Wednesday, 27 July 2011

gulfnews : Abu Dhabi's GDP growth accelerates

Abu Dhabi's economy witnessed 15.9 per cent growth last year, according to a report published by the Statistics Centre Abu Dhabi (Scad) Tuesday.

The report, which is from the Statistical Yearbook of the Emirate of Abu Dhabi 2011, also said that a number of indicators show the capital's economy has overcome the repercussions of global financial downturn.

The emirate's economy posted record gains of Dh85 billion last year, which saw the GDP at current prices grow to Dh620.2 billion, up 15.9 per cent from Dh546.5 billion, it said.

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