Dubai’s GDP grew 2.8% to AED111.3 billion in Q1 2023

File Picture

Dubai has continued to take care of a robust financial momentum with its GDP for the primary quarter of 2023 surging by 2.8 per cent to AED111.3 billion.

Taking to social media platform ‘X’, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai’s Crown Prince and Chairman of The Executive Council of Dubai, mentioned it is a “testament to the dynamism of its diverse economic sectors”.

The “growth,” he added, “contributes to the ambitious goals of the Dubai Economic Agenda D33 to double the city’s GDP over the next decade and consolidate its status as one of the world’s top three urban economies”.

Dubai continues to take care of a robust financial momentum with its Q1 2023 GDP surging by 2.8% to AED111.3 billion. Testament to the dynamism of its numerous financial sectors, the expansion contributes to the formidable targets of the Dubai Economic Agenda D33 to double the town’s GDP over…

— Hamdan bin Mohammed (@HamdanMohammed) August 8, 2023