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Dubai's GDP grew by 3.3% in first nine months of 2023

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Dubai's gross domestic product grew 3.3% between January and September 2023, according to data released by state news agency WAM on Sunday.

Mohammed bin Zayed Al Nahyan, president of the UAE (L),Mohammed bin Rashid Al Maktoum, VP and ruler of Dubai © Mena Today 

Dubai's gross domestic product grew 3.3% between January and September 2023, according to data released by state news agency WAM on Sunday.

Over those nine months, accommodation and food services grew 11.1%, while transportation and storage services rose by 10.9%, and the information and communications sector grew by 4.4%.

The city state, widely regarded as the trade and tourism hub of the Gulf region, launched a 10-year economic plan known as D33 in January last year, aiming to double the size of the economy and make Dubai one of the top four global financial centres within a decade.

Reporting by Pesha Magid Editing

 

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