Dubai’s GDP at constant prices achieved a growth rate of 1.94 per cent in 2018 compared to 2017 with a value added of Dh398.129 billion ($108 billion), said a report released by Dubai Statistics Center (DSC).

Arif Al Muhairi, executive director of DSC, stated that the competitiveness of Dubai’s markets and the efficiency of its economy have stimulated the demand and reflected positively on the productivity of its various economic sectors and pushed the wheels of economy growth to reach nearly 2 per cent.

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