Dubai’s gross domestic product grew 3.3% between January and September 2023, according to data released by state news agency WAM on Sunday.
Citing the data, Reuters reported that over those nine months, accommodation and food services grew 11.1%, while transportation and storage services rose by 10.9%, and the information and communications sector grew by 4.4%.
The city-state, widely regarded as the trade and tourism hub of the Gulf region, launched a 10-year economic plan known as D33 in January last year, aiming to double the size of the economy and make Dubai one of the top four global financial centres within a decade. (NewsWire)