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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.
- The event included 20 workshops in English and French discussing the World Bank’s Ease of Doing Business Report.
- Bilateral meetings brought the Federal Competitiveness and Statistics Authority with high-profile visitors to explore partnership opportunities.
- Participating Ministers were gifted copies of ‘My Story’, the book authored by H.H. Sheikh Mohammed bin Rashid Al Maktoum.
Dubai, December 16, 2019
The third Doing Business Technical Deep Dive has concluded its activities in Dubai, hosted over the course of four days by the Federal Competitiveness and Statistics Authority (FCSA) in coordination with the UAE Ministry of Finance.
The event focused on the Ease of Doing Business Report, published by the World Bank Group. It brought together more than 350 economics experts from over 45 countries in the region and the world, covering Sub-Saharan Africa, the Middle East and North Africa (MENA), and Asia.
FCSA Director General and head of the event’s organising committee His Excellency Abdulla Nasser Lootah delivered a closing speech, saying: “We were delighted to host the World Bank team and all participating delegations, ministers, lawmakers, and economists. The event included panel discussions and in-depth debate, where attendees exchanged expertise and best practices in the ease of doing business sector, strengthening efforts to enhance investment and business environments in participating economies.”
Lootah thanked partners from federal and local government entities in the UAE, as well as the private sector, for their contributions and support for the third High-Profile Doing Business Technical Deep Dive, whether by providing resources and talent, or welcoming participating delegations for field visits to showcase the UAE’s pioneering experience in the ease of doing business sector.
Meanwhile, the World Bank team extended its gratitude for the warm welcome participating delegations received, commending Emirati hospitality and the impeccable organisation of the event over its four days. World Bank officials underlined the importance of these meetings in providing a common platform for dialogue among participating countries – all included in the Ease of Doing Business Report – where they can exchange knowledge, best practices, and success stories in the field.
The sessions and workshops on the event’s agenda witnessed significant turnout from participants in the third High-Profile Doing Business Technical Deep Dive, who attended 20 workshops, prepared and delivered – in English and French – by renowned economists and experts tasked with compiling the World Bank’s Ease of Doing Business Report.
H.E. Lootah lauded the great turnout at the event’s activities, saying that it reflects the quality of the knowledge content it provides. “The workshops were referred to as ‘Technical Clinics’, seeing as their main objective was to remedy the challenges and obstacles facing policymakers in their plans to enhance the work environment in their countries,” he said. “The sessions are organised by World Bank experts in government policy, economics, investment, foreign trade, and mass communication.”
The event discussed the opportunities and challenges facing the drafting and improvement of laws, legislation, and procedures surrounding doing business, as well as the basic stages that all economic establishments go through, from launching operations, to securing construction permits, registering property, getting credit, protecting minority investors and legal rights, paying taxes, cross-border trade, enforcing contract, and handling cases of insolvency.
The organising committee sought to ensure international delegations have an authentic Emirati experience, where groups of Emirati children, dressed in traditional clothing, welcomed them with traditional rose water sprinklers to the tone of Emirati folk music during breaks between sessions. Visitors were also treated to traditional local dishes such as Batheeth, Rangeena, and Arabic coffee, served during authentic Yola and Ayala performances. Organisers presented their visitors with souvenirs inspired by the UAE’s heritage such as wicker baskets made especially for the occasion by members of the Productive Families Programme.
Prominent Visitors Applaud ‘Well Organised’ Event
The third High-Profile Doing Business Technical Deep Dive received extensive praise from renowned international visitors for being well organised, as well as for the warm welcome visitors received, which reflected Emirati values of hospitality and the UAE’s professionalism in organising global knowledge events.
The visiting dignitaries, including several ministers, convened in bilateral meetings with the FCSA team on the side lines of the Deep Dive, held in Dubai this week.
H.E. Pholile Shakantu, Minister of Justice -Eswatini, stated that the third High-Profile Doing Business Technical Deep Dive is particularly important for developing and facilitating business, offering a platform for dialogue and the exchange of creative ideas to utilise the Report and its indexes to improve laws and procedures.
Meanwhile, Senator Manqoba Khumalo, Minister of Commerce, Industry & Trade from Eswatini, applauded the event and the advanced level of communication and interaction among participants, saying that Dubai impressed him with its opulence and generosity.
For his part, HE. Oumarou Alma, Minister – Special Adviser to the President of the Niger Republic, said: “As the third High-Profile Doing Business Technical Deep Dive draws to a close, I cannot help but express my sincere gratitude to the United Arab Emirates, and to the World Bank delegation, for the warm reception and impeccable organisation. The event is a must-attend function and an unparalleled occasion for exchanging expertise, opinions, and best practices for the entities tasked with rolling out economic reforms in Africa and the Middle East.”
