Page 312 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/19/24, 11:55 AM UAE's economy grows 3.4% in Q1 on non-oil sector boost | The National
"The UAE's ports have demonstrated exceptional performance during this time, with
Dubai's international ports witnessing a 3.7 per cent growth in the number of containers
handled, while Abu Dhabi's ports experienced a 36 per cent increase in cargo-handling
volume on an annual basis," the ministry added.
Construction and building activities grew 6.2 per cent in line with the "several
development projects initiated by the UAE government in early 2024", the ministry said.
They saw a "substantial rise" in the government’s public capital expenditures, reaching
Dh4.8 billion.
Luxury property launches in Dubai - in pictures
The restaurant and hotel sector also expanded 4.6 per cent, mainly due to a boost in
tourism, with Dubai alone welcoming 5.18 million international tourists in the first
quarter.
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