The economy will experience moderate growth in 2021. Oil prices are not expected to recover this year, and it is anticipated that the OPEC+ oil production cap will remain in place. Dubai Expo, which will run from October 2021 to April 2022, is expected to attract 25 million visitors, 70% from outside the UAE. The UAE’s economy should continue its recovery; recording real GDP growth of 2.2% in 2022 and the rate will grow to around 2.6% per year thereafter.
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