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UAE economy

From the Newspaper Published June 4, 2012
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DUBAI, June 4: The United Arab Emirates economy grew by 4.2pc in 2011 but is expected to expand at just three per cent this year as oil prices decrease, the Gulf country's economy minister said on Monday. Gross domestic product jumped from 1.3pc in 2010 to “4.2pc in 2011,” Sultan bin Saeed al-Mansouri told reporters.—AFP

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