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You are here: Home»Markets»Equity»Middle East & Africa»Dubai economy grows 4.1pc y/y in Jan-June

dubai stocks 400DUBAI: Dubai's economy grew 4.1 percent year-on-year in the first half of this year when adjusted for inflation, with most economic sectors expanding, Arif Obaid al-Muhairi, Executive Director at Dubai Statistics Center, said on Monday.

 

Real gross domestic product rose to 161.5 billion dirhams ($44 billion) in January-June, he said.

 

The economy of Dubai, one of seven members of the United Arab Emirates, expanded 3.4 percent in 2011, helped by strong trade flows and rising tourist numbers.

 

Copyright Reuters, 2012


 


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln