Dubai's GDP grew 2.8% to AED111.3 billion in Q1 2023

Dubai has continued to maintain a strong economic momentum with its GDP for the first quarter of 2023 surging by 2.8 per cent to AED111.3 billion.

Taking to social media platform 'X', His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and Chairman of The Executive Council of Dubai, said it's a "testament to the dynamism of its diverse economic sectors".

The "growth," he added, "contributes to the ambitious goals of the Dubai Economic Agenda D33 to double the city's GDP over the next decade and consolidate its status as one of the world’s top three urban economies".

Dubai continues to maintain a strong economic momentum with its Q1 2023 GDP surging by 2.8% to AED111.3 billion. Testament to the dynamism of its diverse economic sectors, the growth contributes to the ambitious goals of the Dubai Economic Agenda D33 to double the city's GDP over…

— Hamdan bin Mohammed (@HamdanMohammed) August 8, 2023