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Majed Al Mesmar: These achievements reflect the UAE’s steady progress towards global leadership.
Hanan Ahli: The results reflect the UAE’s leading position in digital transformation regionally and globally.
The UAE has ranked 9th globally and 1st in the region in the World Digital Competitiveness Report 2025 issued by the International Institute for Management Development (IMD) in Lausanne, Switzerland. The ranking strengthens the UAE’s position among the world’s top 10 digital performers, reaffirming its regional leadership and outperforming several advanced global economies. It also underscores the UAE’s ability to keep pace with rapid technological shifts and to build a fully integrated digital development model driven by innovation, artificial intelligence, and human capital.
His Excellency Eng. Majed Sultan Al Mesmar, Director General of the Telecommunications and Digital Government Regulatory Authority (TDRA) stated that “The UAE ranking 9th globally in the 2025 Digital Competitiveness Report is a testament to the efficiency of its digital ecosystem and the maturity of its technological infrastructure across both government and economic sectors. It further highlights the UAE’s position as a global role model in building a comprehensive, resilient, and secure digital infrastructure capable of accelerating innovation and promoting the UAE’s economic competitiveness.”
“In our view, this is the result of the integrated institutional collaboration between public and private sector entities working together to enhance digital performance and sustain progress. This achievement reflects the UAE’s steadfast path toward global leadership, where digital transformation has become a national way of life; enhancing wellbeing and driving sustainable economic growth,” H.E. added.
Hanan Ahli: Results reflect the UAE’s forward-looking vision
Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that the UAE’s ratings in the World Digital Competitiveness Report highlight the exceptional progress in digital transformation both regionally and globally. “The UAE’s success reflects the effectiveness of national strategies and policies aimed at building a sustainable, knowledge-based economy by empowering national talents, enhancing technical skills, and preparing future generations to thrive in the digital era,” H.E. noted. “These results further strengthen the UAE’s position as a leading global model in digital transformation, fostering a knowledge-driven environment, creatingsustainable opportunities for future generations andbuilding a society grounded in innovation, knowledgeand future sciences,” she added.
Global Leadership in Key Indicators
The UAE ranked 1st globally in key indicators, including internet usage, high-speed connectivity, venture capital availability, public-private partnerships, and digital skills. It also ranked 1st globally in attracting international students and global expertise. In addition, the UAE ranked among the world’s top 5 in 15 indicators and top 10 in 22 indicators, reflecting the depth and inclusiveness of its digital advancement across all sectors.
Sustained Growth in Digital Competitiveness
“The report revealed that the UAE advanced to 9th place globally, up from 18th in the first edition of the report in 2017, marking a consistent upward trajectory in digital competitiveness and highlighting the maturity of its national digital environment and proactive policy framework.”The UAE also maintained its leading regional position, remaining the only country in the Middle East among the global top 10 in digital competitiveness.
Future-Ready and Tech-Driven
According to the report, the UAE ranked 5th globally in Future Readiness, reflecting its high capacity to adopt emerging technologies and develop advanced digital ecosystems. It also ranked 6th globally in the Technology pillar, supported by robust digital infrastructure and extensive investments in advanced technologies and government digital services. In the Knowledge pillar, the UAE ranked 12th globally, underscoring the strength of its education system and national talent development initiatives.
Despite global economic and geopolitical shifts and disruptions to technology supply chains, the report noted that the UAE successfully sustained its digital momentum; reinforcing its reputation as one of the world’s most resilient and innovation-friendly digital economies.
For the first time, the report included data on artificial intelligence patents and private-sector investments in AI, in which the UAE ranked 1st regionally, reflecting the ambitions of its National AI Strategy 2031 and its commitment to a knowledge-driven, innovation-based economy.
These results align with the UAE’s strategic national visions, including the UAE Centennial 2071, the UAE National Artificial Intelligence Strategy 2031, and the Digital Government Strategy, along with key national initiatives such as 1 Million Arab Coders, Advanced Research Laboratories, and National Talent Upskilling Programs.
A Global Model for Digital Transformation
The UAE’s ongoing development reaffirms its position as a world leader in digital transformation and future economy, embodying the wise leadership’s vision to build a competitive, innovation-driven, and knowledge-based national ecosystem that fosters sustainable growth and empowers future-ready generations.
