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
china wholesale market

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

date:Posted: August 4, 2015
EGYPT. All sectors exhibited positive performance and improved sentiment during Q2; More investment seen coming from Saudi Arabia and the UAE, since Sharm El-Sheikh conference.
date:Posted: August 4, 2015
INTERNATIONAL. The YPO Global Pulse Confidence Index for Africa slipped 3.2 points to 57.4, on the back of a sharp drop in confidence in South Africa.
date:Posted: August 3, 2015
SAUDI ARABIA. "There has been relatively little change in the real estate market in Riyadh in the second quarter of 2015 although recent changes to mortgage regulations have caused downward pressure in the residential sales market."
dhgate