Wed 12 Feb 2025
UAE Economy Poised for 6% Growth in 2025, Driven by Key Sectors: Minister
The UAE’s national economy is projected to grow by 5 to 6 percent in 2025, fueled by strong performance in technology, renewable energy, trade, financial services, and infrastructure, according to Abdullah bin Touq Al Marri, Minister of Economy.
Speaking on the second day of the World Government Summit (WGS) 2025 in Dubai, Al Marri highlighted the UAE’s consistent economic expansion, with GDP growth averaging 4.8 percent between 2021 and 2024, while the non-oil sector saw an average growth rate of 6.2 percent during the same period. He also noted that non-oil sectors now contribute 75 percent of the country’s GDP, reflecting the UAE’s ongoing progress toward the “We the UAE 2031” vision.
A Resilient and Diversified Economy
The minister emphasized that the UAE’s sustained growth demonstrates its ability to maintain high economic expansion rates compared to advanced economies. He credited the country’s strategic economic vision, which includes circular economy initiatives, space economy advancements, and emerging sectors, alongside expanding trade partnerships and attracting foreign investments.
Al Marri reaffirmed that, under the UAE leadership’s vision and directives, the nation’s economy remains highly resilient and robust, capable of withstanding global challenges while sustaining long-term growth. This is supported by clear economic strategies focused on knowledge, innovation, and advanced technology, ensuring the UAE continues to strengthen its new economic model for the future.