Posted inEconomyNews

UAE projects 5-6% economic growth in 2025, driven by non-oil sectors

Al Marri noted that between 2021 and 2024, the UAE’s GDP grew at an average rate of 4.8%.

Dubai. Credit: Pexels

Abdullah bin Touq Al Marri, the UAE’s Minister of Economy, forecasts the national economy to expand by 5% to 6% in 2025, propelled by sectors such as technology, renewable energy, trade, financial services, and infrastructure.

Speaking at the World Government Summit 2025 in Dubai, Al Marri noted that between 2021 and 2024, the UAE’s GDP grew at an average rate of 4.8%, with non-oil GDP averaging 6.2% growth. Non-oil sectors now contribute 75% to the national GDP, aligning with the “We the UAE 2031” vision.

Al Marri emphasised the UAE’s economic strategy, which includes the circular economy, space economy, and emerging sectors, alongside forming new economic partnerships and attracting foreign investments. He stated that the UAE’s economy exhibits resilience against global challenges, maintaining sustainable growth through strategies that bolster a knowledge-based, innovative, and technologically advanced economic model.

The International Monetary Fund projects the UAE’s GDP growth to reach 5.1% in 2025, reflecting the country’s robust economic performance.