Dubai - Mubasher: Dubai’s real gross domestic product (GDP) grew by 2.6% and reached AED 389 billion last year, compared to AED 379 billion in 2016, according to the Dubai Statistics Center (DSC).
The emirate’s economic growth was fueled by the performance of strategic sectors that accounted for 72.2% of total growth in 2017.
The transportation and storage sector was the biggest contributor to total economic growth at 18.5%, surpassing wholesale and retail trade, traditionally the largest sector in the emirate.
The wholesale and retail trade sector’s contribution to growth stood at 8.3%.
