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FINANCIAL NEWS
Abu Dhabi GDP jumps to USD53.36bn in Q4
11 Jul 2016
(MENAFN) Abu Dhabi’s GDP jumped to USD53.36bn in Q4 of 2015, recording a 7.7 percent increase among the same quarter in 2014.
Moreover, the increase was attributed to the emirate’s non-oil sector, whose GDP grew 8.8 percent at fixed prices and accounted for 50.7 percent of all GDP.
Accordingly, segments such as financial markets, the tourism sector, and non-oil foreign trade posted enhanced performance among the quarter.
Meanwhile, the tourism sector showed that the number of hotel guests in Q1 of this year grew 11 percent over the comparative period in 2015 to 1.11mn guests.
More News
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BBK launches December Grand prizes campaign offering over One Million Bahraini Dinars to over 280 Winners!
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BBK celebrates Bahraini Women’s Day with the graduation of 20 female leaders from Harvard and Cornell Program
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BBK launches a new suite of HSBC Mutual Funds to expand Global and Islamic investment opportunities
30 Nov 2025
BBK successfully completes the transfer of HSBC Middle East, Bahrain Retail (Consumer) Business to BBK
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BBK launches exclusive Mortgage Financing offers in collaboration with Best Location Properties
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BBK acts as Joint Lead Manager and Bookrunner in a US$ 500 Million bond issuance for Bank of Sharjah
26 Nov 2025
BBK launches a new promotional and service platform at the Ministry of Housing and Urban Planning
20 Nov 2025
BBK partners with Lumofy to enhance employee capabilities through innovative AI-driven solutions
18 Nov 2025
BBK partners with Kanoo Motors to launch exclusive offers on Deepal Range-Extended Electric Vehicles
18 Nov 2025
BBK partners with Asia Jewellers to offer exclusive benefits for customers at Jewellery Arabia 2025
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BBK launches “Sustainability Academy” to equip employees for the future of Sustainable Banking
05 Nov 2025
BBK rewards 202 winners with a total of BD 450,000 in the September “Al Hayrat” Grand prizes draw
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