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Majed Al Mesmar: These achievements reflect the UAE’s steady progress towards global leadership.
Hanan Ahli: The results reflect the UAE’s leading position in digital transformation regionally and globally.
The UAE has ranked 9th globally and 1st in the region in the World Digital Competitiveness Report 2025 issued by the International Institute for Management Development (IMD) in Lausanne, Switzerland. The ranking strengthens the UAE’s position among the world’s top 10 digital performers, reaffirming its regional leadership and outperforming several advanced global economies. It also underscores the UAE’s ability to keep pace with rapid technological shifts and to build a fully integrated digital development model driven by innovation, artificial intelligence, and human capital.
His Excellency Eng. Majed Sultan Al Mesmar, Director General of the Telecommunications and Digital Government Regulatory Authority (TDRA) stated that “The UAE ranking 9th globally in the 2025 Digital Competitiveness Report is a testament to the efficiency of its digital ecosystem and the maturity of its technological infrastructure across both government and economic sectors. It further highlights the UAE’s position as a global role model in building a comprehensive, resilient, and secure digital infrastructure capable of accelerating innovation and promoting the UAE’s economic competitiveness.”
“In our view, this is the result of the integrated institutional collaboration between public and private sector entities working together to enhance digital performance and sustain progress. This achievement reflects the UAE’s steadfast path toward global leadership, where digital transformation has become a national way of life; enhancing wellbeing and driving sustainable economic growth,” H.E. added.
Hanan Ahli: Results reflect the UAE’s forward-looking vision
Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that the UAE’s ratings in the World Digital Competitiveness Report highlight the exceptional progress in digital transformation both regionally and globally. “The UAE’s success reflects the effectiveness of national strategies and policies aimed at building a sustainable, knowledge-based economy by empowering national talents, enhancing technical skills, and preparing future generations to thrive in the digital era,” H.E. noted. “These results further strengthen the UAE’s position as a leading global model in digital transformation, fostering a knowledge-driven environment, creatingsustainable opportunities for future generations andbuilding a society grounded in innovation, knowledgeand future sciences,” she added.
Global Leadership in Key Indicators
The UAE ranked 1st globally in key indicators, including internet usage, high-speed connectivity, venture capital availability, public-private partnerships, and digital skills. It also ranked 1st globally in attracting international students and global expertise. In addition, the UAE ranked among the world’s top 5 in 15 indicators and top 10 in 22 indicators, reflecting the depth and inclusiveness of its digital advancement across all sectors.
Sustained Growth in Digital Competitiveness
“The report revealed that the UAE advanced to 9th place globally, up from 18th in the first edition of the report in 2017, marking a consistent upward trajectory in digital competitiveness and highlighting the maturity of its national digital environment and proactive policy framework.”The UAE also maintained its leading regional position, remaining the only country in the Middle East among the global top 10 in digital competitiveness.
Future-Ready and Tech-Driven
According to the report, the UAE ranked 5th globally in Future Readiness, reflecting its high capacity to adopt emerging technologies and develop advanced digital ecosystems. It also ranked 6th globally in the Technology pillar, supported by robust digital infrastructure and extensive investments in advanced technologies and government digital services. In the Knowledge pillar, the UAE ranked 12th globally, underscoring the strength of its education system and national talent development initiatives.
Despite global economic and geopolitical shifts and disruptions to technology supply chains, the report noted that the UAE successfully sustained its digital momentum; reinforcing its reputation as one of the world’s most resilient and innovation-friendly digital economies.
For the first time, the report included data on artificial intelligence patents and private-sector investments in AI, in which the UAE ranked 1st regionally, reflecting the ambitions of its National AI Strategy 2031 and its commitment to a knowledge-driven, innovation-based economy.
These results align with the UAE’s strategic national visions, including the UAE Centennial 2071, the UAE National Artificial Intelligence Strategy 2031, and the Digital Government Strategy, along with key national initiatives such as 1 Million Arab Coders, Advanced Research Laboratories, and National Talent Upskilling Programs.
A Global Model for Digital Transformation
The UAE’s ongoing development reaffirms its position as a world leader in digital transformation and future economy, embodying the wise leadership’s vision to build a competitive, innovation-driven, and knowledge-based national ecosystem that fosters sustainable growth and empowers future-ready generations.
