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Investor Presentaiton

AEDM ions Dubai Economic Update (cont'd) ■ ■ 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 Dubai exports and re-exports has been showing an increasing trend while imports remained broadly stable. Dubai's Strategic Location Dubai: Air passenger arrivals increase in Q3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 08 08 08 08 09 09 08 09 10 10 10 10 11 11 11 Airport passenger arrivals (lhs In Millions) Number of Hotel Guests (lhs In Millions) Number of Hotel Rooms (rhs In 000s) Source: Dubai Statistics Centre, Emirates NBD Research Emirates NBD Dubai: External trade growth remains strong 40 2 8 8 9 8 8 2 o 70 260 150% 100% 200 60 30 20 AED' 000s AED Bon 60% 160 0% 100 10 -60% 60 -100% 0 -160% Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q20304Q1Q203040102 08 08 08 08 07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 10 11 11 Imports Source: Dubai Statistics Centre, Emirates NBD Research Exports & Re-Exports 7 Y-oy Growth %
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