The Emirates Central Bank said that estimates indicate that the country's total real gross domestic product (GDP) reached 1.7% in 2019.

According to WAM, the central bank said on Monday that the hydrocarbon sector, oil and gas, rose 3.4% in 2019 while non-oil activities increased at a weaker rate of 1 %.

Al-Markazi: It is expected that trade and global supply chains will be affected with the interruption of travel and tourism as a result of the emerging Corona virus (Covid 19), and the repercussions of this on the fluctuations of financial markets and prices. Main materials.

He continued: Although the epidemic will have an impact on global and local economies, the magnitude of this impact is not yet known.