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9/19/24, 5:06 PM UAE Achieves strong first quarter growth with $117.16 billion GDP - Fast Company Middle East | The future of tech, business and i…
UAE Achieves strong first

quarter growth with $117.16

billion GDP

Financial and insurance activities emerged as the leading contributors to non-oil GDP growth, expanding
by 7.9%

[Source photo: Krishna Prasad/Fast Company Middle East]

BY FAST COMPANY STAFF 2 M I N U T E R E A D

The UAE’s economy continued its upward trajectory in the first

quarter of 2024, with an increase in non-oil GDP. This strong
performance highlights the country’s growing economic

diversification and resilience in navigating global challenges.

Abdulla bin Touq Al Marri, UAE Minister of Economy, emphasized

the resilience and vitality of the national economy in the first quarter
of 2024, as indicated by preliminary GDP growth estimates from the

Federal Competitiveness and Statistics Centre (FCSC).

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