UAE to have approximately $800m lower revenue in 2011

UAE-economyA shortage of $800m in the coming year with an eight percent fall in revenues, for the UAE, is estimated by Kuwait Financial Centre.

It has been alleged that the UAE's corporate profits may increase by 24 percent 2011 after an expected fall by six percent during 2010. The outcrops for Abu Dhabi have been divided, which are positive, and Dubai remain normal.

The KFC's report has alleged that the donations paid to the federal budget by Abu Dhabi will be declined by 19 percent to $3.16bn so that its own budget will be balanced. It is hoped that Dubai's contribution to the federal budget will be at about $330mn in 2011.

There was a deficiency of 3 percent in real GDP development in the UAE's economy for 2010. But now it has been controlled and anticipated in development about 2.4 percent.

A rise of 3.2% in 2011 is expected to be there. During the year 2010 inflation which was at 2 percent which has decreased to between 2.5% - 2.8% in 2011.