Akhbar Al Sa'a: UAE Economy and the Global Role

ABU DHABI 30th August 2015 (WAM) -- Akhbar Al Sa'a the News of the Hour Bulletin has affirmed the strength and durability of the UAE's economy referring to a recent report issued by Credit Suisse Bank which detailed some of the indicators and evidence which expresses the strength of the economic situation of the UAE at the moment despite the global economy witnessing unprecedented disturbance as well as instability in the Middle East and North Africa.

The bulletin issued by the Emirates Centre for Strategic Study and Research ECSSR points out that the report says that the UAE economy is leading the march of development and growth in the region in light of its sustainable recovery potential which guarantees its ability to adapt to different economic conditions at both regional and global levels.

Under the title "UAE Economy and the Global Role" the bulletin said "Since the beginning of the global financial crisis that erupted in 2008 only economies which have enjoyed self-ability to grow have come through from the negative repercussions of this crisis which brought with it a lot of aspects of vulnerability and fragility in the corners of the global economy."

The bulletin noted the continuation of the UAE in the development of its investment climates which encouraged foreign companies to come to it. In the meantime the UAE has maintained its security political and community stability and supported the development of its civilisation through more openness to other communities and all this data has been stimulation factors for the growth of the UAE's economy.