Page 373 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 12:01 PM UAE's GDP hits AED430 billion in Q1 2024

UAE's GDP hits AED430

billion in Q1 2024

WAM
9th September 2024, 19:03 GMT+10

ABU DHABI, 9th September, 2024 (WAM) -- 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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