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1/20/25, 4:48 PM Economic Integration Committee reviews 2024 achievements - City 1016

ECONOMIC INTEGRATION COMMITTEE

REVIEWS 2024 ACHIEVEMENTS

News Home More from Business News Sunday, 12 January 2025 15:24

By ARN News Staff

File photo
The Economic Integration Committee has held its first meeting for the year 2025, reviewing the Committee’s
efforts and achievements in 2024 in promoting the growth and diversification of the national economy.

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, 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 the 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

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