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3/4/24, 5:24 PM UAE economy to grow by 5% in 2024, minister reiterates
UAE economy to grow by 5% in
2024, minister reiterates
RIYADH: The UAE’s economy is projected to grow by 5 percent in 2024, a leading
member of the government ha s reiterated.
In an interview with Emirates News Agency, also known as WAM, Minister of the
Economy Abdulla bin Touq Al-Marri said that more than 73 percent of the
national economy is now non-oil, a historic rst for the country.
His projection is in line with recent assessments by the Ministry of Finance and
S&P Global, whi ch forecast growth of 5.7 percent and 5 percent, respectively.
“Thi s achi evement re
ects the condence of the private sector and investors
around the world in the UAE’s investment environment,” Al-Marri said.
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