Page 326 - MOE ENGLISH PR REPORT - AUGUST 2024

UAE non-oil foreign trade continues to set new

milestones: Thani Al Zeyoudi

• 23 hours ago

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Dr. Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the UAE has
placed foreign trade at the centre of its economic agenda, recognising its pivotal role in driving
industrial output, enhancing the global competitiveness of its products and services, as well as
catalysing innovation.
He said, “As a direct result of this conviction, and guided by our leadership’s forward-thinking vision
and commitment to global collaboration, our non-oil foreign trade continues to set new
milestones.”

Dr. Al Zeyoudi noted that the value of the UAE’s non-oil trade has remained on a robust growth
trajectory, reaching an all-time high of Dhs1.395 trillion in the first half of 2024 – the sixth
consecutive half-year period of foreign trade growth.

This new milestone marks an 11.2 percent increase in foreign trade compared to H1 in 2023, and
underscores the success of the UAE’s economic diversification strategies, he said, adding that this

https://www.gulftoday.ae/business/2024/08/25/uae-non-oil-foreign-trade-continues-to-set-new-
milestones-thani-al-zeyoudi