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FINANCIAL NEWS
Dubai’s Maritime sector contributed 4.6 percent to GDP
02 Sep 2014
(MENAFN) Maritime sector in Dubai contributed 4.6 per cent to Dubai’s GDP, or the equivalent of USD3.91 billion, Gulf News reported.
The local maritime industry is considered to be a key cornerstone in the unified efforts to drive sustainable growth and overall development in the future. It is also a major partner in the move to further enhance Dubai’s regional and international competitiveness.
“These components played an active role in supplying the labor market with more than 75.000 promising job opportunities to meet the demand for qualified human resources, especially in maritime operations, maritime engineering and ports,” the President of the Dubai Maritime City Authority (DMCA) said.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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