The Economic Chill Gripping Dubai in Five Charts - Bloomberg:
Dubai’s $108 billion economy is still eking out growth, but distress is increasingly felt far beyond its bellwether property industry.
Despite the emirate’s standing as the Middle East’s commercial hub, businesses are pulling up stakes and private schools are suffering from tepid growth in student numbers. Dubai’s gross domestic product last year expanded at the weakest clip since 2010.
Figures published on Dubai’s statistics center website paint a picture of an economy still struggling to find its footing last year despite an improving outlook for crude.
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