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the objectives of the We the Emirates 2031 vision, which aims to raise the country's GDP to AED 3
trillion by the next decade.

Her Excellency Hanan Mansour Ahli, Director of the Federal Competitiveness and Statistics Center,
affirmed the UAE's GDP growth during the first quarter of this year confirms the efficiency of the
UAE's economic model and reflects the UAE government's success in implementing the
leadership's directives to develop economic sectors on a sustainable basis and intensify economic
diversification efforts to ensure the continued development and growth of the country's GDP.

She stated the non-oil GDP growth rate exceeding 5 per cent reflects the UAE's vision and direction
to establish an advanced and diversified economic model, empowered by technology and
innovation. This model provides a stimulating environment for businesses and creative minds to
transform their visions into successful companies and projects that contribute to the UAE's
evolving economic landscape.

Manufacturing activities topped all other economic activities in terms of growth rate during the first
quarter of this year compared to the same period last year, witnessing a growth rate of 7.7 per cent,
followed by the finance and insurance and construction sectors, which achieved growth of 7.0
percent. Real estate activities grew by 6.6 per cent, and trade activities by 3.0 per cent.

In terms of the economic activities that contributed most to non-oil GDP during the first quarter of
2025, the trade sector ranked first, contributing 15.6 per cent. The finance and insurance sector
came in second, contributing 14.6 per cent, followed by manufacturing industries at 13.4 per cent,
while the construction sector contributed 12.0 per cent, and real estate activities 7.4 per cent.

http://hit967.ae/news/business-news/uaes-gdp-grows-3-9-in-q1-non-oil-sector-hits-record-high/