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Dubai large growth rate for non-oil foreign trade
Foreign non-oil trade of the Emirate of Dubai, in the United Arab Emirates, has increased at a rate of 41% in 2004 to reach 215.73 billion Dirham ( USD 58.74 billion) due to a real estate upsurge.
United Arab Emirates, Economics, 7/13/2005
UAE might converts 5% of its monetary reserves to EURO
AN official in the office of the central Bank of the United Arab Emirates UAE said that the UAE might convert 5% of its reserves of foreign currencies from US dollars to EURO.
United Arab Emirates, Economics, 7/13/2005
Iran wants good relations with gulf states
Iran-Asefi-Persian Gulf Foreign Ministry spokesman Hamid Reza Asefi Saturday said Iran has always had a peaceful and friendly message to Muslim neighboring states of the Persian Gulf, IRNA reported on Saturday.
Iran-United Arab Emirates, Politics, 7/11/2005
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