You are here

UAE asset bubble unlikely as credit growth is modest: IIF

[DUBAI] A surge in United Arab Emirates (UAE) property values probably won't lead to an asset-price bubble because credit growth remains relatively modest, according to the Institute of International Finance (IIF). Loan growth in the second-biggest Arab economy may slow to 11 per cent in 2014...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to