VOL. XLIII

No. 07

14-February-2000

UAE

UAEs Official Stock Market Moves Closer To Imminence

According to official sources, the UAE economy reported a healthy 10% growth rate in 1999 (MEES, 7 February) and many analysts are bullish about growth prospects for the country in the year 2000. According to UAE Planning Minister Humaid bin Ahmad al-Mu'alla, a growth rate of 7.1% has been projected. But the countrys capital market has failed to reflect this economic buoyancy 1999 was the worst year in...