{"id":100532,"date":"2025-02-10T00:00:00","date_gmt":"2025-02-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/dubais-gdp-grew-3-1-y-o-y-in-9m-2024\/"},"modified":"2025-02-10T00:00:00","modified_gmt":"2025-02-10T00:00:00","slug":"dubais-gdp-grew-3-1-y-o-y-in-9m-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/02\/10\/dubais-gdp-grew-3-1-y-o-y-in-9m-2024\/","title":{"rendered":"Dubai\u2019s GDP grew 3.1% y-o-y in 9M 2024"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai\u2019s GDP grew 3.1% y-o-y to AED 339.4 bn in 9M 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bi2e9rw-dubais-gdp-expands-31-first-nine-months-2024-reach\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Abu Dhabi\u2019s GDP <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/cdab857b-671a-4b28-9f69-2197ea644496\/abu-dhabi%25e2%2580%2599s-economy-grew-4.5%2525-in-3q-2024\" style=\"\" rel=\"noopener\">had grown<\/a> 3.9% during the same period last year. The state news agency did not clarify Dubai\u2019s 3Q figures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the sector:<\/strong> <\/p>\n<ul>\n<li>The <strong>wholesale and retail trade<\/strong> sector expanded by<strong> 2.9% y-o-y<\/strong> to AED 83.1 bn last year, contributing 24.5% of the emirate\u2019s GDP;<\/li>\n<li><strong>Transportation and storage<\/strong> sector grew <strong>5.3% y-o-y<\/strong> to AED 42.1 bn;<\/li>\n<li><strong>Financial and ins. activities<\/strong> grew by <strong>4.5% y-o-y<\/strong> to reach AED 39.4 bn;<\/li>\n<li>The <strong>manufacturing<\/strong> sector grew by <strong>2.3% y-o-y<\/strong> to AED 28.3 bn;<\/li>\n<li>The <strong>real estate<\/strong> sector expanded by <strong>3.6% y-o-y<\/strong> to AED 27.3 bn;<\/li>\n<li>The <strong>ICT<\/strong> sector grew <strong>4.1% y-o-y<\/strong> to AED 15.9 bn, <\/li>\n<li>The <strong>accommodation and food services sector<\/strong> expanded by 3.7% y-o-y to AED 11.5 bn, <\/li>\n<li>and<strong> the construction sector<\/strong> recorded a 2.2% y-o-y increase. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All other sectors grew at an average rate of 1.2% <\/strong>during the 9M period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wholesale and retail trade contributed 24.5% of GDP<\/p>\n","protected":false},"author":1,"featured_media":100533,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1556],"tags":[87,19,7,20],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-dubai","tag-economy","tag-enterpriseam-uae","tag-gdp","wpautop","entry"],"acf":{"mongo_id":"e2031075-63c9-4be1-896f-b5ed3355dacf","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/982.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dubai\u2019s GDP grew 3.1% y-o-y in 9M 2024","related_issue":[100520],"teaser":"Wholesale and retail trade contributed 24.5% of GDP","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.56363731-ee9f-4293-97b8-53b7269dde3d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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