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Countries In-Depth

UAE Stocks: The Tailwinds And Headwinds

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist  

Subdued credit growth and weak global trade will remain headwinds for Emirati stocks. Surging property prices, which have led to a boom in real estate stocks, will also peak soon. Stay neutral on this bourse. Sovereign credit investors, however, should stay overweight UAE in EM credit portfolios.

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