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DATA FOR A BETTER FUTURE
The UN Statistical Commission has selected the UAE to join the Advisory Board on the Fundamental Principles of Official Statistics, marking a significant milestone, the first of its kind in the region. The selection reflects growing global confidence in the UAE’s leadership in developing statistical systems and strengthening data governance at the international level.
The UAE’s selection to the Advisory Board was announced during the country’s participation in the 57th session of the United Nations Statistical Commission, held in New York from 3–6 March. The event represents the world’s largest international gathering of experts in statistics and data science, bringing together heads and directors of national statistical offices and data authorities from around the world, alongside academics, experts, and advisors from UN bodies and international organizations.
The UAE’s membership on the Advisory Board marks a significant milestone in its global leadership, particularly as it follows the country’s election to the United Nations Statistical Commission for the 2025–2028 term, making it the only Arab country currently serving on the Commission in a historic first since the Commission’s establishment in 1946.
The UAE delegation included government leaders from the Federal Competitiveness and Statistics Centre (FCSC), the Sharjah Department of Statistics and Community Development, and the UAE’s National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee.
International Expertise and a UN Governance Mechanism
The Advisory Board, established in line with the outcomes of the previous session of the UN Statistical Commission, is a high-level UN mechanism dedicated to reinforcing global commitment to the Fundamental Principles of Official Statistics. It aims to enhance the reliability, transparency, and independence of data amid the rapidly evolving global data ecosystem.
The Board brings together a distinguished group of international experts and specialists in official statistics, including five members from the United Nations Statistical Commission who serve on the Board throughout their Commission membership. This structure ensures a direct institutional connection to UN decision-making mechanisms and strengthens integration between technical and strategic levels.
The Board’s priorities focus on institutionalizing the Fundamental Principles as a reference framework for national statistical systems and promoting their adoption through high-level international strategic dialogue. It also supports the readiness of national systems to adapt to digital transformation, including the management of big data, the use of AI technologies, and the enhancement of data source interoperability. In addition, the Board contributes to the development of future statistical standards and practices, reinforcing global trust in official statistics and keeping pace with the evolution of the international data landscape.
Hanan Ahli: A More Integrated, Resilient, and Future-Ready Global Statistical System
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), welcomed the UAE’s selection to the Advisory Board, affirming that the UAE Government will leverage its membership to support the practical implementation of the Fundamental Principles of Official Statistics.
She noted that the UAE will share its expertise in data harmonization and enhancing the quality of official statistics, while contributing to the development of governance frameworks that keep pace with digital transformation and ensure responsible and secure use of technology. She also emphasized strengthening collaboration and capacity-building through knowledge exchange, contributing to the establishment of a more integrated, resilient, and future-ready global statistical system that supports sustainable development priorities.
H.E. added that the UAE’s participation in the 57th session of the United Nations Statistical Commission, during its membership for the 2025–2028 term, reflects the country’s commitment to advancing a national statistical system built on reliability, governance, and integration. She highlighted the importance of transforming official statistics into a strategic enabler for policymaking, improving wellbeing, supporting sustainable growth, and strengthening data integration among relevant entities to enhance national indicators and support evidence-based policies.
She stated: “The UAE’s membership in the United Nations Statistical Commission represents a strategic milestone in the development of the national statistical work. We are working to move from data production to maximizing its impact in strategic foresight through an integrated statistical system built on governance, transparency, and advanced technologies; enhancing competitiveness, supporting sustainability, and reinforcing the UAE’s position as a trusted international partner in developing the global statistical system.”
Active Participation and Distinguished Presence
During the meetings, the UAE delegation participated in several discussions and contributions addressing key statistical topics on the Commission’s agenda. These included the development of international statistical frameworks, updates to methodologies related to national accounts, social, demographic and health statistics, environmental and agricultural statistics, as well as business and trade statistics.
Discussions also covered data governance, the greater use of advanced technologies and artificial intelligence in statistical work, and strengthening the measurement of progress towards achieving the Sustainable Development Goals.
The UAE delegation emphasized the strategic importance of data governance in ensuring data quality, security, and usability, particularly in light of the growing reliance on non-traditional data sources and emerging technologies. The delegation also welcomed continued technical cooperation and knowledge exchange with international and regional partners to enhance the reliability of national statistics and their comparability at the international level.
These efforts also contribute to developing global databases and strengthening coordination and effective governance through the work programs of technical teams, supporting coherent and integrated implementation at both national and international levels.
It is worth noting that the United Nations Statistical Commission, established in 1946, is the highest international body responsible for developing the global statistical system. It plays a central role in decision-making related to statistical work, developing international statistical standards, supporting statistical systems in member states, and coordinating statistical activities among countries and international organizations. The Commission comprises 24 members elected by the United Nations Economic and Social Council, representing different regions of the world.
His Excellency Abdulla bin Touq Al Marri, Minister of Economy and Tourism, announced that the UAE’s GDP grew by 5.1% during the first 9 months of 2025, as compared to the same period in 2024, reaching approximately AED 1.4 trillion. His Excellency emphasized that this growth reflects the success of the UAE’s economic policies, driven by the vision and direction of the wise leadership, further reaffirming the UAE’s position as a leading global economic power and an attractive destination for business and investment.
