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Thursday, 05 Nov 2009
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Macroeconomic indicators - UAE GDP could top 5pct in 2010
Thursday, 05 Nov 2009

Reuters cited Mr Omar bin Sulaiman governor of the Dubai International Financial Centre and deputy chairman of the United Arab Emirates central bank as saying that growth in the UAE economy could exceed 4.5% in 2010.

Mr Bin Sulaiman said that this is much more healthy growth you will see. He added that property prices had bottomed and banks were well capitalized.

(Sourced from Reuters)

 

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