Multifaceted growth across diverse sectors provides further evidence of emirate's economic stability and adaptabilityDubai has registered a 3.3 per cent rise in the real gross domestic product (GDP) in the first nine months of 2023, further demonstrating its economic strength, resilience and robust growth potential. The achievement reflects the city's sustainable development strategies and its continued dynamism as a leading global economic powerhouse. From bustling tourism hubs to tech-powered communications networks, Dubai's economic landscape illustrates the depth and wide-ranging nature of its diversification. Accommodation and food services activities witnessed a remarkable 11.1 percent growth, solidifying Dubai's position as a global tourism leader.  Transportation and storage services followed suit, surging by 10.9 percent, highlighting the emirate's role as a prominent international logistics hub. The information and communications sector, with a 4.4 percent increase, underscores Dubai's commitment to embracing cutting-edge technologies and fostering a thriving knowledge economy. This multifaceted growth across diverse sectors provides further evidence of Dubai's economic stability and adaptability. Reflecting on the emirate's recently released economic data, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, applauded Dubai's continued economic attractiveness.  Dubai's sustained economic growth is a testament to the vision and strategic directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE and Ruler of Dubai," Sheikh Hamdan said.  "This success is the result of the harmonious collaboration between all of Dubai's economic stakeholders, including its public and private sectors. It is also a reflection of Dubai's favourable economic climate, robust world-class infrastructure, pro-business regulations and deep talent pool which together consistently draw in a diverse array of investors and entrepreneurs from all corners of the globe."  He further noted that the latest growth figures paint a clear picture of progress towards the ambitious goals of the Dubai Economic Agenda D33, which aims to double the city's economic growth and make it one of the world's top three urban economies by 2033. "To maintain this growth trajectory, we are focused on building on our strategic partnerships and further enhancing our frameworks for innovation, investment and enterprise, reinforcing Dubai's position as a leading global economic hub in the coming decade," Sheikh Hamdan added. (ICE DUBAI)

Fonte notizia: www.khaleejtimes.com/business/economy/dubais-economy-grew-with-3-3-gdp-expansion-in-first-9-months-o