Page 665 - MOE ENGLISH PR REPORT - JANUARY 2025

Economic Integration Committee reviews its achievements, efforts in promoting national
economic growth

• Sunday, January 12, 2025 3:04 PM
• 3 minutes Reading

ABU DHABI,12th January, 2025 (WAM) -- The Economic Integration Committee held its first meeting
for the year 2025, chaired by Abdullah bin Touq Al Marri, Minister of Economy, and with the
presence of Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, and directors of all
local economic development departments in the country.

The meeting reviewed the Committee’s efforts and achievements in the year 2024 in promoting the
growth and diversification of the national economy. It also assessed the Committee’s contributions
to enhancing the competitiveness of the country’s business and investment environment, and to
the development of a number of economic legislation and policies in line with global best
practices.
Bin Touq said, “The UAE’s economic performance in 2024 is the result of exceptional and concerted
efforts that led to substantial progress in our transition towards a new economic model based on
innovation and knowledge. As a result, we were able to establish a leading and exemplary
economic climate for the success of businesses, investors and startups from around the world.”

He added that these efforts supported the national economy’s growth and competitiveness at the
regional and global levels. For instance, the UAE’s non-oil GDP during the first half of 2024 grew by
4.4 per cent compared to the same period in 2023, while non-oil sectors' contribution to the GDP
rose to 75 per cent by the end of H1 2024.

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