UAE's economy continues to escalate

(MENAFN) Dubai's gross domestic product (GDP) is forecasted to grow significantly by 4.7% in the three month to June 30 of this year, reported Arabian Busness. the United Arab Emirates witnessed a respectable growth in its key sectors, such as, financial, real estate and construction, which boosted the country's economy by 4.1% in the first quarter. It's worth mentioning that the previous year growth was attributed to the wholesale and retail trade, representing the biggest contribution of 28 percent to the emirate's GDP.