Economics

UAE Infrastructure Minister Sees Mix of U-, V-Shaped Recovery

U.A.E. Minister for Infrastructure Development Abdullah Al Nuaimi discusses the U.A.E.’s infrastructure projects they’re currently working on, his message to expats and the impact of coronavirus on the economy.Source: Bloomberg

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By Mahmoud Habboush, Yousef Gamal El-Din, and Manus Cranny

June 11, 2020 at 6:14 AM UTC

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The United Arab Emirates economy will likely witness a combination of a U- or V-shaped recovery following the coronavirus pandemic, the oil-rich nation’s minister of infrastructure development said.