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Middle Eastern Hotels Boosted in Peak Travel Season
Iranian economy has been suffocating over the past seven months of the war, with inflation soaring to 90%. The refinery maintenance season is also expected to impact the fuel market, putting readiness for winter to the test. Additionally, oil prices have declined following a decision to draw down diesel inventories. Efforts to strengthen the banking sector between the UAE and Syria continue, amidst record growth in the real estate markets of Dubai and Abu Dhabi, which reached approximately 741 billion dirhams over nine months.
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