Page 733 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1
P. 733

2/25/25, 3:23 PM             Minister of Economy: 5% - 6% expected growth of UAE economy in 2025 | Emirates News Agency

        Minister of Economy: 5% - 6% expected growth of UAE economy in 2025

         Wednesday, February 12, 2025 4:08 PM1 minute Reading


























































             Summary     A+


           DUBAI,12th February, 2025 (WAM) – Abdullah bin Touq Al Marri, Minister of Economy, expected the UAE national
           economy to grow by 5 % - 6% in 2025, driven by strong performance in vital sectors like technology, renewable energy,

           trade, financial services, and infrastructure sectors.
           In statements to the Emirates News Agency (WAM) on the sidelines of the second day of the World Governments

           Summit (WGS ) 2025 in Dubai, Al MarrI noted that the UAE’s GDP growth averaged 4.8% between 2021 and 2024,
           while non-oil GDP growth averaged 6.2%. Additionally, the contribution of non-oil sectors reached 75% of the national
           economy's GDP, reinforcing progress toward achieving the goals of the "We the UAE 2031" vision.

           He highlighted that continued growth is a clear indication of the national economy's ability to sustain high and
           sustainable expansion compared to advanced economies. He further stated that the UAE has a clear economic
           strategy that includes the circular economy, the space economy, and emerging economic sectors, in addition to

           exploring new economic blocs, forming partnerships, and attracting foreign investments.




      https://www.wam.ae/en/article/bi5yv5o-minister-economy-expected-growth-uae-national                        1/2
   728   729   730   731   732   733   734   735   736   737   738