Emirati economy grows 5.3 percent in non-oil businesses

Minister of Higher Education Outlines Comprehensive Reform Vision for Universities and Scientific Research

Minister of Higher Education and Scientific Research Dr. Amin Numan has outlined a comprehensive reform vision aimed at developing Yemen’s higher education and scientific research sector and guiding the ministry’s work in the coming phase.

OCHA: Regional Escalation Directly Impacting Humanitarian Conditions in Gaza and the West Bank

United Nations Office for the Coordination of Humanitarian Affairs has warned that ongoing regional escalation is directly worsening the humanitarian situation in Gaza and the West Bank.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/09 Time 07:58:56
Latest News:

Local Administration Minister Stresses Importance of Coordination with Taiz Authority

Report Documents Over 5,834 Houthi Violations Against Women in Yemen

Minister of Communications Discusses Latest Developments in Yemen with Director of UN Envoy’s Office

Masam Removes 1,263 Mines, Unexploded Ordnance in One Week

Minister of Planning Chairs Consultation Session with World Bank on New Country Partnership Framework ..

Emirati economy grows 5.3 percent in non-oil businesses

[07/09/2025 11:55]

ABU DHABI-SABA
The real GDP of the United Arab Emirates (UAE) recorded a growth of 3.9 percent, reaching 455 billion dirhams in the first quarter of 2025, compared to the same period in 2024.

The non-oil GDP achieved a growth of 5.3 percent, amounting to 352 billion dirhams, while oil businesses contributed 22.7 percent in the first quarter of 2025.

The Minister of Economy and Tourism Abdullah al Mari told the Emirates News Agency (WAM) that the initial estimates issued by the Federal Competitiveness and Statistics Center about the economic performance in the country during the first quarter of 2025 confirm the robustness and resilience of the national economy and its ability to continue its extraordinary growth trajectory.

He noted that the contribution of non-oil economic activities to real GDP has reached a new record level, as it stood at 77.3 percent for the first time in the nation's history, reflecting the momentum of economic diversification that the UAE enjoys.

It also confirms the effectiveness of national policies and strategies aimed at building an economic model based on knowledge and innovation, in line with the objectives of the (We are the UAE 2031) vision, which aims to raise the country's GDP to 3 trillion dirhams by the next decade, the Minister noted.

Manufacturing activities outperformed other economic activities in terms of growth rate during the first quarter of this year compared to the same period last year, witnessing a growth of 7.7 percent, followed by the finance and insurance sectors and the construction and building sector, which achieved a growth of 7.0 percent. Meanwhile, real estate activities grew 6.6 percent, and trade activities grew by 3.0 percent.

The trade sector ranked first with a contribution rate of 15.6%, followed by the finance and insurance sector in second place with a contribution of 14.6%, then the manufacturing industries at 13.4%.

The contribution of the construction sector was 12.0%, and the real estate activities contributed 7.4%.