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UAE's economic growth to hit 4.5 percent in 2014
(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.
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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