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UAE GDP growth around 3.1% for 2015: Moody report


According to the ratings agency Moody, UAE’s real GDP growth has been forecasted around 3.1 per cent and 3.2 per cent for 2015 and 2016 in the United Arab Emirates.

“The UAE economy remains the most diversified in the region with continued, although moderating, public-sector spending by the Emirate of Abu Dhabi complementing the continued growth in Dubai’s significantly more diversified private sector,” the firm said.


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