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Business & Management

A new survey showed that private sector business activity in the UAE hit a record high in February thanks to new orders and output rising sharply.

According to a report by the International Monetary Fund (IMF), the United Arab Emirates economy should grow by 3.3 per cent this year which is slightly higher than previous forecasts.

Saudi Arabia has attracted nearly US$147 billion in foreign direct investment (FDI), Amr Al-Dabbagh, Governor of the Saudi Arabian General Investment Authority (SAGIA), said.

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