(ANSAmed) - DUBAI, MAY 30 - ''Dubai has bounced back'', at
least according to the data released by Dubai's statistics
department that were reported today by daily Gulf News. These
data show a sharp increase in trade and tourism, but also
continuing difficulties in the property sector.
In 2011, the volume of foreign trade business increased by
22%, mainly due to growing trade with the Asian markets. The
airports recorded an 8% increase in tourists last year.
This year even promises better: the growth rate over the
January-April period, compared with the same period the year
before, is 14%. Real economic growth reached 3.4% in 2011, in
line with the prediction made by the International Monetary
Fund, which had estimated Dubai's GDP growth at 3.3%. (ANSAmed).
