Thursday 20 August 2009

42% think UAE economy will suffer further in 2010

Some 42.6 percent of people who took part in an online poll think the state of the UAE economy will be worse in 2010 than this year.

The findings of an Arabian Business poll run counter to predictions by the governor of the UAE Central Bank who said earlier this week that the UAE economy would recover from a contraction to see strong growth in 2010.

Sultan Nasser al-Suweidi said the UAE’s economy was solid and that oil price rises would support economic growth next year.

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