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CBUAE downgrades its growth projections for 2024, saying economy will grow 4.2%

CBUAE revises downward its 2024 growth outlook: The Central Bank of the UAE  expects the economy will grow at a 4.2% clip in 2024, marking a downward revision of 1.5 percentage points from its December projection. The bank's revision is tied to the slow recovery of oil production following the…

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