“These positive results, issued by the Federal Competitiveness and Statistics Centre, indicate the achievement of new levels of growth and competitiveness,” H.E. added. “Non-oil GDP recorded a 6.1% growth during the first 9 months of 2025 compared to the same period in 2024, exceeding AED 1 trillion in value. This reflects the continued development of the UAE’s economic model, built on diversification, knowledge, innovation, and the development of a robust and competitive legislative and economic environment,” he noted.
H.E. the Minister stated that: “These results shed light on the strong performance of non-oil sectors and their pivotal role in achieving the economic objectives of the ‘We the UAE 2031’ vision, which aims to double the country’s GDP to AED 3 trillion and position the UAE as a leading global hub for the new economy over the next decade.”
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that GDP indicators for the first 9 months of 2025 reflect the advancement the national economy has reached, driven by integrated government policies and the efficiency of the national data and statistics ecosystem.
“This strong performance reflects the competitiveness of the UAE’s economic model based on diversification, innovation, and investment in human capital, reinforced by policy integration and strategic planning supported by accurate and reliable statistics,” she said.
She further noted that the continuous development of the national statistical system, alongside the use of advanced technologies and artificial intelligence in analyzing economic indicators, has enhanced policy efficiency and promoted the UAE’s ability to achieve its development objectives.
Fastest-Growing Sectors Drive Economic Transformation
Results from the FCSC showcased the UAE’s success in consolidating a balanced and sustainable economic model based on diversification, productivity enhancement, and increasing value-added across vital sectors. This performance reflects the resilience of the UAE’s economic foundations and its capacity to sustain growth amid global economic shifts and challenges, supported by resilient economic policies, advanced infrastructure, and a competitive legislative ecosystem.
The finance and insurance sector recorded the highest growth rate during the first 9 months of 2025 compared to the same period last year, achieving 9% growth. It was followed by the construction sector at 8.7%, real estate at 7.9%, and manufacturing industries at 6.9%.
In terms of sectoral contribution to non-oil GDP, the trade sector ranked first with a 16.1% share, followed by manufacturing industries at 13.9%, finance and insurance at 13.5%, construction at 11.9%, and real estate activities at 7.9%.
UAE Leadership Promotes GCC Economic Integration
GCC economies recorded positive economic performance across key sectors during the first 9 months of 2025. The UAE led this advanced performance, reaffirming the effectiveness of the targeted national policies in supporting a diversified and sustainable economic model.
This progress reinforces the UAE’s position as a key driver of regional growth and a trusted international economic partner, contributing to strengthening GCC economic integration and advancing balanced development pathways that promote stability and prosperity across the region.
Officials, experts, and business leaders from the UAE and around the world explored future pathways for sustainable development over the next two decades during the Sustainable Development Goals (SDGs) Forum, organized by the National Committee on Sustainable Development Goals as part of Abu Dhabi Sustainability Week (ADSW).
As part of the program, the Committee, in partnership with the Chief Sustainability Officers (CSO) Network, also convened a roundtable titled “Redefining Sustainability”, which discussed ways to reimagine development beyond 2030 through key themes shaping the coming decade.
The Forum, held under the theme “2030 to 2045: Delivering Now, Designing Tomorrow,” aimed to share insights and ideas that support accelerating progress on the SDGs, shaping the future of development priorities for the next phase, and strengthening partnerships across sectors and their role in achieving sustainable development outcomes.
His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of UAE’s the National Committee on SDGs, underscored the importance of foresight within the comprehensive development framework adopted by the UAE leadership. He noted that foresight plays a pivotal role in strengthening efforts to achieve the SDGs and in designing the future of sustainability to ensure optimal outcomes.
He added that hosting the Forum as part of ADSW highlights the integration of national efforts in shaping the future of sustainable development and reflects the importance of this national platform in bringing together partners concerned with sustainability, its challenges, and future opportunities. He emphasized that the Forum represents an open space for all global partners and parties engaged in designing a sustainable future for generations to come.
Development Driven by Partnerships
His Excellency Eng. Ahmed Al Kaabi, Assistant Undersecretary for Electricity, Water and Future Energy Sector at the Ministry of Energy and Infrastructure, delivered the opening keynote of the Forum, focusing on the UAE’s commitment to accelerating progress towards the SDGs, strengthening national and global partnerships, and mapping future development pathways.
Al Kaabi stated: “The UAE is committed to achieving the SDGs through building strategic partnerships with relevant stakeholders that translate our ambitions into tangible and effective actions. These efforts support the creation of a sustainable, inclusive, and resilient future from 2030 to 2045 and beyond.”
Environment and Cities
H.E. Dr. Shaikha Salem Al Dhaheri, Secretary General of the Environment Agency – Abu Dhabi (EAD), also delivered a keynote address at the Forum, highlighting the UAE’s leadership in advancing the SDGs through national action and global engagement. She addressed how integrated policies, innovation, and partnerships translate global commitments into measurable impact.
Dr. Al Dhaheri discussed environmental and urban themes, noting that environmental resilience in cities is achieved through the integration of technology and nature into a single, cohesive system. She stated that during ADSW 2026, Abu Dhabi is leading an integrated approach that connects marine ecosystems, real-time data, and environmental governance mechanisms, transforming sustainability from policy into tangible, measurable, and scalable impact.
