Abdullah bin Touq Al Marri, the UAE Minister of Economy, has forecasted the national economy will grow by 5% to 6% in 2025, bolstered by strong performance in key sectors including technology, renewable energy, trade, financial services, and infrastructure.
Al Marri revealed that the UAE’s GDP growth averaged 4.8% from 2021 to 2024, with non-oil GDP growth reaching an impressive 6.2%. Non-oil sectors now contribute 75% to the country’s GDP, underscoring significant strides toward achieving the "We the UAE 2031" vision.
Al Marri emphasized that this sustained growth demonstrates the UAE’s capacity for robust and enduring expansion, particularly in comparison to advanced global economies. The country’s economic strategy, which includes the circular economy, space sector, and other emerging industries, is key to attracting foreign investment and fostering new economic partnerships.
The Minister further attributed the UAE’s resilience and sustained economic growth to the vision and directives of the nation's leadership. He highlighted the government’s clear strategy focused on innovation, advanced technology, and knowledge-based sectors as critical drivers for the UAE’s long-term economic stability, even amid global challenges.
News Source: Emirates News Agency
