Page 301 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

The restaurant and hotel sector secured the fourth spot with a 4.6 percent growth during the first
quarter of 2024 compared to the corresponding period in 2023. Moreover, the UAE emerged at the
forefront of the global tourism landscape, attracting a substantial number of tourists from around
the world.

In particular, Dubai witnessed a remarkable influx of 5.18 million international tourists,
representing an 11 percent increase compared to the corresponding period in 2023. Abu Dhabi also
maintained its exceptional performance in key tourism indicators, including the average hotel
occupancy rates and revenue per available rooms.

Trade activities made the largest contribution to the non-oil GDP, accounting for 16.1 percent.
Manufacturing activities come in second at 14.6 percent, with financial and insurance activities
ranking third at a rate of 13.4 percent.

Construction and building activities contribute 11.8 percent, followed by real estate activities with a
contribution of 7.1 percent.

https://www.wam.ae/en/article/b53mf0l-uaes-gdp-hits-aed430-billion-2024