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Dubai real estate investment report - 2015

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Dubai real estate investment report - 2015

Survey data pointed to slowing economic growth in the United Arab Emirates at the beginning of 2015, with the strength of the US dollar and lower oil prices hitting both consumer and investor confidence. The HSBC Purchasing Managers Index (PMI) – which tracks non-oil private activity in the federation – slipped to an average of 57.9 in Q1 2015, suggesting a weaker pace of expansion compared to the preceding three months (59.3).

Source : Knight Frank

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Keywords : Knight Frank