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5/10/24, 1:13 PM Top industry visionaries honored at Economy Middle East Summit
Top industry visionaries and achievers honored at Economy Middle East Summit in Abu Dhabi
Organisations across key sectors receive recognition for leadership in an ever-evolving economy
Joe Chidiac, CEO and publisher of Economy Middle East, addresses a packed auditorium at the start of the Economy Middle East Summit in
Abu Dhabi
Top industry leaders and visionaries were honored at the recently held Economy Middle East Summit at Abu
Dhabi Global Market on May 1.
Encompassing sectors such as economy, technology, finance, fintech, telecom and education, the plaques of
recognition recognised the pioneering work done by the companies and organisations in their respective fields.
A key criterion for the honorees was not just business achievement, but also the impact these organisations have
had on the economy, the consumers, and the environment.
Read: Economy Middle East Summit 2024 highlights growth prospects in the MENA region
As the UAE and the wider GCC region push ahead with economic diversification, it has become important to
honor partners leading this change in the face of new global realities.
The honors are as follows:
Fastest Growing Economy: Abu Dhabi Department of Economic Development
Abu Dhabi Department of Economic Development (ADDED) has been instrumental in leading the emirate’s
economy through global market fluctuations, with special focus on boosting the non-oil sector.
In 2023, Abu Dhabi’s economy has not only weathered global uncertainties but also flourished, setting an
unprecedented decade-high GDP of AED1.14 trillion.
The economy’s boom is particularly notable in the non-oil sector, which surged by 9.1 percent, alongside an
overall real GDP growth of 3.1 percent.
This economic triumph is also mirrored in the burgeoning private sector, which has expanded by an astonishing
35 percent over the past eight years, and is now valued at AED339 billion.
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