Resilient Systems… Real Results
In a session titled “Resilient Systems… Real Results,” H.E. Dr. Nawal Al Hosany, Permanent Representative of the UAE to the International Renewable Energy Agency (IRENA); Hon. Datuk Dr. Haji Hazland, Deputy Minister of Energy and Environmental Sustainability of Sarawak, Malaysia; and Mohammed Al Shamsi, Chief Climate Change & Sustainability Officer at Dubai Electricity and Water Authority (DEWA), shared insights on the impact of cross-sector integration in delivering meaningful sustainable development outcomes.
The session explored how integrated service delivery across vital systems—such as water, energy, infrastructure, and urban environments—can outperform siloed approaches. Speakers discussed areas for improvement in supporting integration to enhance resilience and results, as well as how digital tools and data platforms are transforming systems.
Connectivity for Sustainability
A session titled “Powering the Nexus” examined the integrated actions required to achieve carbon neutrality. Participants included Badr Al Awadhi, Chief Commercial Officer at UAEV, and Farrukh Shad, Senior Vice President and Head of Sustainability Business for the Middle East, Africa, Asia, and the Pacific at Schneider Electric.
The discussion focused on the critical role of integrated energy and mobility infrastructure in achieving the UAE’s goal of carbon neutrality by 2050. It also addressed translating sustainability visions into scalable infrastructure, initiatives that strengthen public–private partnerships, and solutions to energy and sustainable mobility challenges. The session highlighted emerging technologies such as smart grids, vehicle-to-grid energy transfer, and battery storage, which enable the development of smarter and more resilient sustainability systems.
Sustainable Platforms for Thriving Cities: Towards the Airports of the Future
The Forum also featured a session titled “Sustainable Platforms for Thriving Cities: Towards the Airports of the Future,” with participation from Liviana Sala, Marketing Manager at JCDecaux Middle East; Giacomo Costantini, Senior Operations and Quality Manager at Avolta; Renée Malia, Vice President of Marketing at Lagardère Travel Retail; and Sara Al Abdulla, Senior Manager of Commercial Sustainability at Dubai Airports.
The session examined the role of airports as complex ecosystems connecting people, economies, and cultures in advancing sustainable development. It explored how integrated partnerships can generate innovative solutions that support airport value chains, from responsible consumption and sustainable supply chains to green infrastructure and data-driven operations.
Speakers highlighted the importance of public–private collaboration in accelerating progress, scaling impact, and creating shared value for travelers, businesses, and society. They also discussed the role of commercial partnerships in enhancing environmental and social impact, the importance of leveraging data and technology, and scalable models applicable to global airports.
Transforming Visions into Enablers
In the closing keynote, Berangère Boell-Yousfi, United Nations Resident Coordinator in the UAE, addressed how the visions discussed at the Forum can be transformed into enablers for tangible and scalable impact. She highlighted the role of the UN in leading collective action through global platforms such as the High-Level Political Forum and the UN General Assembly, while shaping resilient, future-ready development pathways.
She emphasized that meaningful and lasting progress is achieved when ambition is matched with execution, when data guides decision-making, and when governments, the private sector, and communities work together with strong commitment and shared purpose.
Redefining Sustainability
In a related context, the National Committee on SDGs, in partnership with the CSO Network, organized high-level dialogue titled “Redefining Sustainability.” Participants discussed ideas and perspectives aimed at reimagining development beyond 2030 through themes that will shape the coming decade.
The meeting sought to reposition sustainability as a driver of competitiveness, a catalyst for investor confidence, and a fundamental factor in long-term value creation. Discussions addressed the evolving roles of sustainability leaders, their contribution to strategic system design, technology integration, and the concept and practices of performance-based sustainability.
Participants examined how sustainability should be redefined through strategies, systems, and partnerships to become a core engine of competitiveness, resilience, and long-term value creation beyond 2030. They also discussed post-2030 development priorities from the perspectives of the UAE, the MENA region, and the global context.
The meeting further highlighted the importance of enhancing cross-sector coordination by bringing together government entities, the private sector, youth representatives, and multilateral partners around shared development pathways. Discussions also addressed the need to develop an updated conceptual framework for sustainability that prioritizes value, aligns with global frameworks, and reflects the UAE’s national priorities, as well as the UAE’s contribution to the United Nations 2030 Sustainable Development Agenda.
During Abu Dhabi Sustainability Week, the Supreme Council for Motherhood and Childhood, in collaboration with the National Committee on the Sustainable Development Goals (SDGs), and in strategic partnership with the United Nations Children’s Fund (UNICEF), launched the “Sustainability Club which is a pioneering national initiative. The launch forms part of the UAE’s ongoing efforts to translate its commitment to empowering younger generations and strengthening their role in achieving the SDGs by 2030.
The initiative aims to empower children and position them as active leaders in raising awareness and implementing community-based activities aligned with the 17 SDGs. Seventeen children have been selected, each representing one of the Goals, and will be equipped with the knowledge and skills needed to lead awareness campaigns and community initiatives within their schools and wider communities. Through this approach, the initiative seeks to embed the concept of sustainability through a child’s perspective into national action.