“I thank the UAE and the World Bank once again,” H.E. Oumarou added, “and a special thank you goes to H.E. Abdulla Lootah, Director General of the Federal Competitiveness and Statistics Authority, and his team for their constant support and their efforts to organise this event, which has made our stay in Dubai – the city of the future – all the more advantageous.”
The organising team presented visiting dignitaries with copies of ‘My Story’, the book authored by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai.
The UAE ranks among the world’s top 20 economies, and came in 16th place on the annual Ease of Doing Business Report, which tracks 190 countries around the world. The Emirates led the entire Arab region on the ranking for the seventh consecutive year. Furthermore, the UAE ranked among the international top 10 on four of the Report’s 10 categories, ranking first in the world in terms of ease of connecting to the electrical grid; third in terms of ease of securing construction permits; ninth in terms of enforcing contracts; and tenth in terms of ease of registering property.
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The emirate is hosting the event for 4 days, under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance.
- The event is organised by the World Bank Group, with the support of the UAE’s Federal Competitiveness and Statistics Authority (FCSA).
- H.E. Hessa Buhumaid, Minister of Community Development: The UAE welcomes the findings of the Doing Business Report with an open mind, implementing them to rank among the top countries in the world on the index.
- H.E. Abdulla Lootah, FCSA Director General: The UAE uses the Report’s findings to launch projects and update legislations and procedures to be in line with reality and pave the way for a better future.
- H.E. Matthew Hawkins, New Zealand’s Ambassador to the UAE: The ease of doing business in the UAE is one of the leading factors that have made it an important business and commercial hub for our country.
Dubai, December 10, 2019
The third high-profile Doing Business Technical Deep Dive kicked off in Dubai today, hosted by the Federal Competitiveness and Statistics Authority (FCSA) in coordination with the Ministry of Finance.
Held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, the event addresses the World Bank’s Doing Business Report, bringing together a host of renowned policymakers and experts in economics and business to explore opportunities and exchange expertise.
The meeting is scheduled to take place over the course of four days, under the theme ‘Global Aspiration Towards Business Growth and Economic Prosperity”. It brings together more than 350 experts from 45 countries in Sub-Saharan Africa, the Middle East and North Africa (MENA), and Asia. The agenda includes several panel discussions, workshops, lectures, and field trips to explore best practices in government entities around the UAE that have earned high global rankings on the Doing Business Report.
In her opening speech, Her Excellency Hessa bint Essa Buhumaid, Minister of Community Development, said: “The UAE has established partnerships with the World Bank and the International Finance Corporation that have led to a host of successes and accomplishments across various sectors. Our cooperation to support competitiveness is one of our most successful; the UAE believes in the Doing Business Report, welcomes its findings with an open mind, and implements its recommendations to advance through the ranks and assume the top spots among the countries of the world on the index.”
“Our journey with competitiveness has had its fair share of challenges and successes that have propelled the UAE to the top ranks on numerous international competitiveness indexes,” H.E. added. “What the United Arab Emirates accomplished in the past few decades, and what it still plans to accomplish, will serve as a solid foundation upon which we can build a competitive knowledge economy driven by human skills, and capable of materialising the Fourth Industrial Revolution as on-the-ground projects and initiatives that serve to achieve the UAE Centennial 2071 Plan.”
“We are gathered here today to discuss the Doing Business Report, but there are other reports we need to focus on as well,” H.E. Hessa Buhumaid explained, citing the report titled ‘Women, Business, and the Law’ and the Human Capital Index. “With an abundance of reports available, governments now look to technical committees in the World Bank to listen to opinions and suggestions from relevant entities in their respective countries, and accept their feedback with an open mind.”
For his part, His Excellency Abdulla Nasser Lootah, Director General of the FCSA, said: “We take international reports very seriously here in the UAE; we use them to launch projects and update legislations and procedures to be in line with reality and pave the way for a better future. We all have a common goal: to develop a single, unified approach for analysing and understanding the Doing Business Report and its projections for the upcoming years. We are here to exchange expertise and connect with experts and specialists.”
“I have no doubt that the World Bank team will be taking this opportunity to have a closer look at the countries covered by the report, and exploring ways for countries to work together and make the study more credible and pertinent,” H.E. Lootah concluded.
Meanwhile, H.E. Matthew Hawkins, New Zealand’s Ambassador to the UAE, said: “The ease of doing business in the UAE is one of the leading factors that have made it an important business and commercial hub for our country. The UAE’s success is our success; we are delighted to see the momentous leaps it has taken in the past decades on the Ease of Doing Business Report.”