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UAE – 06 November 2025: The UAE Government has launched the Unified UAE Numbers, the comprehensive national platform dedicated to AI-powered data and statistics aimed at providing accurate, real-time and trusted data to support decision making and drive the UAE’s readiness for future shifts. The launch took place at the UAE Government Annual Meetings 2025.
The Unified UAE Numbers platform is being developed in partnership between the Federal Competitiveness and Statistics Center (FCSC) and the Ministry of Foreign Trade, and in coordination with relevant federal and local entities. The platform will be hosted on the UAE Government Federal Network (FedNet) to ensure maximum security.
The platform is an outcome of the Economic Data Retreat, where extensive discussions focused on strengthening the national statistics system, its governance, and data exchange between entities. It will create a unified, smart national ecosystem that enhances the quality and reliability of national data, driving the UAE’s transformation toward smart statistics.
His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade said: “This day marks our transition from a phase of compiling data to one of managing knowledge. From traditional statistics to smart statistics. This strategic transformation is embodied by the Unified UAE Numbers platform, which opens new horizons for decision makers to harness the power of data to drive development, national economy’s competitiveness and the UAE’s global status.”
His Excellency Al Zeyoudi added: “This platform shows how the UAE’s statistics ecosystem has matured to become capable of providing accurate, trusted and real-time data to help read economic trends and guide policies and investments. Ultimately it will strengthen the UAE’s ability to respond to global shifts and shape the future of vital sectors.”
Her Excellency Maryam bint Ahmed Al Hammadi, Minister of State, General Secretary of the UAE Cabinet and General Supervisor of the Federal Competitiveness and Statistics Centre (FCSC), said: “The launch of the Unified UAE Numbers platform embodies our leadership’s vision for a future government driven by data and AI. This platform represents a major step in the government’s digital transformation, fostering a unified approach and empowering entities to make swift, precise decisions backed by trusted, real-time data.”
Her Excellency Al Hammadi added: “By establishing a smart national statistics infrastructure, we are building a foundation to inform public policy, bolster the UAE’s competitiveness, and accelerate economic growth across all sectors.”
Her Excellency pointed out that the platform is an outcome of the Economic Data Retreat, which brought together 28 national entities in the first phase to establish 380 economic indicators and lay out a unified framework for GDP data, as well as balance of payment and investment.
She highlighted the essential role of data in formulating policy, setting priorities, measuring impact, and monitoring performance, noting that ultimately, this platform ensures that governance is data-driven, thereby strengthening the UAE’s readiness for AI adoption, achieving seamless integration of national databases, and creating an agile regulatory environment that champions both innovation and sustainability.
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- UAE delegation presents results of global efforts supporting inclusive economic growth and calls for stronger international cooperation.
- Private sector investment, policy innovation, and diplomacy highlighted as drivers of sustainable development.
Dubai-New York. 22 July 2025: The UAE presented the results of its global development initiatives supporting SDG8 during its participation in the 2025 UN High-Level Political Forum (HLPF), reaffirming its commitment to promoting inclusive economic growth and decent work worldwide.
Organised by the United Nations Department of Economic and Social Affairs at UN headquarters in New York City, this year’s forum is held under the theme “Advancing sustainable, inclusive, science- and evidence-based solutions for the 2030 Agenda and its Sustainable Development Goals for leaving no one behind.” The UAE’s participation reflects its commitment to a development model rooted in sustainability, opportunity creation, and international partnerships that advance the 2030 Agenda.
Reimagining Economic Growth for People and the Planet
The forum featured a high-impact roundtable titled ‘Beyond 2030: Reimagining Economic Growth for People and Planet’ hosted by the Secretarait of the UAE National Committee on SDGs, the UAE Consulate General in New York, and the UAE-US Business Council.
The session brought together senior UAE officials, including His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of the National Committee on Sustainable Development Goals; His Excellency Mohammed Abdulrahman AlHawi, Undersecretary of the Ministry of Investment; His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers; Lt. Col. Dr. Ahmad Al Zarooni, Director of International Police Representation, Ministry of Interior and Her Excellency Amna Binzaal Almheiri, UAE Consul General in New York.
