The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI / WAM
The results of macroeconomic and sectoral indexes reflect a positive economic performance in Abu Dhabi, particularly at the level of non-oil activities, during Q2 of 2018, confirming rising levels of investor confidence and business optimism about the emirate’s economic outlook.
This is revealed by Q2 economic follow-up report of results of the emirate’s macroeconomic and sectoral indexes, issued by the Department of Economic Development — Abu Dhabi, based on the data produced by the Statistics Centre — Abu Dhabi.
Saif Al Hajeri, Chairman of Abu Dhabi Department of Economic Development (ADDED), said the results are issued at a time when a range of economic and development initiatives and associated programmes have been annou- nced by federal and local governments to stimulate domestic eco-nomy, enhance business environ- ment and support development drive in Abu Dhabi and the UAE.
The report expected the implementation of announced initiatives and associated programmes will contribute to enhancing investor confidence and eliminating concerns about the future.