2013 Awards and Strategic Priorities
Dubai Economic Update (cont)
Highlights
•
•
•
Dubai is the 3rd largest centre for re-exports in the world which
itself represents almost 50% of GDP
Dubai is a strategically located international trading hub with
some of the world's best air and sea ports serving over 205
destinations
Very large investments in infrastructure will have highly positive
effects on the long-run development and productivity of the emirate
• Airport passenger arrivals and tourism data show encouraging
trends
Dubai's Strategic Location
Dubai: Air passenger arrivals and tourism
trends
140
120
12888 2
100
80
60
40
мин
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
RevPAR (AED 10s) (Ihs)
Passenger traffic (mn people) (rhs)
Hotel Occupancy (%) (lhs)
Source: Emirates NBD Research, Dubai Statistics Centre, Bloomberg
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
2
1
0
4 3
250
5
200
AED Billion
Dubai: External trade growth trends
150%
100%
50%
150
0%
100
-50%
50
-100%
0
-150%
Imports
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 10 11 11 11 11 12 12
Exports & Re-Exports
Source: Emirates NBD Research, Dubai Statistics Centre
7
y-o-y Growth %
Emirates NBDView entire presentation