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UAE GDP could top 4.5 pct in 2010 - cbank official |
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10.29.2009 |
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Growth in the UAE economy could exceed 4.5 percent in 2010, the central bank deputy chairman said on Thursday, adding that he was not particularly worried about inflation.
"This is much more healthy growth you will see," Omar bin Sulaiman, who is governor of the Dubai International Financial Centre and deputy chairman of the United Arab Emirates central bank, told reporters in Mumbai.
Bin Sulaiman, who was speaking at an event in Mumbai, also said property prices had bottomed and banks were well capitalised.
(Reporting by Tony Munroe, Editing by John Mair)
(For more news on Reuters Money visit http://www.reutersmoney.in)
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Source:sify.com |
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