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9/12/25, 2:23 PM UAE Economy Grows 3.9% In Q1 2025
Manufacturing activities topped all other economic activities in terms of growth rate during the
quarter, growing 7.7%. The finance, insurance, and construction sectors followed, achieving growth
of 7%. Moreover, real estate activities grew by 6.6%, while trade activities grew by 3%.
The trade sector contributed the most to non-oil GDP during the quarter, 15.6%. The finance and
insurance sector came in second, contributing 14.6%, followed by manufacturing industries at
13.4%.
Minister of Economy and Tourism Abdullah bin Touq Al Marri stated that the performance confirms
the strength and resilience of the national economy and its ability to continue its exceptional growth
path. He added that they reflect the confidence of investors and the international community in the
UAE's business and investment environment.
The minister noted that the contribution of non-oil economic activities to the real GDP has reached a
new record high of 77.3%. He added that the growth is in line with the objectives of the "We the
Emirates 2031" vision, which aims to raise the country's GDP to $816.7 billion (AED 3 trillion) by
the next decade.
August non-oil business activity
The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) increased in August
to 53.3 from July's 49-month low of 52.9.
The growth in the PMI was attributed to a sharper expansion in output levels midway through the
third quarter of the year. The survey revealed that the uplift in activity was the fastest for six months
and slightly better than the survey's long-run trend.
Panellists said the upturn was underlined by higher sales intakes, ongoing project work and growth
in local markets.
Gulf UAE GDP Economy Non-Oil Activity
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