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FINANCIAL NEWS
16% growth in Dubai’s non-oil trade during Q1
15 May 2013
(MENAFN) Despite the global economic weakness, Dubai’s non-oil trade witnessed a 16 percent growth during the first three months of 2013, reported Arabian Business.
USD88.6 billion is the total non-oil trade in the period, compared to USD76.2 billion in the same period last year.
According to what Ahmed Butti Ahmed, director general of Dubai Customs said, the real estate growth will lead to enhance other sectors.
It’s worth mentioning that the 2012 non-oil trade slipped due to business problems with Iran.
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