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H.E. Abdulla bin Touq Al Marri: Under the wise leadership’s vision, the UAE has built an innovative economic model based on global best practices. The continuous growth of the national economy reflects the success of the UAE’s economic diversification policies.
We remain committed to achieving the goals of “We the UAE 2031”, aiming to expand the UAE’s GDP to AED 3 trillion by the next decade and securing the UAE’s position as a global hub for new economy.
Hanan Ahli: The UAE’s robust economic performance is backed by a clear future-oriented vision focused on sustainable economic growth.
Additional Subtitles:
• UAE’s real GDP reaches AED 1.322 trillion
• Non-oil GDP reaches AED 987 billion
• Contribution of non-oil sectors to real GDP is 74.6%
• Top-growing sectors: Transport, construction, finance, government, and hospitality
• Leading contributors to non-oil GDP: Trade, manufacturing, finance, construction, and real estate
• Nominal GDP reaches AED 1.486 trillion (6% growth)
• Nominal non-oil GDP reaches AED 1.136 trillion (6.6% growth)
The UAE has recorded significant growth in its real GDP by 3.8%, reaching AED 1.322 trillion in the first nine months of 2024, compared to the same period in 2023. Meanwhile, non-oil GDP expanded by 4.5% to AED 987 billion, accounting for 74.6% of total real GDP, while oil-related activities accounted for 25.4%.
Commenting on this performance, H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the UAE’s sustained economic growth is a testament to the success of its policies and strategies aimed at enhancing economic diversification, streamlining business operations, and driving the expansion of new economy sectors as key drivers of sustainable economic and social development. He highlighted that, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the UAE has built an agile and globally competitive economic model capable of adapting to global challenges and rapid changes.
“The UAE continues to increase the contribution of non-oil sectors to the national economy by developing flexible economic legislation, enhancing global trade openness, and building strategic partnerships with key international markets. These efforts align with the “We the UAE 2031” vision, which aims to grow the UAE’s GDP to AED 3 trillion within the next decade and secure its position as a global economic hub,” H.E. bin Touq added.
Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated: “The UAE’s GDP growth over the past nine months reflects our strong economic performance and future-driven vision focused on sustainable economic expansion, led by non-oil sectors.”
“Economic diversification remains a key pillar of the UAE national strategy, ensuring long-term growth in the economy and in key economic and development indicators,” she emphasized.
Top-Growing Economic Sectors
During the first nine months of 2024, the UAE’s fastest-growing economic sectors showcased remarkable expansion compared to the same period in 2023. The transport and storage sector experienced a significant growth of 7.9%, largely driven by a surge in passenger traffic at UAE airports, which welcomed over 103 million travelers, marking a 20% increase. Similarly, the construction and building sector expanded by 7.4%, fueled by substantial investments in large-scale urban infrastructure projects. The financial and insurance sector also saw steady growth, rising by 6.8%, while government activities expanded by 5.0%. Additionally, the hospitality and restaurant sector recorded a 4.9% increase, reflecting the continued momentum in the tourism industry.
When examining the key contributors to non-oil GDP, trade emerged as the largest sector, accounting for 16.5% of total non-oil economic output. Following closely behind, manufacturing contributed 15.1%, underscoring the UAE’s industrial strength. The financial and insurance sector played a crucial role, making up 12.1% of non-oil GDP, while construction and building activities contributed 11.7%, and the real estate accounted for 7.6%.
Overall, the UAE’s nominal GDP reached AED 1.486 trillion during the first nine months of 2024, reflecting an impressive 6% year-on-year growth. The nominal non-oil GDP also grew significantly, reaching AED 1.136 trillion, with a 6.6% increase. Notably, non-oil sectors contributed 76.5% to the total GDP, further highlighting the UAE’s progress in economic diversification and sustainable growth.
United Voices for 2045: UAE Launches a Global Survey to Shape the Future of Sustainable Development
H.E. Reem Bint Ibrahim Al Hashimy, Minister of State for International Cooperation and President of the National Committee for Sustainable Development Goals, said that since its inception, the UAE has placed sustainable development at the heart of its plans and strategies to ensure prosperity and development, noting the importance of cooperation between all parties, integrating the government and private sectors and strengthening partnership with the community to achieve the Sustainable Development Goals (SDGs).
This came during her Excellency’s participation in the meeting of the National Committee for Sustainable Development Goals held under the umbrella of the Sustainability Wing of Expo 2020 Dubai in the presence of H.E. Hanan Ahli, Acting Director of the Federal Competitiveness and Statistics Centre (FCSC), and government officials from the members of the National Committee for SDGs. During which the most important initiatives and steps taken by the members of the Committee were reviewed to ensure that the achievement of the goals in the UAE is strengthened and future efforts and plans are discussed in this regard.
Initiatives
H.E. Reem Al Hashimy said that the UAE government under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, is keen to be at the forefront of active contributors globally in launching initiatives to assist human communities in achieving sustainable development goals. This is based on His Highness’s vision that shaping the future is not merely impromptu decisions, but rather strategic plans based on knowledge and clear objectives grounded in analytical data and accurate realistic information.
