{"id":262880,"date":"2019-11-25T15:39:54","date_gmt":"2019-11-25T18:39:54","guid":{"rendered":"https:\/\/anba.com.br\/?p=262880"},"modified":"2019-11-25T17:44:33","modified_gmt":"2019-11-25T20:44:33","slug":"dubai-economy-grew-2-1-in-h1-2019","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/dubai-economy-grew-2-1-in-h1-2019\/","title":{"rendered":"Dubai economy grew 2.1% in H1 2019"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 The economy of Dubai expanded 2.1% year-on-year in H1 2019,\u00a0 driven by a 6.2% growth in transport and storage. The Gross Domestic Product (GDP) reached AED 208.2 billion (USD 56.7 billion) in constant prices during H1 2019, according to the Dubai Statistics Center.<\/p>\n<p>Trade hit a real growth rate of 3.3% due to the increase in foreign trade exchange and the increase of re-exports by 3% to reach AED 210 billion (USD 57.2 billion), said Dubai Statistics Center director Arif al-Muhairi.<\/p>\n<p>Figures released last week showed GDP slowed to 1.9% in 2018, from 3.1% in 2017. A property glut and faltering demand have dragged the emirate since real estate prices peaked in 2014.<\/p>\n<p>Data from Sunday\u2019s report included a 2.7% growth in the hospitality and restaurant industry, which accounts for 5.1% of GDP. Total visitors to the emirate in H1 reached 8.4 million, up 3.2%.<\/p>\n<p>Information is from the newspaper <a href=\"https:\/\/gulfbusiness.com\/dubai-economy-grew-2-1-first-half-2019\/\" target=\"_blank\" rel=\"noopener\"><em>Gulf Business<\/em><\/a>\u2019website.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-262843\">Karim Sahib\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GDP growth was driven by a 6.2% rise in the logistics sector. Foreign trade also had an impact.<\/p>\n","protected":false},"author":2316,"featured_media":262843,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[9621,27134,10545,9756,2781,9579],"class_list":{"0":"post-262880","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-dubai-en","9":"tag-economia-en","10":"tag-economy-en","11":"tag-gdp-en","12":"tag-growth","13":"tag-uae-en"},"wps_subtitle":"GDP growth was driven by a 6.2% rise in the logistics sector. Foreign trade also had an impact.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/262880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=262880"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/262880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/262843"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=262880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=262880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=262880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}