• HSBC

Report says UAE economy is sound

  • United Arab Emirates: Thursday, October 11 - 2007 at 09:59

A report by the International Monetary Fund has found that the UAE's financial system is strong and has not been affected by the stock market correction in 2005-06, reported Gulf News. The report said the key challenges for the country will be ensuring sustained non-inflationary growth and further diversification of the economy.

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