She said: “What distinguishes our meeting today is that we meet in this unique place “Expo 2020” in the heart of the UAE sustainability wing at Expo 2020 to link the vision of the past to the efforts of the present and the aspirations of the future and start the “decade of work” in conjunction with the 5th anniversary of the establishment of the National Committee on Sustainable Development Goals.”
Her Excellency stated, “The participating government entities in the committee contribute to enhancing the country’s efforts in supporting sustainable development goals by highlighting the most prominent efforts and initiatives implemented both locally and internationally. The global partnerships adopted by the United Arab Emirates to assist countries and communities worldwide, through the facilitations and logistical support services provided by the country during the COVID-19 pandemic, as well as the medical and food aid extended to various countries, all align with sustainable development goals such as eradicating hunger, combating poverty, providing good health, and other objectives.”
She commended the efforts of the committee members and their keenness to achieve the sustainable development goals in the country at the local, regional and international levels, stressing that the Sustainable Development Goals before they be a global approach and a UN agenda are essentially a humanitarian task to improve societies and promote human life, which is the basis of development projects in societies, pointing out that the Sustainable Development Goals represent a large and important part of Expo 2020, where this international event represents an unprecedented opportunity for the world to ensure a sustainable future and bring about change. Positive and looking forward to new prospects in the field of sustainability in the UAE and the world.
She praised the efforts of the committee members and their commitment to achieving sustainable development goals in the country at the local, regional, and international levels. She affirmed that sustainable development goals, before being a global approach and a UN agenda, are fundamentally a humanitarian mission to uplift societies and enhance human life, which is the foundation of development projects in communities. She pointed out that sustainable development goals are a significant and integral part of Expo 2020, where this international event represents an unprecedented opportunity for the world to ensure a sustainable future, create positive change, and envision new horizons in the field of sustainability at the level of the United Arab Emirates and the world.
Her Excellency highlighted that the UAE has made significant strides in the realm of sustainable development. International institutions closely monitoring the country’s performance in various competitive indicators associated with sustainable development have recognized its achievements. The UAE excelled globally in 97 competitive indicators related to sustainable development goals and secured a position among the top ten in 268 other indicators. In its pursuit of regional and international leadership, the government has been actively working to attain the Sustainable Development Goals. Additionally, there is a concerted effort to foster partnerships between the government and private sectors to make sustainable development a top community priority in the UAE.
She stated, “Integrated data provided by government and private entities play a crucial role in enhancing the UAE’s efforts to achieve sustainable development goals across various vital sectors. This includes the development of innovative initiatives and making informed decisions based on accurate data.” She emphasized the importance of leveraging the global platform of Expo 2020 and the international events and activities it hosts. This platform serves as an opportunity to showcase the successful experience of the UAE in achieving these goals to the world.
Competitive
The participants in the meeting reviewed the performance of the UAE in major global competitiveness reports, which include indicators related to sustainable development goals. Committee members also discussed the importance of providing open data through official platforms, emphasizing its contribution to achieving sustainable development goals and enhancing the country’s performance in the Open Data Inventory report. They also delved into mechanisms for identifying priority statistical indicators related to sustainable development goals and their alignment with the timeline for measuring indicators of sustainable development goals.
UAE Participation in the 50th Annual Meeting of the International Statistical Commission
- Nusseibeh: Data plays a vital role in enhancing the reputation of the UAE
- Lootah: The Permanent Mission is making every effort in support of the visiting delegations
Dubai, March 9, 2019
The UAE official delegation participating in the 50th Annual Meeting of the International Statistical Commission headed by H.E. Abdulla Nasser Lootah, Director-General of the Federal Authority for Competitiveness and Statistics (FCSA), paid a courtesy visit to the UAE Permanent Mission to UN in New York.
The delegation was received by HE Ms. Lana Zaki Nusseibeh, the UAE Permanent Representative to the UN. During the meeting, they discussed the role of national statistical centers in providing, making available and disseminating data, in addition to other several topics and issues of mutual interest.
H.E. Lana Nusseibeh underlined the importance of the role of data in achieving sustainable development. She stated: “Indeed, the participation of the UAE delegation in the meetings of the UN International Statistical Committee and exhibiting UAE’s efforts in this field will contribute in elevating the reputation of our dearest homeland as one of the most committed countries in consolidating the international partnership and cooperation and supporting the global sustainable development goals through innovation, global partnerships, modern technologies, artificial intelligence and other sectors that shape the future of UAE and the role of UAE future generations will play.”
H.E. Lana Nusseibeh hailed the diligent and dedicated efforts of the delegation for their contributions to the progress of UAE rank in one of the most critical global competitiveness reports and indicators.
The UAE delegation participating in the International Statistical Commission includes a number of the senior officials of the statistics and data centers in the UAE.
In his turn, H.E. Abdullah Naser Lootah, Director-General of FCSA expressed his gratitude for the outstanding role played by the Permanent Mission of UAE to UN, especially in supporting the State delegations in their official missions.
He said: “The Permanent Mission of the State at the United Nations has always been a pioneer in facilitating the tasks of official missions from the UAE with all efforts to overcome any obstacles which may be faced by any of the members of the delegation.”
