Middle East Economic Survey
VOL. LIV
No 11
14-Mar-2011
UAE
UAE Growth Rate Expected At 3.3% In 2011, Says Samba
The UAE economy underwent a modest recovery in 2010 with overall GDP growth estimated at 1.5%, and growth is expected to pick up to 3.3% this year, according to Sambas February 2011 Economic Monitor. Headwinds will still come from the weak real estate sector, debt concerns and relatively tight domestic credit conditions, said the report. But these should be countered by further...
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