Tuesday , February 7 2023

AED 166.3 billion from the trading sector in the UAE – the last Dubai


Abu Dhabi, November 5 (WAM) – The products of the total trade are "wholesale
Retail and retail sales of 166.3 billion dirhams at constant prices in 2017
For 0,3%, compared with 2016 billion AED in 2016.

The output of the trade sector accounts for 11.7% of the total GDP
UAE 1.42 trillion dirhams at comparable prices at the end
In 2017

The monitoring of trading activities over the past four years has been shown
Growth in the sector continued, as industry output increased from AED 151 billion
2014 to 160 billion dirhams by the end of 2015, before jumping to
From 165.7 billion AEDs in 2016 to 166.3 billion AEDs per year
In the past.

The figures issued by the Central Bank of the United Arab Emirates show that the commercial sector is being prepared
The most popular banking financial equipment operating in the national comparison
With other economic activities. Sector / wholesale and retail trade /
Financing 6.3 billion AED from the beginning of 2018 until the end of the month
An increase of 4.1% compared with the end of 2017.

Financial equipment accounted for 18.5% of the total
For all sectors of the economy, which reached about
34 billion dirhams in the first eight months of this year.

Continued growth of financial opportunities provided by the banking system
The commercial sector continues in the country, which is one of the most important tributaries
Supporting the national economy.

The volume of loans granted to traders was 10.7% of the total
The banking system provided by the credit to all sectors of the economy that
About 1.486 trillion dirhams at the end of the year
2018, according to the latest Emirates Bank's statistics

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