Page 282 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 5:06 PM UAE's GDP hits AED430 billion in Q1 2024

UAE’s GDP hits AED430 billion in

Q1 2024

Editor 1 week ago 3 minutes read

Abdulla bin Touq Al Marri, Minister of Economy, said that the preliminary estimates of the
UAE’s GDP growth in the Q1 2024, issued by the Federal Competitiveness and Statistics Centre (FCSC),
underline the resilience and vitality of the national economy and exemplify its ability to continue on the path

of sustainable growth.

He highlighted that the country’s real GDP reached AED430 billion in Q1 2024, recording a remarkable
growth of 3.4 percent compared to the same period in 2023, while the non-oil GDP grew by 4 percent
compared to the same period last year.

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