United Arab Emirates Food & Drink Report Q3 2013 - New Market Study Published
With consumer and business sentiment appearing to have finally turned a corner, the outlook for household consumption and fixed investment in the UAE is particularly bright over the coming quarters. Our baseline scenario sees the UAE economy expanding 3.3% in real terms in 2013, and 3.8% in 2014. Despite the broadly favourable macro backdrop, we do not expect to see a significant acceleration in household consumption patterns this year, particularly given a still cautious outlook on the domestic banking sector.
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