Dubai’s economy grows 3.2% in H1 2023

Increase FontSizeDecrease FontSize
16-Oct-2023

Dubai’s economy witnessed a growth of 3.2 per cent in H1 2023, compared to the same period last year. The economy’s total value has reached Dhs223.8bn, reported Dubai Media Office. The emirate’s positive economic performance was driven by remarkable growth in sectors such as transportation, wholesale and retail trade, financial and insurance, accommodation and food services, real estate, information and communication and manufacturing. These sectors collectively contributed to approximately 93.9 per cent of H1 growth, with the transportation and storage sector leading with 42.8 per cent, followed by trade at 12.9 per cent, and the financial and insurance activities sector at 9.9 per cent, according to figures released by the Dubai Data and Statistics Establishment, one of the entities under the Digital Dubai umbrella.

 

Post a comment

 

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Celebrity News

Deema Al Asadi wears Samra’s Thaman Collection

Eva Longoria Dazzles at Cannes in Pasquale Bruni’s Aleluiá Collection

Princess Maria Chiara and Princess Maria Carolina di Borbone in Damiani High Jewelry at 2025 Cannes Film Festival

Calendar of Events

Exhibition & Events

GJEPC’s Jewellers for Hope Marks a Decade of Giving with Impact and Star Power

Impact of US Reciprocal Tariffs on Indian Gem & Jewellery Exports

The Vicenza Symposium: At the Heart of Its Mission, a Conscious, High-Tech, and Sustainable Future for Jewellery and Fashion

Our Group Websites

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player