The discussion focused on mobilising private sector investment to advance sustainable and inclusive growth. Participants also explored solutions to address global skill gaps and reconfigure international trade frameworks to support development.
Furthermore, the UAE delegation hosted two thematic panels. The first, “Economic Diplomacy in Action,” examined how diplomacy can foster economic resilience and stability in alignment with SDG8. The second, “Vision into Action,” explored policy frameworks that support SDG16 on peace, justice, and strong institutions.
Growth Centred on Cooperation and Partnership
H.E. Lootah, said the UAE’s model for economic growth is shaping the future of work and creating opportunities for new generations at home and abroad.
He added that the UAE has succeeded in building a balanced and diversified economic model grounded in inclusiveness and sustainability, positioning the country as a key contributor to continuous development efforts and solutions to current and future challenges in line with the 2030 Agenda and beyond.
H.E. Lootah emphasised that the importance of establishing global consensus around sustainable economic concepts and future work patterns, especially in the context of setting new global development goals beyond 2045 (XDGs). He noted that the UAE delegation’s participation in the 2025 High-Level Political Forum aligns with this goal, aiming to strengthen partnerships and exchange expertise through strategic initiatives led by the Government Experience Exchange Programme, along with contributions from leading national entities driving inclusive and sustainable development globally.
Investment in Impact
H.E. AlHawi, emphasised that the country’s investment approach is centred on strategic partnerships that foster innovation and long-term growth. This approach is focused on delivering measurable outcomes and lasting impact to support inclusive development, expand economic opportunities, and contribute to broader social advancement.
H.E, AlHawi said: “The UAE is a land of opportunity. We empower youth, entrepreneurs, innovators, and researchers. Under the leadership of the UAE government, the Ministry of Investment supports transformative global investment flows – not only to foster innovation, but to cultivate talent, expand opportunity, and drive sustainable development. This vision has become reality, reflecting the UAE’s commitment to building an integrated ecosystem that supports innovation and enables impactful partnerships. Through an agile regulatory framework, we aim to ensure continued private sector growth in line with the nation’s goal of building a resilient, future-ready economy.”
UN High-Level Political Forum
The HLPF on Sustainable Development is the UN’s central platform for reviewing and advancing SDGs. Established in 2012, the forum plays a pivotal role in monitoring national and international progress on the 2030 Agenda.
Participating delegations at HLPF conduct assessments of progress toward the SDGs, with this year’s forum featuring in-depth reviews of five priority goals: SDG3 (ensuring healthy lives and promoting well-being for all at all ages); SDG5 (achieving equality and empowering all women and girls); SDG8 (promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all); SDG14 (conserving and sustainably using the oceans, seas and marine resources for sustainable development); and SDG17 (strengthening and revitalising the Global Partnership for Sustainable Development).
The UAE has reaffirmed its unwavering commitment to supporting international efforts to achieve inclusive and sustainable development, emphasising its dedication to building effective global partnerships that promote stability, accelerate prosperity, and advance the 2030 Sustainable Development Goals (SDGs) and beyond. This vision is guided by principles of international cooperation, future foresight, and a human-centric development approach.
This came at the conclusion of the UAE’s expanded participation in the 2025 High-Level Political Forum (HLPF) on Sustainable Development, organised by the United Nations Department of Economic and Social Affairs (UN DESA) at UN headquarters in New York City. The forum witnessed broad international participation from government representatives, international organisations, and civil society institutions.
The UAE delegation included several government leaders and officials representing the Ministry of Cabinet Affairs; Ministry of Interior; Ministry of Investment; Government Experience Exchange Programme; Secretariat of the National Committee on the SDGs; as well as representatives from the Environment Agency – Abu Dhabi (EAD); Noor Dubai Foundation; and Dubai Chambers.
UAE A Leading Model in Development Cooperation and Global Partnerships
His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of the National Committee on SDGs, affirmed that the UAE has established itself as a leading model in international development cooperation. This model is built on sustaining positive impact, enhancing experience exchange, and developing innovative solutions to address global challenges.
