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was followed by manufacturing (15 per cent), financial and insurance activities (12.5 per cent),
construction and building (11.6 per cent) and real estate (7.6 per cent).

Transportation and storage topped the list of the fastest growing economic sectors during the first
half of 2024, with a growth rate of 8.4 per cent, followed by financial and insurance activities (7.6
per cent) and construction and building (7.3 per cent).

Information and communication activities grew 5.3 per cent, while the restaurant and hotels sector
rose 5.1 per cent during the first six months of 2024, driven by “unprecedented activity” in tourism.
Hotel establishments’ revenues rose to more than Dh24.6 billion during the first half of 2024, up 7
per cent annually, with guest numbers rising about 10.5 per cent to 15.3 million, the report said.

Passenger tra ic at Abu Dhabi and Dubai international airports rose by 33.8 per cent and 8 per cent,
respectively, during the January-June period, according to Central Bank data.

For 2025, the regulator expects the country's economy to grow by 6 per cent, while the International
Monetary Fund forecasts expansion of 5.1 per cent.

https://www.msn.com/en-ae/money/news/uae-economy-grows-3-6-in-the-first-half-of-2024-on-
non-oil-boost/ar-AA1wG8mw?ocid=BingNewsSerp