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Email this article: Luxury goods: The Middle East makes its mark
Posted: Tue August 2, 2011 10:51 pm
UAE. "Luxury has made a brilliant return to the retail stage, but the script has been re-written" to suit both the escalating demand and the new consumer.
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UAE. An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the U.S. dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.
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