Dubai's non-oil trade sees strongest growth rate since 2015 | ZAWYA MENA Edition:
Dubai recorded a non-oil foreign trade of 339 billion ($92.3 billion) in the first quarter of 2019, an increase of 7 per cent compared to 2018 figures. According to Emirates NBD research, it is the strongest growth rate recorded since ‘at least’ 2015.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Dubai Executive Council, said in a statement that the growth figures support the emirate’s plans for economic diversification.
“This robust performance and marked growth of Dubai’s non-oil foreign trade is an indication that we are on the right path of revenue diversification in alignment with the values and standards outlined in the 50-year Charter,” he said.
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