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Economic boom of UAE & oil price windfall

 
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Published 17 months ago

The windfall of record high oil prices is visible in GCC countries' economic boom. UAE's real estate market has been booming for years despite the increased raw material cost and shortage of contractors to meet the demand. Source: FT.com

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Tags: gcc inflation gdp labour uae boom oil construction real estate consumer debt interest demand financial service dubai food price industry income immigrant workers pakistan india bangladesh investment diversification petro chemical metal

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