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Abu Dhabi economy to expand by 3.9%
- United Arab Emirates: Tuesday, September 25 - 2012 at 09:01
Abu Dhabi's Department of Economic Development has said the emirate's economy is expected to grow by 3.9% in 2012, revising an earlier forecast for %% growth, AFP has reported. The department announced the figure in its "Economic Horizons of Abu Dhabi 2012-2016" which also foresaw an increased pace of growth of 5.7% annually between 2013 and 2016. It also predicted growth of 5.5% this year in the non-oil sector of the emirate. "Nonoil sectors will drive the growth in the future," said the department's undersecretary, Mohammad Abdullah.
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