{"id":44328,"date":"2022-03-16T12:36:05","date_gmt":"2022-03-16T08:36:05","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=44328"},"modified":"2022-03-16T12:36:07","modified_gmt":"2022-03-16T08:36:07","slug":"opec-expects-uaes-economic-growth-to-quicken-in-2022","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2022\/03\/16\/opec-expects-uaes-economic-growth-to-quicken-in-2022\/","title":{"rendered":"OPEC expects UAE&#8217;s economic growth to quicken in 2022"},"content":{"rendered":"\n<p>The OPEC Monthly Oil Market Report has anticipated the UAE&#8217;s economic growth to quicken in 2022, supported by the strong fiscal policy towards the private sector and a post-COVID-19 recovery in the services sector.<\/p>\n\n\n\n<p>The OPEC Report issued on Tuesday said, &#8220;The improving tourism sector and increased government support alongside the rise in crude oil prices have strongly supported non-oil private economic activities.&#8221;<\/p>\n\n\n\n<p>&#8220;The strong private sector is reflected by the UAE&#8217;s Purchasing Managers&#8217; Index (PMI), which rose to 54.8 in February 2022 from 54.1 a month earlier. Private-sector output grew strongly amid a recovery in market demand and increased travel activity.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The OPEC Monthly Oil Market Report has anticipated the UAE&#8217;s economic growth to quicken in 2022, supported by the strong fiscal policy towards the private sector and a post-COVID-19 recovery in the services sector. The OPEC Report issued on Tuesday said, &#8220;The improving tourism sector and increased government support alongside the rise in crude oil &hellip;<\/p>\n","protected":false},"author":2,"featured_media":44329,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-44328","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economy","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/44328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=44328"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/44328\/revisions"}],"predecessor-version":[{"id":44330,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/44328\/revisions\/44330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/44329"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=44328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=44328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=44328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}