H.E. Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of the National Committee on the SDGs, stated that the launch of the Sustainability Club reflects the UAE’s approach to investing in people and building capabilities from an early age, positioning children as genuine partners in the nation’s development journey and future-shaping efforts.
H.E. Lootah said: “Empowering children to understand the Sustainable Development Goals and actively contribute to achieving them is a long-term strategic investment that ensures sustainable impact and enhances national readiness for the future. For us, children are not merely beneficiaries of the sustainability agenda; they are leaders who carry its values and translate them into on-the-ground community practices.”
He added: “At the National Committee on the Sustainable Development Goals, we are committed to fostering an enabling environment that empowers children to express themselves, take initiative, and participate meaningfully. This enhances their early awareness of national and global issues. The Sustainability Club stands as a leading national model that reflects the UAE’s commitment to building a conscious, responsible generation capable of contributing effectively to the achievement of the Sustainable Development Goals.”
H.E. Rym Abdulla Al Falasy, Secretary-General of the Supreme Council for Motherhood and Childhood, emphasized that the UAE’s sustainability story has been written by its people, families, and the values passed down across generations. These values, she noted, have become integral to how children are raised, how they frame their questions, and how they envision their country’s future.
She cited the words of the late Sheikh Zayed bin Sultan Al Nahyan: “Future generations will be living in a world that is very different from that to which we are accustomed. It is essential that we prepare ourselves and our children for that new world.”
She added: “Her Highness Sheikha Fatima bint Mubarak, ‘Mother of the Nation,’ Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), consistently directs that children’s wellbeing remain at the core of the development journey. These directives serve as a guiding beacon for the Council’s work, informing every policy review, national consultation, and future framework.”
Al Falasy explained that the Sustainability Club is distinguished by both its simplicity and its ambition. Seventeen children represent the 17 global goals, with each child leading a small initiative within their school or community, transforming ideas into habits, lessons into practices, and responsibility into pride.
“We are not asking children to carry global burdens; rather, we are giving them space to care, to experiment, to express themselves, and to have their voices heard. Sustainability becomes truly meaningful when it is tangible, whether through a child saving water at school, planting a tree with classmates, telling a story about justice, or questioning the importance of waste management. Such actions create real impact and shift the dialogue from conference halls to family dining tables, becoming part of everyday life.”
She concluded by affirming that the Sustainability Club is, at its core, an invitation to empower children to shape the future with their own voices.
In turn, Lana Al Wreikat, UNICEF Director for the GCC stated that the Sustainability Club reflects the UAE’s vision to build an aware generation capable of leading the future with confidence and responsibility. She noted that the Club seeks to empower children to become active contributors, not merely beneficiaries of development by engaging them in sustainability issues such as climate action, social responsibility, and artificial intelligence from an early age. She emphasized that investing in children’s capabilities and values forms the foundation for building more cohesive and innovative societies in the future.
The Sustainability Club:
The Sustainability Club initiative adopts a phased programme that begins with an introductory announcement, followed by preparation and planning, member selection, and comprehensive capacity-building. It then moves into the implementation of social initiatives led by participating children, alongside ongoing follow-up and impact measurement to track progress and outcomes. This structured approach is designed to ensure the sustainability of results and alignment with SDG indicators.
The initiative builds on the UAE’s continued efforts to embed a culture of sustainability, strengthen national and international partnerships, and reinforce its position as a global model for engaging children in advancing the international sustainable development agenda.
In the presence of H.E. Mohammad Al Gergawi, Minister of Cabinet Affairs, the Federal Competitiveness and Statistics Centre (FCSC) signed a strategic MoU with Presight, a company specialized in artificial intelligence and data analytics. The partnership aims to develop the UAE National Data Statistics Platform and enhance national technical and analytical capabilities.
H.E. Mohammad Abdullah Al Gergawi stated that “this new partnership comes within the framework of the UAE’s comprehensive proactive approach and the leadership’s vision for designing the future, by continuing to harness advanced technologies and artificial intelligence to maximize opportunities, align effectively with rapid transformations, and address emerging challenges.”
He added: “This strategic partnership contributes to strengthening the unification of the UAE’s official statistics and supports the transition towards smart statistics and data-driven decision-making. It also advances the development and integration of the national data ecosystem, provides a unified environment for official statistics across the country, ensures the linkage and integration of economic and social data sources, and enables government entities and decision-makers to access accurate, up-to-date, and real-time data that supports strategic planning and public policy formulation, while enhancing the UAE’s global competitiveness.”
H.E. Maryam bint Ahmed Al Hammadi, Minister of State and Secretary-General of the Cabinet, and General Chief of the Federal Competitiveness and Statistics Centre, said: “This partnership with Presight reflects the leadership’s vision of building a future-ready, data- and AI-driven government. It represents a qualitative leap in the transformation of the government sector towards smart statistics and comprehensive integration with data from all relevant entities. It also strengthens the ability of these entities to make swift decisions supported by accurate, reliable, and real-time data, accelerating the national development journey and reinforcing the country’s readiness for future changes.”
H.E. noted that the partnership will contribute to enhancing integration between federal and local entities, unifying national data sources, activating agile governance frameworks that respond to the challenges of the digital era, and opening new horizons for leveraging data in support of sustainable development.
