Dubai economy grows by 3.4% in 2011

Dubai’s economy expanded by 3.4 percent in 2011, helped by strong trade flows and rising tourist numbers, Arif Obaid al-Muhairi, executive director of the Gulf Arab emirate’s statistics office was quoted as saying on Tuesday.
One of seven UAE saw its gross domestic product rise to AED306.2bn (US$83.4bn) last year from AED296.1bn in 2010, Muhairi was quoted as saying at Dubai Statistics Center’s website.