Page 679 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

2/26/25, 3:34 PM 'Future of the Economy' forum discusses transformative trends shaping global economy growth
The forum held three panel discussions on key topics, including the emergence of

innovative industrial policies, the formation of new economic blocs and their role in
supporting economic growth, and the opportunities for regional economic growth in

2025.

Additionally, it discussed the economic and geopolitical challenges that hinder

regional and global economic growth, as well as promising opportunities in
emerging markets.

Abdulla bin Touq Al Marri, Minister of Economy, said that organising the forum at
this year's WGS demonstrates the UAE's commitment to fostering dialogue and

knowledge exchange with experts, policymakers, and thought leaders. The purpose

is to explore the latest trends shaping the global economy, making it more adaptable
and sustainable.

In his speech at the forum, Al Marri added, "Today, we have gathered here to shape
a more robust economic future by embracing international best practices. In

addition to exploring economic events and trends, we aim to foster an environment

conducive to cooperation and collective efforts in order to formulate fresh strategies
that bolster the growth and sustainability of our economies. We are confident that

the insights we exchange today will help us understand the future challenges better,

preparing us to effectively navigate them."

He noted that thanks to the wise leadership's guidance, the UAE has successfully

developed a unique approach to adapting to global economic changes and
navigating regional and international geopolitical challenges.

The UAE has actively worked on the Emiratisation of technology and innovation in

crucial economic sectors, while also introducing flexible economic policies to

diversify its economy. As a result, non-oil sectors now account for more than 75
percent of our national GDP.

He continued, "Additionally, the UAE continues to attract global talent and has

forged fruitful economic partnerships with leading markets regionally and globally,

positioning itself as a leading global hub for business and investment. Today, it has
become a home for startups and entrepreneurs."

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