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FINANCIAL NEWS
Dubai’s GDP likely to expand 2.3%
27 Oct 2010
(MENAFN) Executive Director at the Dubai Statistics Centre, Arif Obaid Al Muhairi said that Dubai?s gross domestic product (GDP) is expected to increase by 2.3 percent by the end of 2010, Reuters reported.
Last year’s official GDP data are not available but are estimated to account for over 32 percent of the UAE?s economy.
During the second quarter of 2010, Dubai?s exports increased by 46 percent compared to the same period of 2009. Also re-exports and imports also expanded at double-digit rates.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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