Saturday 25 August 2012

Business - SME share to UAE GDP doubles to 60%

Small and medium enterprises, or SMEs, have become a vital cog to the growth of the UAE economy, contributing 60 per cent of the national GDP in 2011, according to the UAE Ministry of Economy.
This figure represents a 100 per cent increase from 2010, when the Ministry of Foreign Trade’s economic bulletin reported that the SME sector in the UAE contributed 30 per cent of the GDP.

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