Business News UAE economy to rebound in 2021, grow 3.3%: IMF In the region, Iran will be the worst hit country, contracting 6.0 per cent in 2020 following 7.6 per cent in 2019. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) Related Great Lockdown: Global economy to shrink by 3%, says IMF China says difficulties facing trade cannot be underestimated