Abu Dhabi Crown Prince Mohammed bin Zayed al-Nahayan, listens to Russian President Vladimir Putin during their meeting in the Kremlin in Moscow, Russia, Friday, June 1, 2018. (AP Photo/Pavel Golovkin, Pool)
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Abu Dhabi Crown Prince Mohammad bin Zayed has announced a 50-billion dirham ($13.6 billion) stimulus package over the next three years, as the emirate seeks to boost its flagging economy.Abu Dhabi is the capital of United Arab Emirates and the largest of seven emirates making up the UAE federation.The International Monetary Fund said last month that UAE economic growth fell to just 0.5 percent in 2017 from 3.0 percent the previous year, driven by a 2.5 percent contraction in the oil sector.
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