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Story summary
- Abu Dhabi's economy is projected to grow 6% in 2025, driven by higher oil output and real estate, as it diversifies into technology and tourism.
- The International Monetary Fund notes nearly 4% annual growth in the second quarter.
- Property deals surged 42% year-on-year.
- Mubadala Investment Company acquired 30% of Hong Kong's Loscom International, marking its first co-control investment in Asia.
- Abu Dhabi Police recovered Dh140 million from online fraud cases.
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