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FINANCIAL NEWS
Dubai to grow 4 percent
31 Mar 2011
(MENAFN) Dubai’s government announced that economy in the emirate would grow by a maximum of four percent as the trade and logistics sectors would recover more strongly this year, reported Gulf Daily News.
The government added that the recovery of other trade partners such as India would boost Dubai’s recovery even more.
On another note, the International Monetary Fund had revealed forecasts for the economic output of the emirate to grow by 2.8 percent this year.
It is worth noting that Dubai is weighed down with total debts of USD115 billion.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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