"United Arab Emirates Food & Drink Report Q1 2015" Published

Boston, MA -- (SBWIRE) -- 11/25/2014 -- We maintain our bullish outlook on the UAE's economies as a wealth of data points to continued growth. Consumer and business sentiment remains positive, underlining our particularly bright outlook for household consumption and fixed investment over the coming quarters. Following estimated real GDP growth of 5.2% in 2013, we forecast the economy to expand by a more moderate 3.9% in 2014, before picking up to 4.0% in 2015. We also forecast real private final consumption growth to come in at 6.5%. While this would be a slowdown on last year, we believe growth will average 7.0% per year between 2015 and 2017.