Participants at the Doing Business Technical Deep Dive will explore the opportunities and challenges facing efforts to draft and improve business legislations and procedures, highlighting the various stages economic establishments go through from beginning their operations, to securing construction permits and electricity services, registering trademarks, applying for credit, protecting minority investors, paying taxes, cross-border trade, enforcing contracts, and conflict resolution.
Dubai, UAE, December 8, 2019
The World Bank Group, with the support of the United Arab Emirates Federal Competitiveness and Statistics Authority (FCSA) will host, from December 10 to December 13, 2019 in Dubai, the third Doing Business Technical Deep Dive, a Masterclass and a knowledge sharing platform on the reforms counted by the World Bank Group’s Doing Business report. The event will welcome participants from over 30 countries in Africa, Asia, Europe, the Middle-East and Oceania.
The Technical Deep Dive gathers reform experts and policy makers to discuss the methodology and indicators of the Doing Business report, share best practice on identifying bottlenecks to private sector development and enacting relevant reforms, participate in targeted capacity building and networking sessions and use those interactions to update their country reform action plans.
His Excellency Abdulla Nasser Lootah, Director General of the Federal Competitiveness and Statistics Authority (FCSA), said: “Holding the third Doing Business Technical Deep Dive here in the UAE is a testament to the country’s success in firmly establishing itself as a destination of choice for business and economic leaders, partners, and organizations. It reflects the great confidence our partners at the World Bank and IFC have come to place in the UAE to host meetings of this high caliber. With prominent delegations of decision-makers and accomplished economics and business experts slated to attend, the much-anticipated event marks yet another milestone on the UAE’s journey to achieve the UAE Vision 2021 and implement the Sustainable Development Goals 2030.”
The 2020 Doing Business report, which was launched on October 24, 2019, shows that reform expertise is growing in the Middle-East and Africa regions. Economies in the Middle East and North Africa implemented a record 57 business-friendly reforms and hosted four of the countries that improved the most world-wide in the ease of doing business – Saudi Arabia, Jordan, Bahrain, and Kuwait. Sub-Saharan African countries implemented a total of 73 reforms, with Nigeria and Togo making the list of the global top reforming countries while Mauritius ranked as 13th easiest place to do business in the world.
The UAE ranks 16th globally and is the highest-ranked economy in the Middle-East and North Africa region. The Technical Deep Dive will offer the opportunity to aspiring reformers from across the globe to learn from the UAE’s best practices and share their efforts aimed at narrowing the gap with top reforming economies in the world.
The Doing Business project provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational and regional level. Launched in 2002, it looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
Dubai, Wellington- 7 August 2019
In the recent official visit to the head office located in New Zealand’s capital Willington, the senior management of the New Zealand’s G2G Know-How Foundation welcomed H.E. Abdullah Nasser Lootah, Director-General of the Federal Competitiveness and Statistics Authority (FCSA).
G2G Know-How is a public foundation that reports to the New Zealand government. It dedicates all its efforts in developing innovative government solutions through exchange of ideas and experiences with the most significant experts from the public and private sectors from around the world.
H.E. Lootah’s visit to New Zealand G2G Know-How came as part of his tour of New Zealand’s government, semi-government and private institutions this week. During the meetings held at its premises, the G2G Know-How teams briefed H.E Lootah on their wide range of activities and successful experiences in areas of developing innovative government projects.
FCSA’s Director-General and New Zealand’s task forces discussed FCSA’s initiatives that are channeled towards developing the UAE’s National Statistical System for improving the Competitiveness Strategy and achieving the Sustainable Development Goals (SDGs).
The G2G Know-How officials introduced the foundation’s methodology in collaboratively developing initiatives of various government entities in New Zealand. Their process includes identifying challenges, defining development goals, drawing up a master plan to develop and implement solutions, identifying partnerships with experienced foreign governments, and examining and analyzing results.
On his visit to the G2G Know-How Foundation, H.E. Lootah stated, “New Zealand is featured by the foremost global competitiveness reports and indicators as one of the most developed countries. It is an exciting opportunity for the UAE to be G2G Know-How Foundation’s first-ever international co-operation experience. Learning from this experience inspires us to further excellent the efficiency and effectiveness of UAE’s National Teams and the innovative services offered to individuals and institutions in our homeland.”
