The value of Abu Dhabi's economy exceeded Dh1 trillion for the first time in 2011 driven by increased spending in the manufacturing sector, the latest data show.
The Statistics Centre-Abu Dhabi (Scad) released revised economic data yesterday showing that nominal GDP in 2011 grew by 29.9 per cent year on year to Dh1.06tn, providing further evidence of the emirate's continuing recovery.
"The results demonstrate the robustness and stability of the emirate's economy, attesting to its massive competitive edge over regional and global economies and boosting its appeal to local and foreign investors," said Scad.
Abu Dhabi's 'robust' economy exceeds Dh1 trillion for first time - The National
No comments:
Post a Comment