Q3-15 Financial Results Highlights
Appendix
Strategy
Operating Environment
Dubai Economic Update (2/3)
Highlights
Passenger traffic at the Dubai International Airport (DXB) rose to
52.3 million in Jan-Aug 2015, up by 12.4% y/y.
Passenger traffic is expected to exceed 79 million at DXB by end
2015 and 103.5 million by 2020, according to Dubai Airports.
Dubai's hotel occupancy averaged 76.8% in Jan-Sep 2015,
down from 77.7% in the same period of 2014. Supply of hotel
rooms in Dubai increased by 5.7% y/y in September 2015. With
supply of hotel rooms outpacing demand for Jan-Sep 2015,
occupancy rates may remain stable or ease slightly with demand
gradually catching up in run-up to 2020 Expo.
Financial & Operating Performance
Emirates NBD Profile
Hotel occupancy and RevPAR
80
60
40
20
0
888
100
-20
بسبل السلس اسباني
-40
Sep-10
Sep-11
Mn
Emirates NBD
8 76543210
4
Dubai Airports passenger traffic
ним
Mar-12
Jun-12
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Dec-13
Mar-14
Jun-14
Sep-14
Dec-14
Mar-15
Jun-15
Passenger traffic (Mn people) (Ihs)
Source: Dubai Airports, Emirates NBD Research
Composition of Dubai GDP
Passenger traffic (% y/y) (rhs)
80
ཎྜ ཤྩ ཤྩ བྷྲ རྞ 。 ིི f
40
100
Dubai GDP by Sector (%) - 2014
Other
Hosp.
5%
5%
Financial
servcs.
11%
Manuf.
14%
Transport,
RevPAR (% y/y)
Occupancy Rate (%)
-40
Sep-12
Sep-13
Sep-14
Sep-15
Source: STR Global, Emirates NBD Research
comm.
15%
Source: Dubai Statistics Centre
Trade
29%
Constr. & RE
21%
5
35%
30%
25%
20%
15%
10%
5%
0%
-5%
-10%
-15%View entire presentation