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Tag Archives: GDP

Explainer: Key boosters for UAE’s GDP growth

UAE’s recent moves related to various economic support packages  include: ■ Sweeping visa, labour policy changes ■ Moves to support small and medium enterprises (SMEs) ■ Programmes to boost population and employment growth ■ Reducing business costs ■ Strengthening the investment environment Dubai: The UAE government’s recent move to expand public spending in the context …

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Morocco loosens currency peg to attract investors

Morocco will loosen its currency peg in a long-awaited move aimed at strengthening its economy and avoiding financial imbalances that forced a slew of emerging nations into sharp devaluations. Bank al-Maghrib, as the central bank is known, will allow the dirham to fluctuate 2.5 per cent above or below its …

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