UAE economy set for 5-6% growth in 2025, says minister

Wednesday, 12 February 2025 17:35

By ARN News Staff

Abdullah bin Touq Al Marri, the UAE's Minister of Economy, has forecast a 5 to 6% growth for the national economy in 2025.

Speaking to the Emirates News Agency (WAM) on the sidelines of the World Governments Summit in Dubai, Al Marri said that the growth will be driven by strong performance in key sectors such as technology, renewable energy, trade, financial services and infrastructure.

He revealed that the UAE’s GDP grew by an average of 4.8% between 2021 and 2024, with non-oil GDP growth averaging 6.2%.

Al Marrri also noted that non-oil sectors now contribute 75% of the country’s GDP, aligning with the "We the UAE 2031" vision.

The minister emphasised that the nation’s continued growth showcases its ability to maintain high and sustainable expansion, surpassing even some advanced economies.

He also outlined the UAE’s strategic focus on the circular economy, space economy, and emerging sectors, as well as efforts to build new economic alliances and attract foreign investments.

Minister of Economy: 5% - 6% expected growth of #UAE economy in 2025#WGS25
#WamNews https://t.co/bERbPlKhgQ pic.twitter.com/9l7uTnFZID
— WAM English (@WAMNEWS_ENG) February 12, 2025

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