Page 208 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

3/5/25, 1:46 PM UAE aims to boost fintech’s GDP contribution to 12% by 2031 - Fast Company Middle East | The future of tech, business and innova…
UAE aims to boost fintech’s GDP

contribution to 12% by 2031

Fintech is poised to contribute approximately 12% to the UAE's GDP by 2031.

[Source photo: Krishna Prasad/Fast Company Middle East ]

BY FAST COMPANY STAFF 2 M I N U T E R E A D

The UAE continues to cultivate opportunities and create a favorable

investment climate for the growth of emerging economic sectors.

Abdullah bin Touq Al Marri, the UAE’s Minister of Economy,
emphasized that the financial technology sector plays a crucial role

in driving economic growth, contributing 8.7% to the nation’s GDP.

“Fintech is one of the key sectors supporting sustainable growth and
other economic sectors, with a goal of increasing its contribution to

approximately 12% of GDP by 2031,” he shared with the Emirates
News Agency (WAM) during the launch of Investopia 2025 in Abu

Dhabi.

IS
https://fastcompanyme.com/news/uae-aims-to-boost-fintechs-gdp-contribution-to-12-by-2031/ 1/2