DUBAI: The UAE economy is set to grow by 5%-6% in 2025, driven by strong performance across key sectors such as technology, renewable energy, trade, financial services, and infrastructure, according to Minister of Economy Abdullah bin Touq Al Marri.
Speaking at the World Governments Summit (WGS) 2025, Al Marri noted that the UAE economy growth has been steady, with GDP averaging 4.8% from 2021 to 2024. Non-oil GDP has seen even stronger growth, averaging 6.2%, with non-oil sectors now contributing 75% to the country’s GDP. This shift aligns with the “We the UAE 2031” vision, which aims to diversify the economy and reduce dependence on oil.
Al Marri highlighted the UAE’s resilience in overcoming global economic challenges, citing its clear economic strategy, which includes circular and space economies, investment in emerging sectors, and forming global partnerships to attract foreign investments. These efforts are crucial in maintaining the UAE’s competitive edge and sustaining high economic expansion.
He emphasised that the UAE economy growth is built on a model driven by knowledge, innovation, and advanced technology. This approach ensures long-term sustainability and strengthens the country’s position as a global economic hub.
With its strong leadership vision, strategic investments, and business-friendly environment, the UAE remains an attractive destination for investors looking to capitalise on its dynamic and rapidly evolving market. The expected growth rate of 5%-6% in 2025 reflects confidence in the nation’s ability to sustain economic progress.
