Page 313 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/19/24, 11:55 AM UAE's economy grows 3.4% in Q1 on non-oil sector boost | The National
The UAE is predicted to be the 10th biggest recipient of inbound tourism spending
globally this year, the World Travel and Tourism Council said last week. International
visitors to the UAE will spend an estimated $52.2 billion in the country this year, up 9.4
per cent annually, the tourism body said in a report.
Overall, trade made the largest contribution to the UAE's non-oil GDP in the first quarter,
accounting for 16.1 per cent, the Ministry of Economy said. It was followed by
manufacturing (14.6 per cent), financial and insurance activities (13.4 per cent),
construction and building (11.8 per cent) and real estate (7.1 per cent).
Updated: September 09, 2024, 2:29 PM
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