November 20, 2017 Optimum_me

Dubai’s economy records growth in Q3 2017

Dubai’s economy has continued to grow despite the challenges posed by regional and global economic conditions, according to government statistics.

Dubai’s non-oil sector foreign trade increased to AED344 billion in Q3 2017, a 13 percent increase from the AED305 billion recorded in the same period of 2016. Re-exports, for their part, increased 34 percent to AED103 billion.

“Dubai’s resilience to external economic turbulence demonstrates the strong fundamentals of its economy and its ability to constantly find new avenues for growth,” said Sheikh Hamdan, Crown Prince of Dubai and chairman of the Executive Council.


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Source: Arabian Business


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