TITLE

Crude buoys UAE economic growth

AUTHOR(S)
Cheok Soh Hui
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the role of high crude oil prices in the economic growth of the United Arab Emirates in 2006. Nominal GDP is a measure of the country's production of goods and services at current prices. Oil price increases led to high oil revenues and greater government spending. The country owns 8% of the world's proven oil reserves.
ACCESSION #
24684073

 

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