He stated: “At the forum, we showcased pioneering national development initiatives that highlight the importance of strategic partnerships in accelerating the achievement of the SDGs. These included the 2045 XSDGs Report, which outlines development foresight for the next two decades, and the Government Experience Exchange Programme. We also held meetings focused on advancing multilateral cooperation to support the development of innovative solutions across key areas such as health, economic growth, the future of work, biodiversity, and global stability.”
Lootah confirmed that preparations are already underway for the UAE’s 2026 Voluntary National Review, which will assess progress towards the 2030 Agenda. The review underscores the UAE’s firm commitment to transparency and accountability, providing a comprehensive analysis of challenges and opportunities while identifying future development priorities. The process will involve participation from government, private, and civil society sectors to ensure unified efforts, based on the UAE’s ambitious vision for a sustainable and inclusive future driven by innovation, sustainability, and human development.
He also highlighted the UAE’s preparations to host the 2026 United Nations Water Conference taking place in December, which aims to strengthen global action to ensure the sustainable availability of water for all.
Enhancing Collaboration and Joint Action
A statement issued by the UAE delegation reaffirmed the country’s ongoing focus on strengthening international cooperation, knowledge and expertise exchange, and the importance of promoting sustainable practices across climate action, economic, social, and human development. The statement emphasised the UAE’s commitment to joint action to drive balanced growth that prioritises human and environmental protection, ensuring a positive development impact for communities worldwide.
Shaping Tomorrow & Innovative Events
The delegation organised a series of high-profile events that drew significant international interest, including the Sustainable Development Goals Exhibition for 2030 and 2045 at the UN Headquarters under the theme “Shaping Tomorrow: UAE Leadership for a Sustainable Future.” The exhibition served as a global platform to highlight the UAE’s role and raise awareness on the urgency of accelerating sustainable development.
Engagements also included a dedicated international session hosted by the Government Experience Exchange Programme to promote knowledge-sharing and expand partnerships, spanning nearly 50 countries and six international organisations, in support of the UAE’s vision for advancing international cooperation and strategic partnerships.
Report and Foresight Study
As part of its commitment to sharing knowledge, expertise, and valuable data, the UAE launched the 2025 edition of the 2045 XSDGs Report at the forum titled “Envisioning 2045: Inclusive Pathways to Sustainable Development.”
The delegation also presented the results of the latest 2045 XSDGs Global Survey, involving participants from 55 countries across various age groups and academic disciplines. The survey offered key recommendations and comprehensive perspectives on sustainable development for the next 20 years.
In collaboration with the Consulate General of the UAE in New York; Permanent Mission of the United Arab Emirates to the United Nations in New York; and Noor Dubai Foundation, the National Committee on SDGs also hosted a high-level roundtable to explore the role of healthcare innovation in accelerating SDG 3 on Good Health and Well-being. The session highlighted the importance of scaling and expanding access to health innovation worldwide.
Global Councils for SDGs
The delegation presented the UAE’s Global Councils on Sustainable Development Goals, launched during the World Governments Summit 2018. The initiative acts as a dynamic network that brings together decision-makers from government, international organisations, academia, and the private sector to exchange experiences and best practices aimed at accelerating the achievement of the SDGs.
Women’s Empowerment and Child Welfare
The Secretariat of the UAE’s National Committee on SDGs and the Consulate General of the UAE in New York also organised a high-impact session on accelerating innovation to advance gender balance and sustain progress in the post-2030. The discussion focused on closing the digital gender gap, enhancing care and empowerment systems, and promoting women’s leadership roles.
Sustainable Economic Growth
The UAE delegation hosted a high-level roundtable titled “Beyond 2030: Reimagining Economic Growth for People and Planet,” exploring new dimensions of growth beyond traditional metrics and market indicators.
Two key sessions were also held, addressing the role of economic diplomacy in promoting global and societal stability and the integration of social and economic development priorities.
The Ministry of Interior shared impactful results from its cross-border collaborations aimed at enhancing environmental sustainability, most notably operation “Green Shield”; a joint effort between the UAE, Brazil, Peru, Colombia, and Ecuador to preserve the Amazon Basin’s biodiversity in Latin America.
Driving the SDGs Through Partnerships
The delegation led several high-level sessions focused on accelerating SDG implementation through partnerships and held approximately 48 bilateral and multilateral meetings with organisations, institutions, global programmes, and government representatives to reinforce international cooperation for inclusive development.
