Investor Presentaiton
Dubai Growth is Driven by a Well Diversified Economy and Strong Trade Activity
Dubai GDP Growth*
Dubai Direct Foreign Trade Breakdown (AED bn)
6.2%
5.9%
802.1
830.1
828.7
757.3
770.0
711.1
445.6
CAGR
2010-2020
4.0%
3.1%
3.1%
2.7%
2.1%
129.4
123.7
118.9
109.7
125.0
146
169.0
165.1
186.8
176.7
165.7
8%
124.5
95.6
-1%
82.6
514.2
535.6
518.3
470.8
479.2
2015
2016
2017
2018
2019
2020
2021
Q1 2022
440.8
267.4
2%
-11.8%
2015
2016
2017
2018
2019
2020
H1 2021
Imports
■Re-Exports
Exports
Other Sectors
18.8%
Oil & Mining
1.6%
Hotels &
Restaurants
9.6%
Manufacturing
8.6%
Transportation
11.0%
Trade
22.6%
Real Estate &
Construction
15.3%
Financial Sector
12.4%
Source: Emirates NBD research, Dubai Investment Development Agency, 2017 Global Investment Report
published by UNCTAD, Doing Business World Bank, IMF, Gulf news.
* Source: Dubai Statistics Center Q1 2022 as per the latest available data, some GDP growth percentages were
revised due to a new national account series issued by the Dubai Statistics Center.
1 Source: Dubai Tourism.
2 Source: DUBAI FDI Results and Rankings Highlights Report 2021, published by Dubai Investment
Development Agency (Dubai FDI).
Commentary
.
Main highlights of Dubai economy:
•
The Emirate of Dubai has reported its budgeted expenses for 2022 to reach AED60 bn.
During 2022, Dubai's successful tourism rebound continues to inspire global tourism recovery with the city welcoming
9.12 million international overnight visitors from January to August 20221.
With more than AED26 bn in FDI inflows, Dubai ranked first in attracting foreign direct investments in the Middle East
and North Africa for 2021, and third globally in FDI capital flows.²
Dubai is the 1st regionally and the 19th globally in the Global Financial Centres Index and ranks the 16th among 190
countries in the 2020 Doing Business.
Dubai has moved the historical focus on Real Estate and Trade to attract more knowledge intensive projects with a
greater focus on Technology.
H.H. Sheikh Mohammed bin Rashid Al Maktoum established the Dubai Security Centre which seeks to ensure the
proper implementation of international best practices in Dubai as a financial hub.
Dubai is placed at the forefront of the global Islamic economy, where the total value of listed Sukuk amounted to
AED294 bn - end of Q3 2022. According the IMF, During 2001-2015, USD53.8 bn or 36 percent of all global Sukuk
issuances originated in the UAE.
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