For his part, H.E. Mansoor Al Mansoori, Vice Chairman of Presight and Chair of the Advisory Board, said: “Our partnership with the Federal Competitiveness and Statistics Centre represents direct support for the UAE Government’s efforts to strengthen the national data ecosystem, stemming from Presight’s firm belief in the importance of data as a fundamental enabler of economic and social policymaking and the transition towards a knowledge-based economy grounded in evidence and intelligent analytics.”
He added that Presight’s advanced technical capabilities in analytics and AI tools will contribute to enhancing the integration of national data and transforming it into actionable insights that support government strategies and drive the national economy towards broader horizons of growth and innovation.
The MoU represents a significant step forward in deploying AI solutions and advanced analytics within a unified national framework. This framework ensures the standardization of statistical methodologies and concepts in line with the highest international standards, while strengthening national data governance and security through hosting on the Federal Network (FedNet).
The partnership reflects the UAE’s commitment to strengthening its national statistical infrastructure, as the platform will support the production of official national statistics, including gross domestic products and balance of payments data. It will also enable government entities to analyze economic and social trends with greater accuracy, optimize resource allocation, improve the quality of government services, and enhance transparency. Furthermore, the platform translates the UAE’s shift from fragmented data systems to a unified national ecosystem based on intelligent analytics, supports the adoption of AI in policymaking and future planning, and reinforces the competitiveness of the national economy, consolidating the UAE’s position globally as a model for smart government.
The partnership underscores the importance of the National Data Statistics Platform as a strategic national asset and a unified foundation for joint statistical work across the country, supporting performance monitoring, impact measurement, and the direction of investments and future strategies, while contributing to the achievement of the objectives of the “We the UAE 2031” Vision.
The insurance sector in the UAE continued its positive performance in 2024, recording a 22% growth in total underwritten insurance premiums, reaching AED 65.1 billion, compared to AED 53.4 billion in 2023, according to data from the Federal Competitiveness and Statistics Centre (FCSC) and the Central Bank of the UAE. Data on the country’s insurance sector indicators for 2024 also showed a notable increase in property and liability insurance premiums, which grew by 26.6% to AED 26.3 billion, compared to AED 20.8 billion in 2023. Health insurance premiums rose by 21% to AED 31.3 billion, compared to AED 25.9 billion in 2023, while personal insurance and wealth creation premiums increased by 12% to AED 7.5 billion, up from AED 6.7 billion in 2023.
Total Number of Insurance Policies
According to 2024 statistics, the total number of insurance policies rose to 17.2 million, compared to 15.6 million in 2023, marking a 10% growth. The highest growth rate was recorded in health insurance policies, which saw a record jump of 60%, increasing to 2.2 million policies from 1.4 million in 2023. Meanwhile, the total number of property and liability insurance policies reached 14.6 million, compared to 13.9 million in 2023, registering a 5% growth. The total number of personal insurance and wealth creation policies stood at 305,900, a slight increase from 302,500 in 2023, reflecting a 1% growth.
Technical Provisions
Total technical provisions that insurance companies are required to maintain to meet their financial obligations across all insurance branches rose by 20.9%, reaching AED 92.2 billion in 2024, compared to AED 76.3 billion in 2023. This increase was driven by a 44.9% rise in property and liability insurance provisions, reaching AED 37.6 billion, a 24.1% increase in health insurance provisions to AED 17.0 billion, and a 2.8% rise in personal insurance and wealth creation provisions to AED 37.7 billion in 2024.
Claims Paid
Regarding claims paid, which represent the total amounts disbursed by insurance companies in the UAE to policyholders and beneficiaries during the year for settling insurance claims, statistics indicated a 32% increase in total claims across all insurance branches for both domestic and foreign companies in 2024, reaching AED 41.6 billion. This total comprised AED 28.9 billion paid by national companies and AED 12.7 billion by foreign companies, compared to AED 31.6 billion in 2023, which included AED 21.8 billion paid by national companies and AED 9.8 billion by foreign companies.
This increase was attributed to an 83% rise in claims paid for property and liability insurance, particularly in fire and motor insurance, a 14% increase in health insurance claims paid, and a 26% rise in claims paid for personal insurance and wealth creation policies.
As for incurred claims, which include the total value of claims paid as well as other costs borne by insurance companies during the year, statistics indicate a 45% increase across all insurance branches for both national and foreign companies in 2024, reaching AED 53.3 billion. This total comprised AED 39.1 billion for national companies and AED 14.2 billion for foreign companies, compared to AED 36.6 billion in 2023, which included AED 25.1 billion for national companies and AED 11.5 billion for foreign companies.Invested Assets
Statistics showed an increase in total invested assets in the UAE insurance sector for both national and foreign companies in 2024, representing the total assets held by insurance companies for investment purposes. The total rose by 10% to AED 84.9 billion, comprising AED 48.6 billion for national companies and AED 36.3 billion for foreign companies, compared to AED 77.1 billion in 2023, which included AED 42.1 billion for national companies and AED 35.0 billion for foreign companies. Investments in securities and debt bonds accounted for the largest share of total invested assets at AED 36.3 billion, followed by cash and deposits at AED 25.0 billion. The remaining value was distributed across other categories of invested assets, including real estate investments, loans, and other assets.
