Abu Dhabi's GDP up 5.5% in Q3

Abu Dhabi-Mubasher: Abu Dhabi's gross domestic product (GDP) reached AED 200 billion at fixed prices in the third quarter of 2015, up 5.5% compared with AED 189.6 billion in the same period of 2014, according to the figures released by Statistics Centre of Abu Dhabi (SCAD).

Non-oil businesses and sectors grew by 11.8% and 7.1% year-on-year at current and fixed prices, respectively, in Q3-15.

The emirate has high-quality infrastructure and ability to shift to a knowledge-based economy, in addition to its financial sector's sustainability and moved business competitiveness.    

 

 

Mubasher Contribution Time: 30-Jan-2016 09:39 (GMT)