Page 358 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/19/24, 11:59 AM                            UAE GDP grows 3.4% in Q1, driven by non-oil sector




            UAE GDP grows 3.4% in Q1, driven


            by non-oil sector
























































            RIYADH: The  UAE’s gross domestic product reached 430 billion dirhams ($117

            billion) in the  „rst quarter of 2024, marking a 3.4 percent year-on-year growth.


            Economy Minister Abdulla Al-Marri highlighted that the preliminary estimates

            from the  Federal Competitiveness and Statistics Center emphasize the vitality
            of the  UAE economy and its ability to sustain growth, as reported by Emirates
            News Agency, also known as WAM.



            The  non-oil sector played a signi„cant role in this expansion, with a 4 percent

            increase contributing substantially to the overall economic performance.








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