"United Arab Emirates Freight Transport Report Q1 2013" Now Available at Fast Market Research
Despite ongoing turmoil in global markets and renewed concerns surrounding the strength of the US, eurozone and Chinese economies, the outlook for the UAE over the coming quarters remains relatively firm. Following real GDP growth of 4.2% in 2011, we are estimating that the economy expanded by a more moderate 3.3% in 2012. In 2013 we forecast that growth will pick up again to 4.4%. However, our freight transport growth forecasts exceed this rate of expansion. This is down to...
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