Emirates NBD Financial Performance and Market Update
Emirates NBD Profile
Operating Environment
Dubai Economic Update (1/3)
Highlights
The Emirates NBD Dubai Economy Tracker Index was unchanged
at 56.3 in August, signaling a solid expansion in the non-oil private
sector last month
Dubai's economy expanded 3.2% y-o-y in Q1 2017. Hospitality
(restaurants and hotels) was the fastest growing sector in Dubai at
8.8% followed by Real Estate at 7.2%
Composition of Dubai GDP
Dubai GPD by Sector (%) - Q1 2017
Hosp
6%
Others
22%
Trade
25%
Emirates NBD
4
Transportat
& Storage
12%
Constr. & RE
13%
Manuf.
8%
Financial
services 12%
Source: Dubai Statistics Centre
Dubai: Key sector growth rates in Q1 2017
Strategy
Financial & Operating Performance
ཆེg 8 $ $ ® 8
52
50
Emirates NBD Dubai Economy Tracker Index
10.0
9.0
8.0
64
7.0
6.0
62
5.0
8.8
7.2
4.0
58
3.0
4.8
4.2
3.9
2.5
2.0
56
54
1.0
Appendix
48
Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17
Source Markit, Emirates NBD Research
Source: Dubai Statistics Centre
0.0
Hospitality
Real Estate
Transportation
Communication
facturing
Social
0.7
UtilitiesView entire presentation