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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UAE. The Middle East's 16 largest centres of economic growth could have substantial risk from a series of threats over the next decade, according to research for Lloyd's.
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EGYPT. A new IFC-supported report by Wamda Research Lab finds that although support for start-ups has grown substantially, many challenges remain, hindering job creation and economic growth.
EGYPT. A new IFC-supported report by Wamda Research Lab finds that although support for start-ups has grown substantially, many challenges remain, hindering job creation and economic growth.
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