International Monetary Fund (IMF) has reported that the economic outlook for the Middle East and the Central Asian region has continued to experience strong growth in 2008, exceeding global growth for the 9th year in a row; it is expected to remain flexible against the global economic slowdown. The global credit crunch so far has had a mixed impact on regional financial markets. Banking sectors in the region remain sound with continued improvements in prudential indicators. The report says that the external positions have continued to strengthen in 2008, driven by the oil exporters, despite the negative impact of higher food prices on imports. . |
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Date |
Value of Sales (in AED) |
Value of Sales (in USD) |
19/10/2008 |
124,241,861 |
33,853,368 |
20/10/2008 |
82,367,734 |
22,443,524 |
21/10/2008 |
43,439,128 |
11,836,275 |
22/10/2008 |
142,786,427 |
38,906,383 |
23/10/2008 |
266,534,642* |
72,625,243* |
Total |
659,369,792 |
179,664,793 |
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(Source : Dubai Land Department *Figures apply to transactions registered with Dubai Land Department till 1.00 pm on Oct 23, 2008) |
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