AED 929 billion: Gross Domestic Product (GDP) of the national economy
The Federal Competitiveness and Statistics Centre (FCSC) announced that the UAE’s real Gross Domestic Product (GDP) grew by 4.2 in the first half of 2025, reaching AED 929 billion, compared to the same period in 2024. Meanwhile, the non-oil GDP recorded a growth of 5.7%, amounting to AED 720 billion during the same period. Non-oil activities accounted for 77.5% of the UAE’s real GDP, while oil activities contributed 22.5% in the first half of 2025.
H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, affirmed that, under the guidance of the UAE’s wise leadership, the country has adopted a proactive approach that keeps pace with economic developments and trends locally, regionally, and globally. This approach is reflected in the development of competitive economic strategies and legislations, enhancing global economic openness, and creating a business-friendly environment that encourages private sector participation in the growth of non-oil sectors. It also includes the localisation of technology and digital transformation across vital and advanced economic sectors, contributing to positioning the UAE as a pioneering model in economic diversification and supporting its future vision to become a global hub for the new economy by the next decade.
He added: “The positive results achieved by the national economy during the first half of 2025, particularly the 5.7% growth in non-oil GDP, reflects the strength and competitiveness of the UAE’s economic performance and the efficiency of the economic policies implemented by the government. It also underscores the continued progress in reducing dependence on oil, promoting national non-oil industries, and advancing the economic objectives of the We the UAE 2031 vision.”For her part, H.E. Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, affirmed that the strong performance of the UAE’s GDP during the first half of 2025, reaching AED 929billion, reflects the resilience of the national economy and the continued growth momentum driven by non-oil activities such as trade, manufacturing, and construction. She stated: “The rise in the contribution of non-oil sectors to 77.5% confirms the success of the country’s economic diversification policies and its ability to create a flexible and sustainable productive environment based on knowledge and innovation, in line with the UAE’s vision of developing the economy of the future.”
Fastest-Growing Economic Activities
The financial and insurance activities recorded the highest growth among all economic sectorsduring the first half of this year compared to the same period last year, recording an 8.3% increase. This was followed by the construction sector, which grew by 7.9%, the manufacturing sector by 7.0%, and real estate activities by 6.5%.
In terms of contribution to non-oil GDP during the first half of 2025, the trade sector ranked first, accounting for 16.1%, followed by financial and insurance activities at 14.0%, and manufacturing at 13.8%. The construction sector contributed 11.8%, while real estate activities accounted for 7.8%.It is worth noting that the economies of the Gulf Cooperation Council (GCC) countries recorded growth during the first half of 2025, with the UAE achieving the highest growth rates, supported by the strong performance of its non-oil sectors. This reflects the impact of strategic initiatives and policies aimed at enhancing economic diversification in the UAE and contributes to supporting the collective GCC economic trajectory, promoting balanced progress that strengthens economic stability in the region.
General Secretariat of the National Committee on SDGs Launches First Report on Private Sector Sustainability Initiatives in UAE
Dubai, UAE- 18 August 2019
The Secretariat of the National Committee on Sustainable Development Goals launched the first report on private sector initiatives for sustainability in UAE titled "Achieving Sustainable Development Goals in the UAE: Private Sector Contributions." Global Strategy Consulting firm, Oliver Wyman developed the report in partnership with the Private Sector Advisory Council on SDGs (PSAC) founded by the Federal Competitiveness and Statistics Authority (FCSA).
The report sheds a spotlight on the efforts exerted by the National Committee on SDGs to serve as a platform for coordination and partnerships through PSAC. It also focuses on the role of private companies in achieving SDGs by means of sharing ideas and practices on the key opportunities and challenges that companies face in their efforts to implement the UAE Agenda 2030.
The initiatives cover various sectors, including renewable energy, real estate, retail, aviation and land, and sea transport services. These initiatives have contributed to the UAE’s efforts to promote sustainability within the private sector and make progress towards achieving the 2030 global agenda of sustainability.
H.E. Abdullah Lootah, Director General of FCSA and Vice-Chair of the National Committee on SDGs and Chair of the PSAC on SDGs, stated: "At a time of multiple drastic and relentless economic, social and technological changes experienced by the world, the public and private sectors partnerships and the achievement of sustainable progress and prosperity for the society of UAE become essential. Based on the initiatives and experiences presented by the report, the UAE has turned out to be a global role model in the governance of SDGs and harnessing the innovative partnerships between the public and private sectors to achieve them."
The report also reviews notable initiatives adopted by the National Committee on SDGs in UAE. The committee is the government team in charge of implementing the 17 SDGs in the UAE and was formed in January 2017 and chaired by Her Excellency Reem Bint Ebrahim Al Hashimy, Minister of State for International Cooperation. The committee’s members include 17 federal level government authorities who agreed on a road map for the year 2030. The road map focuses on four key stages, including raising awareness, establishing the foundations, developing policies, reporting the progress achieved, and monitoring the performance.
Greg Rung, Partner at Oliver Wyman, stated: "The ongoing cooperation between the UAE government and the private sector is crucial in boosting the country’s efforts to implement the United Nation’s 17 SDGs successfully."
