Investor Presentaiton
Appendix
Strategy
Financial & Operating Performance
100%
80%
60%
40%
20%
0%
-20%
-40%
Feb-12
May-12
Aug-12
Emirates NBD Profile
Operating Environment
Dubai Economic Overview (2/3)
Highlights
Tourism continues to be a key driver of Dubai's growth
with Dubai International Airport, the world's busiest
international hub, enjoying strong passenger growth of 6.0%
in 2014 despite major runway refurbishment in May-July.
• Growth in passenger numbers slowed to -5.0% y/y in March
2015, as the number of Russian/ CIS passengers declined by
more than a third relative to a year ago.
Increased supply of rooms in the hotel sector, and a
strong USD have contributed to a -7.7% y/y decline in
RevPAR (Feb 2015). Hotel occupancy stood at 86.2% in
February, just 2% lower y/y.
Mn
7
654 3
210
Hotel Occupancy and RevPAR
Nov-12
Feb-13
May-13
Aug-13
.
RevPAR (% y/y)
Hotel Occupancy (%)
Source: STR Global, Emirates NBD Research
Nov-13
Feb-14
May-14
-
Aug-14
Nov-14
Feb-15
Dubai Airports Passenger Traffic
Mar-12
Jun-12
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Dec-13
Passenger traffic (Mn people) (lhs)
Source: Dubai Airports, Emirates NBD Research
Passenger traffic (% y/y) (rhs)
Dubai: External Trade Growth Trends
Mar-14
Jun-14
Sep-14
Dec-14
Mar-15
1,000
800
600
60%
40%
400
200
Matt
20%
0%
-20%
0
-40%
2006 2007 2008 2009 2010 2011
2012 2013 2014e
Exports & Re-Exports (lhs)
Imports (lhs)
Imports (% y/y) (rhs)
Source: Dubai Statistics Centre
Exports & Re-exports (% y/y) (rhs)
5
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Emirates NBD
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%View entire presentation