United Arab Emirates Country Risk Views

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GCC: Key Themes For 2014

We retain a generally positive view of the GCC's prospects as we head into 2014. While headline growth should slow on account mainly of smaller gains in oil production, the expansion of the non-oil...

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Dubai Growth To Outpace Abu Dhabi

Dubai will become an increasingly important growth driver in the UAE as the emirate's non-oil economy records significant growth rates. We expect the tourism, real estate and retail sectors to...

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Solar Park On Schedule

The Mohammed bin Rashid al-Maktoum Solar Park project worth AED12bn (US$3.27bn) at Seih Al-Dahal in Dubai is reported to be on schedule and making steady progress.

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The Global Impact Of US Syria Strike

US airstrikes against Syria would have consequences beyond the Middle East. Despite their opposition, Russia and China may see some unexpected benefits, while North Korea will be nervous.

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Growth Tempered By 2014 Funding Cliff

We continue to hold a relatively cautious outlook for the commercial banking sector in the UAE as growth will be tempered by deleveraging ahead of the 2014 funding cliff. There is a significant...

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