The UAE investments abroad yielded much lower income in 2008 as a result of a steep decline in the foreign assets because of the global financial distress, according to the IMF and other sources.
Investment income peaked at Dh46.3 billion in 2007 but it was projected to have dived to nearly Dh30bn last year, the International Monetary Fund said in its annual review off the UAE.
But the income is expected to sharply rebound this year to nearly Dh40.6bn apparently due to higher assets and better return.
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