The UAE also participated in the Science Day, held as part of the HLPF on Sustainable Development.
The UN High-Level Political Forum
The HLPF on Sustainable Development serves as the United Nations’ central platform for topics related to sustainable development. Since its establishment in 2012, the forum plays a pivotal role in monitoring national and international progress on the 2030 Agenda.
H.E. Abdulla bin Touq Al Marri: Under the wise leadership’s vision, the UAE has built an innovative economic model based on global best practices. The continuous growth of the national economy reflects the success of the UAE’s economic diversification policies.
We remain committed to achieving the goals of “We the UAE 2031”, aiming to expand the UAE’s GDP to AED 3 trillion by the next decade and securing the UAE’s position as a global hub for new economy.
Hanan Ahli: The UAE’s robust economic performance is backed by a clear future-oriented vision focused on sustainable economic growth.
Additional Subtitles:
• UAE’s real GDP reaches AED 1.322 trillion
• Non-oil GDP reaches AED 987 billion
• Contribution of non-oil sectors to real GDP is 74.6%
• Top-growing sectors: Transport, construction, finance, government, and hospitality
• Leading contributors to non-oil GDP: Trade, manufacturing, finance, construction, and real estate
• Nominal GDP reaches AED 1.486 trillion (6% growth)
• Nominal non-oil GDP reaches AED 1.136 trillion (6.6% growth)
The UAE has recorded significant growth in its real GDP by 3.8%, reaching AED 1.322 trillion in the first nine months of 2024, compared to the same period in 2023. Meanwhile, non-oil GDP expanded by 4.5% to AED 987 billion, accounting for 74.6% of total real GDP, while oil-related activities accounted for 25.4%.
Commenting on this performance, H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the UAE’s sustained economic growth is a testament to the success of its policies and strategies aimed at enhancing economic diversification, streamlining business operations, and driving the expansion of new economy sectors as key drivers of sustainable economic and social development. He highlighted that, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the UAE has built an agile and globally competitive economic model capable of adapting to global challenges and rapid changes.
“The UAE continues to increase the contribution of non-oil sectors to the national economy by developing flexible economic legislation, enhancing global trade openness, and building strategic partnerships with key international markets. These efforts align with the “We the UAE 2031” vision, which aims to grow the UAE’s GDP to AED 3 trillion within the next decade and secure its position as a global economic hub,” H.E. bin Touq added.
Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated: “The UAE’s GDP growth over the past nine months reflects our strong economic performance and future-driven vision focused on sustainable economic expansion, led by non-oil sectors.”
“Economic diversification remains a key pillar of the UAE national strategy, ensuring long-term growth in the economy and in key economic and development indicators,” she emphasized.
Top-Growing Economic Sectors
During the first nine months of 2024, the UAE’s fastest-growing economic sectors showcased remarkable expansion compared to the same period in 2023. The transport and storage sector experienced a significant growth of 7.9%, largely driven by a surge in passenger traffic at UAE airports, which welcomed over 103 million travelers, marking a 20% increase. Similarly, the construction and building sector expanded by 7.4%, fueled by substantial investments in large-scale urban infrastructure projects. The financial and insurance sector also saw steady growth, rising by 6.8%, while government activities expanded by 5.0%. Additionally, the hospitality and restaurant sector recorded a 4.9% increase, reflecting the continued momentum in the tourism industry.
When examining the key contributors to non-oil GDP, trade emerged as the largest sector, accounting for 16.5% of total non-oil economic output. Following closely behind, manufacturing contributed 15.1%, underscoring the UAE’s industrial strength. The financial and insurance sector played a crucial role, making up 12.1% of non-oil GDP, while construction and building activities contributed 11.7%, and the real estate accounted for 7.6%.
Overall, the UAE’s nominal GDP reached AED 1.486 trillion during the first nine months of 2024, reflecting an impressive 6% year-on-year growth. The nominal non-oil GDP also grew significantly, reaching AED 1.136 trillion, with a 6.6% increase. Notably, non-oil sectors contributed 76.5% to the total GDP, further highlighting the UAE’s progress in economic diversification and sustainable growth.
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