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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  con„dence of the private sector and investors
            around the  world in the  UAE’s investment environment,” Al-Marri said.   









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