Dubai strengthens its position as a global economic center

In the first 6 months of 2023, the emirate accepted over 8.5 mln foreign guests to top the rating of the best tourist destinations according to Tripadvisor's Travelers' Choice Awards 2023.

In the first half of 2023, Dubai Financial Market was also one of the most successful stock markets: its index grew by 14% amounting to 3,792 points, and the total market value of listed companies reached $177.5 billion. Dubai's real estate sector witnessed an increase in demand as well, with the total volume of transactions reaching $77.6 billion.

Dubai economics showed growth in different sectors in the first half of 2023. It proves confidence of foreign investors, international organizations and business leaders.

See the most notable UAE business news online in the Telegram channel - Russia-UAE Trade House

Khaleej Times, July 16, 2023