Dubai economy grows by 3.4% in 2011
Source: BI-ME with Reuters , Author: Posted by BI-ME staff
Posted: Tue May 29, 2012 3:46 pm
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UAE. Dubai's economy expanded by 3.4% in 2011, helped by strong trade flows and rising tourist numbers, Arif Obaid al-Muhairi, executive director of the Gulf Arab emirate's statistics office was quoted as saying on Tuesday.

One of seven United Arab Emirates saw its gross domestic product rise to AED306.2 billion (US$83.4 billion) last year from 296.1 billion in 2010, Muhairi was quoted as saying at Dubai Statistics Center's website.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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INTERNATIONAL. Washington is moving away from the strategy it has followed since the early 2000s - of being the prime military force in regional conflicts - and is shifting the primary burden of fighting to regional powers while playing a secondary role.
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