Page 229 - MOE ENGLISH PR REPORT - DECEMBER 2024

1/2/25, 5:45 PM UAE's GDP grows by 3.6 per cent in the first half of 2024 : GoDubai.com
The restaurants and hotels sector secured the fifth spot, achieving 5.1 per cent growth in the first half of 2024, fueled
by exceptional tourism activity across the country. Hotel revenues exceeded AED 24.6 billion during this period,
registering a 7 per cent increase, while the total number of hotel guests across the UAE's seven emirates reached

around 15.3 million, representing a 10.5 per cent growth.

Key Contributors to Non-Oil GDP

Trade activities emerged as the largest contributor to the UAE's non-oil GDP, accounting for 16.5 per cent, followed
by manufacturing at 15 per cent. Financial and insurance activities took third place with a 12.5 per cent contribution,
while construction accounted for 11.6 per cent. Real estate activities ranked fifth, contributing 7.6 per cent.

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