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13-01-14

Abu Dhabi's GDP rises 7.7 percent in 2012

(MENAFN) GDP of Abu Dhabi has boosted by 7.7 percent reaching USD248.12 billion by the end of 2012 compared to USD230.45 billion in 2011, according to Arab News. The Economic Report of Abu Dhabi 2013 showed that the growing industry activity was the reason behind the growth in 2012 which was estimated at 6.2 percent, compared to 5.28 percent in 2011. The emirate's oil exports recorded a rise of 6.9 percent in 2012 compared to approximately 5.4 percent in 2011.