Dubai's GDP grows by 3.3pc

RIYADH, Jan 21 (Reuters): Dubai's gross domestic product grew 3.3 per cent between January and September 2023, according to data released by state news agency WAM.

Over those nine months, accommodation and food services grew 11.1 per cent, while transportation and storage services rose by 10.9 per cent, and the information and communications sector grew by 4.4 per cent.

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.