"Oliver Wyman is proud to collaborate with PSAC for producing this report and partner with the entity to support the UAE government in its commitment to successfully achieving a prosperous and sustainable future for all," added Rung.
Members of PSAC have also drafted a consultative framework used as a formal mechanism to engage the private sector in UAE and move forward in achieving UAE Agenda 2030. Additionally, PSAC developed a strategy to engage the youth, to ensure that development is not only for the youth but also for and through them to further promote and increase their positive contributions as agents of change.
H.E. Abdullah Lootah concluded his statement by stating: "Recognizing that the implementation of SDGs could only get ahead by involving all relevant stakeholders from different government and private sectors, we have pooled resources with the Oliver Wyman team to prepare this important report with sights set to shed light on the efforts of the private sector as a strategic partner of the UAE government. I am proud of the commitment of the members of PSAC and their contributions to supporting the sustainability process in UAE, and the dissemination of such UAE experiences to the global community."
The report showcases the most important sustainability initiatives developed by 12 national and international companies operating in UAE, namely: Dubai Holding Company, Careem, Majid Al Futtaim Group, DP World, EMAAR Group, Al Serkal Group, First Abu Dhabi Bank, Emirates Airline, Multinational Companies Business Group, Dubai Free Zones Council and MASDAR Group.
UAE to welcome over 1,500 data experts from around the world in October
Dubai, June 9, 2018
UAE First Regionally and Seventh Globally, According to IMD World Competitiveness Yearbook 20182018
Mohammad Bin Rashid: Our competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks
UAE is number one globally in 23 indicators including “Government Decisions” and “International Talent”
- UAE is the only country in the region to be among the top 10 in the World Competitiveness Yearbook 2018
- UAE maintained its leadership in the region and moved up three ranks from 2017’s position
- UAE moved up 21 positions in 7 years from 2011 till 2018
- Mohammad Bin Rashid: We have the determination, we have the talent, and we have the resources. Being Number One suits our nation
- Mohammad Bin Rashid: UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
Dubai, UAE – 23 May 2018
The United Arab Emirates came in first rank regionally and seventh rank globally in global competitiveness. That is according to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss based Insatiate of Management Development (IMD) that was unveiled today. According to the report, the UAE out-performed advanced economies such as Sweden, Norway and Canada and has jumped 21 ranks between the years 2011 and 2018.
According to the report, the UAE came first globally in various indicators such as “Government Decisions”, “Public-Private Partnerships”, “Employment” and “International Talent”. The UAE also came second globally in “Business Efficiency” factor, and third globally in “Diversification of Economy”, “City Management” indicators, forth in “Energy infrastructure” and “Development and Application of Technology” indicators.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai stated that the UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
His Highness added that UAE’s competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks, stressing that we will continue in the competitiveness race and we will not settling for anything less than being number one globally. His Highness concluded by saying” We have the determination, we have the talent, and we have the resources. Being Number One suits our nation.
Emirati Leadership
The IMD World Competitiveness Yearbook 2018 is comprised of four key factors, 20 sub factors and 340 indicators that cover all the major areas of a nations competitiveness in social, administrative, business economic topics that also include government efficiency, education and innovation. In the Economic Factor, the UAE moved from fifth globally in 2017, to third globally in 2018. It also retained its fourth global rank in the government efficiency factor.
On an indicator level, UAE held a number of advanced position in various indicators such as International Trade (1st globally), Employment (3rd globally), and International Investment (10th globally). UAE also achieved high ranks in a number of indictors such as first globally in Employment as a percentage of population, 3rd globally in Diversification of Economy, 5th globally and Export Growth and 6th globally in Youth Unemployment (lack of). The UAE also achieved number one in Quality of Air Transportation and Public-Private Partnerships. The UAE also came 2nd globally in Cyber Security, 3rd globally in Management of Cities, Maintenance and Development and 4th globally in Energy Infrastructure and Application and Development of Technology.
Government and Business Environment
In the Government Effeminacy factor, UAE maintained its 4th rank globally as well as achieved the No 1 rank globally in eight indicators, such as “Government Decisions”, “Immigration laws”, 2nd globally in “Adaptability of Government Policy” and “Lack of Bureaucracy”, 3rd in “Ease of Doing Business” and 4th globally in “Labor regulations”.
As for the Business Efficiency, UAE kept its 2nd rank globally and achieved the first rank globally in 7 of its indicators such as “Overall productivity”, “Industrial Disputes (Lack of)”, “Labor force percentage of total population”, “International Experience” and “Attitudes Towards Globalization”. UAE also came 2nd globally in “Entrepreneurship”, “Digital Transformation”, “Changing Market Conditions” and “Agility of Companies”. The UAE achieved 3rd globally in “Opportunities and Threats” and 5th globally in Use of big data and analytics.”
Commenting on this year’s performance, Her Excellency Reem bin Ibrahim Al Hashimy, Minister of State of International Corporation and Chairwoman of the Federal Competitiveness and Statistics Authority, said: “Under the guidance and direction of the UAE wise leadership, which is built on the continued and sustainable investment in human development and national talent, adoption of innovation and the non-stop development and improvement for the UAE economy; UAE has proven the effectiveness of its comprehensive developmental strategy that its government entities is implementing.”
