The UAE's Gross Domestic Product (GDP) grew by 26.4 per cent last year, according to an official economic report. The report, issued by the UAE's Ministry of Economy, noted that a series of local and international developments had helped the economy of the UAE in 2005.
The report - Economic Performance for 2005 - indicated the high efficiency of modern industrial cities and free zones and launch of new mega projects in various sectors had played an instrumental role in giving a big boost to the domestic economy, WAM reported.
