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FINANCIAL NEWS
UAE to increase its GDP by 4 percent until 2020
31 Jul 2016
(MENAFN) The UAE is predicted to recover in 2017 after difficult conditions this year of a strong recovery in economic growth.
Accordingly, the country’s recovery in oil prices combined with growing public and private sector boosted by Dubai’s preparations for the Expo 2020.
Moreover, the recovery will support an increase in main project spending in the emirates after a year of slight increase in 2016.
In addition, almost USD155bn worth of major projects were under implementation in the UAE and almost USD629bn of main projects are planned in the country.
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