Economy / United Arab Emirates
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Oil Prices To Deliver Record Current Account Balance
June 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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High oil prices will drive the UAE's current account surplus skywards in 2008. The balance will ease in 2009 and 2010 as energy prices fall back, although growth in non-oil sales and re-exports will remain strong throughout our forecast period.