WOMEN ON UAE’S ECONOMIC OUTLOOK IN H2

We expect GDP growth in the UAE to pick up pace in the second half, boosted by higher oil revenues, benefits of recently announced spending of Dh50 billion over the next three years, etc. Recent changes to ease the business environment will also assist in private sector growth. Anita Yadav, head of fixed income research, senior director — wholesale banking, Emirates NBD Bank

The UAE is implementing significant reforms with the aim of attracting foreign funds. Together with these new initiatives that strengthen the investment environment and structure, UAE markets are being eyed favourably by investors due to attractive multiples relative to their peers. Lenie Assaad, Associate, Al Masah Capital

After plunging to the lowest growth level in five years in 2017, the UAE economy seems to have bounced back in the first half of 2018. The recent robust steps to diversify the economy away from the oil sector have already shown positive effects on economic indicators. Ana Sukhishvili, senior consultant, industrial practice — MEA, Frost & Sullivan

The outlook of H2 for this year is positive with accelerated growth. As an example, the trade and tourism environment will bloom with the upcoming season and in anticipation of Expo 2020. We can see many new shops and businesses opening across the UAE. Rita Rosen, business development advisor, BDO UAE