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FINANCIAL NEWS
Abu Dhabi’s economic growth to rebound by 2017
07 Jun 2016
(MENAFN) Abu Dhabi’s economic growth will rebound by 2017, as the UAE revives delayed projects involving a planned branch of the Guggenheim Museum.
Additionally, the emirate aims to award contracts in order to build the museum by the end of this recent year or the beginning of 2017.
The museum will be located in the emirate’s cultural hub on Saadiyat Island, with a branch of the Louvre opening late this year.
Accordingly, the country’s budget still strong, while the majority of projects are still there and there are other smaller projects which are moving.
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