligning interest rates with that in the US, and by issuing
certificates of deposit (CDs) to commercial banks in addition to other tools...
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