The Global Monetary Fund has increased its 2014 financial development forecast for the United Arabic Emirates to 4.5 per cent but informed of a potential property bubble if authorities were not attentive.
The UAE's real gross domestic product increase may remain stable and in precisely the same level as now estimated for 2013, driven by impetus in petroleum sector. Oil-fuelled growth could be restricted because of an ample global offer, the IMF said on Thurs.
The UAE's real gross domestic product increase may remain stable and in precisely the same level as now estimated for 2013, driven by impetus in petroleum sector. Oil-fuelled growth could be restricted because of an ample global offer, the IMF said on Thurs.