UAE Economic and FY 2012 Financial Results Update
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