“We wish to congratulate the UAE leadership and people for this great achievement and comment the collaborative efforts of all the local and federal government entities that worked hand in hand, in support of UAE international competitiveness and the progress it made this year,” added Her Excellency.
Malik Radwan Al Madani, Director of Competitiveness Strategy Deferment at the FCSA added that “No single entity alone can enhance competitiveness performance. It is the result of a collaborative effort between all the relevant local and federal government entities, through the commitment in the constant improvement of performance, the launch of impactful programs and initiatives that aim to extend services to businesses and individuals, thus, moving the nation’s competitiveness scale and contributing to the countries journey to become one of the best countries in the world by the year 2021.”
Global Rankings
In an analysis prepared by the Competitiveness Strategy at the FCSA showed that this year’s top 10 position was highlighted by extensive movement between competing economies. Most prominently, was the United States of America taking over Hong Kong as the Number 1 most competitive country. Hong Kong moved to 2nd followed by Singapore which moved up to number 3. The Netherlands captured the 4th place moving ahead of Switzerland that moved back to 5th and Denmark to the 6th place. UAE moved up to 7th place ahead of Norway, 8th, Sweden 9th and Canada 10th.
The IMD World Competitiveness Center, a research group at IMD business school in Switzerland, has published the rankings every year since 1989. This year 63 countries are ranked.
Al Mheiri: Data is key for UAE’s Future Food Security Strategy
Dubai, UAE, 28 February 2018
During her tour of the headquarters of Federal Competitiveness and Statistics Authority (FCSA), H.E. Maryam bint Mohammed Saeed Al Mheiri, Minister of State for Future Food Security underscored the importance of cooperation and identifying areas of collaboration between the two entities. The minister met with FCSA team and was briefed on the authority’s mandate and scope of responsibilities in managing global UAE competitiveness efforts, statistics and data portfolio and the realization of sustainable development goals.
Additionally, FCSA Team presented an overview of statistical indicators related to food security and discussed strategic aspects of statistical work, means of collecting data and making it accessible to stakeholders, particularly joint projects between FCSA and government entities, as well as the private sector.
During the meeting, the minister indicated the importance of collaboration with FCSA on the Minister’s initiatives and future projects, as well as FCSA’s role in supporting such programs through FCSA’s expertise in both statistics and competitiveness.
H.E. Al Mheiri said that she looks forward to further cooperation and future joint projects with the FCSA, specifically taking advantage of the entity’s expertise in the field of researches and knowledge products to support UAE’s Future Food Security portfolio.
H.E. Abdullah Nasser Lootah, FCSA Director General, said: “FCSA is keen to support federal and local government authorities in the field of statistics, data and global competitiveness ranking. FCSA’s expertise and competencies are all set to be at the disposal of H.E. the Minister and her team with the aim to achieve the desired goals and support UAE’s strategy to achieve food security,” he emphasized.
Following the meeting, Al Mheiri was taken on a tour of FCSA office and was briefed on the services and facilities highlighting the distinctive architectural design of FCSA headquarters and its impact on employees, inducing a creative work environment that stimulates productivity and innovation.
- Partnerships that enhance competitiveness and commercial rule of law will underpin investment opportunities in Dubai and UAE
- Business environment and investors power reflect positively on UAE’s rank in competitiveness reports
Dubai, UAE- 26 February 2018
Mark Beer, OBE, Chief Executive of the Dispute Resolution Authority (DRA) at Dubai International Financial Centre (DIFC) and an accompanying delegation of senior executives, consultants and financial analysts, visited the FCSA to discuss mutual areas of cooperation between the two entities.
Both teams discussed various topics related to the investment environment in UAE, attending to investors’ interests and attracting development projects that contribute to the sustainability of UAE economic sectors.
“We are glad to have had the opportunity to understand FCSA’s role in boosting its competitiveness in global reports and indicators”, said Mr. Beer. He also hailed FCSA’s interest in collaborating with stakeholders who can influence UAE’s ranking and performance in competitiveness reports, and all the current effort being exerted to maintain an attractive investment environment in the UAE.
“In addition to contributing to UAE’s future plans to become a knowledge-based economy, it is very important that investors have access to accurate data and statistics that reflect market conditions”, said Mr. Beer.
H.E. Abdullah Nasser Lootah, FCSA Director General, addressed the visiting delegation by underlining that the meeting was fruitful and valuable while stressing the importance of partnerships and cooperation in issues of mutual interest.
He also featured the role of the DRA in protecting investors. He affirmed: “Indeed, the DRA is keen to attend to the interests of the investment environment in the Emirate of Dubai and the implications of such an environment on the financial sector in UAE as a whole, which could reflect positively on the country’s performance in global competitiveness rankings.”
Noteworthy, FCSA is so dedicated to promoting joint cooperation with various authorities and institutions in both public and private sectors. By the end of 2017, FCSA hosted more than 60 official delegations and visits at its headquarters, that is receiving more than one official visit per week from various local and out of the country entities. Indeed, FCSA believes in the importance of participatory work aiming at achieving joint interests and future visions for a knowledge-based society which is supported by accurate and transparent statistics and data based on innovation.
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