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FINANCIAL NEWS
Abu Dhabi’s GDP jumps 5.5 percent to USD 54.43bn
23 Mar 2016
(MENAFN) Abu Dhabi’s gross domestic product (GDP) touched almost USD 54.43bn by the end of Q3 of 2015, with an increase rate of 5.5 percent compared to 2014.
Accordingly, non-oil GDP increased at a rate of 7.1 percent across the cited quarter of 2015 compared a rate of 3.9 percent for oil GDP.
However, falling oil prices, weaker performance of emerging markets and commodity-exporting markets, have affected some of Abu Dhabi’s growth.
The whole value of Abu Dhabi’s non-oil commodity foreign trade between Jan to Sep 2015 touched USD 33.58bn, up 9.5 percent compared to 2014.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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