Abu Dhabi’s non-oil gross domestic product expanded 8.6 per cent in the first nine months of the year, supporting overall economic growth as the UAE capital continues with its diversification strategy.
The emirate’s total GDP for the January-September period grew by 2.8 per cent on an annual basis, despite fluctuations in the world’s oil and gas markets, the Statistics Centre Abu Dhabi said on Friday.
In the third quarter, the emirate’s economy “reached its highest quarterly value” at Dh290.5 billion ($79.1 billion), up 1 per cent annually “despite the decline in oil prices”.
The non-oil…
