29 November, 2018
Article length: 71 words
IMF highlights need for UAE reforms
In an early May report on the UAE economy, the International Monetary Fund found “some green shoots are now emerging” following slow growth last year. But while domestic credit growth, employment and tourist numbers have been improving, it noted oversupply in the real estate sector and urged the government to continue with reforms to boost the private sector, modernise the labour market and improve transparency.