Economic Slowdown in "Dubai": Nirav A.Jadav

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Economic slowdown in

“DUBAI”

Prepared by:
Nirav A.Jadav
DUBAI GDP BREAKDOWN

Oil & natural gas


Construction 2%
10% Manufacturing
14%
Transport & Comm.,
8%
Real Estate and Bus. Services
15%

Trade
39% Financial services
8%
Others
4%
Reasons
• Spending more on real estate

• Global financial crisis

• Delay in repayment of debt


- Dubai World
- Nakheel

• FIIs did not turn to Dubai for


investment
Effects of crisis
• Real estate market affected

• Unemployment Increase

• Impact on banks

• FII facing loss

• Depend on oil prices


Impact on India’s export
Impact on UAE’S GDP
Current situation
• Job opportunity is not there

• Real estate prices still goes down

• Cost of living is high

• Oil price is rising


Thank You
Thank You

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