A meeting was held between H.E. Lootah and Mr. Malcolm Miller, Executive Director of the G2G Know-How Foundation and former New Zealand Ambassador to UAE. Mr. Miller availed this opportunity to appreciate the active collaboration between New Zealand and the UAE’s public institutions. He noted the similarity and convergence of government visions on various aspects of government initiatives, including establishing an innovation culture, the role of accurate and up-to-date data in supporting decisions and placing sustainability as part of the government priorities in all areas and sectors.
FCSA’s – Director General’s visit to New Zealand included visiting several semi-government and private institutions specializing in the field of data such as the Data Ventures of the New Zealand Statistics Center and the head office of Creative Company. Data Ventures is a global provider of specialized and innovative services and products of data-driven insight while Creative Company is a private company that aims to build and promote innovation and creativity culture across the government and private institutions through the development of individual and institutional skills of work teams.
H.E. Lootah concluded his statement by saying: “Our visit to the capital of New Zealand was very successful. I am happy with the results of the meetings held with all the institutions. It has been agreed to intensify bilateral efforts by organizing more activities, exchanging experiences and launching projects and initiatives in various specialties and fields of common interest, particularly in fields of developing Statistical Activities, Management of Competitive Strategy and Governance of initiatives dedicated to achieving SDGs.”
During FCSA Participation in the Biggest Global Conference for Geospatial Systems Users held in San Diego
Dubai, 30th July 2019
The Federal Competitiveness and Statistics Authority (FCSA) has concluded participation at the Esri User Conference-2019, the largest international gathering of experts and users of geospatial information systems (GIS) and solutions and digital geospatial platforms, held at the San Diego Convention Centre in San Diego, California.
During the days of the conference, UAE was so keen to shed a spotlight on its latest efforts and achievements it realized in the practices and applications of modern technology in general, and GIS technologies in particular in support of its journey to achieve the agenda of Sustainable Development Goals (SDGs) 2030.
H.E. Mohamed Hassan, Executive Director of Statistics Sector at FCSA, headed the FCSA official delegation. He delivered a specialized presentation as part of the main agenda of the conference organized by Esri, the world leader in GIS technologies. The session was attended by an international audience of specialists, experts and users of GIS from around the world.
During the session, H.E. Mohamed Hassan put on display the UAE page available on the UN Sustainability Information Platform, which has more than 26 specialized contents. These contents include summaries of significant sustainability initiatives, in addition to data and studies, most importantly, the part on documenting and showcasing UAE’s sustainability initiatives.
Commenting on the documentation processes, H.E. Hassan stated: “UAE singled itself out by being the first in the world to add such a documentary part to its initiatives. This part turned out to be a knowledge center accessible to the public and features the achievements and successes of UAE institutions and how they were successful in addressing several subjects and issues related to sustainability.”
He also pointed out: “UAE is among the very first States to take the positive initiative to link sustainable development initiatives to the Global Esri Geospatial Platform. The information on several key sustainability initiatives could be displayed and updated in real-time on this platform. For example, presenting information on external assistance provided by UAE to many countries around the world to reduce poverty and improve the quality of life via the UN Sustainable Development Knowledge Platform which is based on Esri technology. Indeed, it has become the most important international platform showcasing the achievements of the world’s nations in the field of SDGs 2030.”
“UAE’s presence in these global platforms confirms the commitment of all federal and local government institutions, the private sector, and the society as a whole to harness the latest technologies and innovations to boost the achievements of UAE in the field of SDGs, and not only at the level of the State but regionally and globally,” Hassan commented on the UAE’s participation in this global conference.
He went on to say: “These platforms adopt cutting-edge technologies of artificial intelligence, machine learning and linking satellite images with numbers and ground-based data. All of these factors serve our best interests to deliver high accuracy results, as well as saving time, efforts, and money.”
Noteworthy, members of the UAE delegation took part in various sessions and bilateral meetings that tackled the most recent developments in the fields of statistics, data, and geospatial systems. They were also briefed about specific leading international experiences, such as the feature of the Automatic Data Update developed by the USA Census Bureau and has already been adopted to implement its ongoing Census Project 2020.
H.E. Mohamed Hassan concluded his statement by saying: “Such global participations of the FCSA teams support the UAE’s efforts exerted to keep pace with the 17 SDGs. This is achieved by providing perfect data tools that facilitate planning, monitoring, following up the progress in realizing SDGs and reporting the progress achieved to the UN Statistics Division. Definitely, cooperation between FCSA, The UAE National Committee on SDGs and Esri in the field of e-linkage of the FCSA systems with the UN platform will boost its capacities and promote its planning capabilities in the future with sights set to further support the sustainability dossier at the national and global levels, as well as the achievement of the agenda of SDGs 2030.”
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