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Abu Dhabi slowdown a nod to UAE wealth gaps

Abu Dhabi’s move to rein in spending on major infrastructure projects could be a sign the city is redirecting funds to bolster the revamp of the UAE’s poorer northern emirates, analysts said. The oil-rich capital has pledged to spend $1.6bn in Ras Al Khaimah, Sharjah, Ajman, Fujairah and Umm al-Quwain,…

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Click here to read the full story: Arabian Business

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