Page 440 - MOE ENGLISH PR REPORT - MARCH 2025

3/17/25, 2:35 PM UAE GDP up 3.8% to $360m in first 9 months of last year - Arabian Business: Latest News on the Middle East, Real Estate, Financ…

This growth was driven by a strong expansion in non-oil sectors, which grew by 4.5 per

cent to AED987bn ($268.8bn), reflecting the success of the country’s economic
diversification strategy.

The contribution of non-oil activities to real GDP reached 74.6 per cent, highlighting the

increasing role of these sectors in supporting economic growth, while oil-related activities

contributed 25.4 per cent.

UAE GDP growth

Abdullah bin Touq Al Marri, Minister of Economy, emphasised that the continuous growth

of the national economy reaffirms the success of the UAE’s economic policies and
strategies aimed at enhancing economic diversification, facilitating business activities, and

promoting the expansion of new economy sectors as a key driver for sustainable economic
and social development.

Under the leadership of President Sheikh Mohamed bin Zayed Al Nahyan, and the

directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister,
and Ruler of Dubai, the country has focused on building an innovative economic model

based on global best practices, capable of adapting to global economic changes and

challenges.

Bin Touq stated that national efforts continue to increase the contribution of non-oil
sectors to the national economy, develop more flexible and competitive economic

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