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3/4/24, 5:24 PM Investopia 2024: UAE GDP likely to grow by 5%, says minister
Investopia 2024: UAE economy likely to grow by 5% in 2024, says minister
73 percent of the national economy is now non-oil, a historic first, says the

minister

Abdullah bin Touq Al Marri, UAE Minister of Economy
The UAE’s economy is likely to grow by 5 percent in 2024, Abdullah bin Touq Al

Marri, Minister of Economy, said on Tuesday ahead of the Investopia 2024
conference.
The minister pointed out that more than 73 percent of the national economy is now
non-oil, a historic first for the country.

“This achievement reflects the confidence of the private sector and investors around
the world in the UAE’s investment environment,” he said.
He made the statements on the occasion of the third annual conference of Investopia,

the global investment platform launched by the UAE government in September 2021.
Investopia 2024 will take place on 28th and 29th February in Abu Dhabi under the
theme ‘Emerging Economic Frontiers: Investing in the New Economy Growth
Sectors’.

“The private sector is a key pillar in the new economic and investment landscape,” he
said. “It is at the heart of global changes and challenges.”
The minister’s projection is in line with that of a prominent rating agency last month.

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