UAE economy rebounds in 2018, but more slowly than expected

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Reuters
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1554036473837259200
Sun, 2019-03-31 12:36

DUBAI: The United Arab Emirates’ economy grew by around 1.7 percent in 2018, slower than projected despite a boost from higher oil prices, official preliminary data showed.
The UAE growth figures follow Dubai’s disclosure last week that its economy grew by 1.94 percent in 2018, its slowest pace since a contraction in 2009 when the economy was hobbled by a debt crisis.

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