27 Dec 2011
(MENAFN) Abu Dhabi Chamber of Commerce and Industry said that the emirate’s gross domestic product (GDP) is forecasted to have grown by nearly 3.8 percent in the current year, reported Emirates 24/7.
The chamber added that total fixed capital formation in 2011 increased by around USD3.8 billion from last year’s USD26.6 billion to USD30 billion, moreover, the oil sector rose by 7.3 percent in current prices, whereas the non-hydrocarbon sector went up by 8.5 percent.
It also said that real GDP grew by 3.8 percent reaching USD154 billion, compared with USD148.7 billion in 2010, on the other hand, GDP per capita rose by 1.5 percent to USD54,760, recording one of the highest levels in the world.
It is worth noting that private investment in 2011 expanded to USD14.6 billion from USD12.9 billion, while public investment reached USD6.8 billion, up from USD5.76 billion.
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more