(MENAFN) The International Monetary Fund (IMF) of the UAE has boosted its forecast for 2014 economic growth to 4.5 percent, according to the Emirates 24/7
The UAE's real gross domestic product growth is expected to remain unchanged on the back of the ongoing momentum in non-oil activity
Harald Finger, the IMF's mission chief, said: "The real estate sector in particular has seen a steep recovery, with prices in the Dubai residential real estate market having increased rapidly in selected areas.
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