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Business News of Monday, 28 October 2024

    

Source: thebftonline.com

Aviation’s substantial contribution to Dubai’s economy revealed

Dubai's aviation sector contributed AED 137 billion of its GDP in 2023 Dubai's aviation sector contributed AED 137 billion of its GDP in 2023

Dubai's aviation sector contributed AED 137 billion (USD 37.3 billion) or 27% of its GDP in 2023, supporting 631,000 jobs.

By 2030, projections estimate this will rise to AED 196 billion, equating to 32% of GDP, with an additional 185,000 jobs created.

Aviation-driven tourism generated AED 43 billion, supporting 329,000 jobs, and is set to grow 40% by 2030.

Expansions at Dubai International and Dubai World Central—part of Dubai’s D33 Economic Agenda—aim to enhance the city’s connectivity, driving economic growth through trade, tourism, and logistics advancements.

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