The UAE delegation is participating intensely in this year’s annual meetings of the United Nations Statistical Committee, following the hosting of the United Nations World Data Forum by the State at its second session held in Dubai in October last year. The State’s hosting of this forum has a tangible impact on data experts, statistics and national competencies in the country as a result of the exchange of information, experiences and the best success stories of data and statistics.
H.E. Abdullah Nasser Lootah highlighted , during his meetings with all directors of statistics centers in the world participating in the meetings of the Statistical Committee, the importance of putting the “Dubai Declaration” into effect so that the countries of the world can continue their march towards achieving SDGs agenda in 2030.”
At the end of the meeting, H.E. Lana Nusseibeh thanked the delegation of the FCSA for visiting the headquarters of the Permanent Mission in New York and wished them success in their meetings at the fiftieth session of the International Statistical Commission in New York.
Dubai, Dec. 8 (WAM) – The Federal Competitiveness and Statistics Centre presented the model of the United Arab Emirates government and its exceptional experience over the past 50 years, during this time, the UAE succeeded in enhancing its sustainable development, propelling regional and international trade, which had a positive impact on the national economy. This presentation took place within the framework of the Uzbekistan Economic Forum, organized by the government of Uzbekistan in the capital, Tashkent.
A delegation from the UAE government, led by Her Excellency Hanan Ahli, Acting Director of the Federal Competitiveness and Statistics Center, showcased the UAE’s experience in education, gender balance, and the significance of these elements in achieving well-being and quality of life. This presentation occurred in a key session titled "Developing Human Capital to Promote Comprehensive Development" during the forum. The event was attended by over 300 international officials and experts from institutions like the World Bank, the United Nations Development Programme, the Asian Development Bank, Standard & Poor’s, as well as high-level ministers and officials from the Uzbek government, prominent figures in the finance and business sectors, and media outlets from around the world.
The delegation’s participation comes within the framework of the strategic partnership between the governments of the UAE and Uzbekistan, which was signed in 2019 and has witnessed rapid development in the relations between the two friendly countries. This partnership includes the enhancement of knowledge exchange, successful experiences, and government modernization initiatives, benefiting from the experiences of the UAE government.
Her Excellency Hanan Ahli emphasized that the UAE government primarily focuses on embedding a culture of innovation in the governmental work environment. This culture has been a key driver in launching hundreds of innovative initiatives and successful projects. She added that the UAE government is committed to promoting the exchange of successful governmental experiences with other governments worldwide. The exceptional experiences of the UAE serve as a fundamental pillar that enables governments to develop their own models of governmental work, contributing to the achievement of the Sustainable Development Goals by 2030.
She expressed her pride in sharing the UAE government model and highlighting its experiences, reflecting the directives and visions of the UAE’s leadership, aimed at enhancing cooperation and knowledge exchange with friendly countries like Uzbekistan. Both nations have a strategic partnership in government modernization and development.
The forum provided a unique opportunity for participants to discuss economic and developmental plans, means of enhancing competitiveness in the context of more open and integrated international and regional economies, initiatives to improve the investment climate, policies for improving living standards, promoting sustainable and comprehensive economic growth, and various aspects of global competitiveness and ease of doing business.
The participation of the UAE government highlighted the importance of promoting digital transformation and its impact on the development of government work, education, services, and more. It also covered the UAE’s journey in implementing competitive strategies and elevating its global competitiveness rankings over the years, resulting in significant achievements.
The Federal Competitiveness and Statistics Center presented the model of the United Arab Emirates government and its exceptional experience over the past 50 years. During this time, the UAE succeeded in enhancing sustainable development, propelling regional and international trade, which had a positive impact on the national economy. This presentation took place within the framework of the "Economic Achievements and Future Prospects of Uzbekistan" forum, organized by the Uzbek government in the capital, Tashkent.
A delegation from the UAE government, led by Her Excellency Hanan Mansour Ahli, Acting Director of the Federal Competitiveness and Statistics Center, showcased the UAE’s experience in education, gender balance, and the significance of these elements in achieving well-being and quality of life. This presentation occurred in a key session titled "Developing Human Capital to Promote Comprehensive Development" during the forum. The event was attended by over 300 international officials and experts from institutions like the World Bank, the United Nations Development Programme, the Asian Development Bank, Standard & Poor’s, as well as high-level ministers and officials from the Uzbek government, prominent figures in the finance and business sectors, and media outlets from around the world.
This participation is part of the strategic partnership between the governments of the UAE and Uzbekistan, which was signed in 2019 and has witnessed rapid development in the relations between the two friendly countries. This partnership includes the enhancement of knowledge exchange, successful experiences, and government modernization initiatives, benefiting from the UAE government’s experience.
Her Excellency Hanan Ahli emphasized that the UAE government primarily focuses on embedding a culture of innovation in the governmental work environment. This culture has been a key driver in launching hundreds of innovative initiatives and successful projects. She added that the UAE government is committed to promoting the exchange of successful governmental experiences with other governments worldwide. The exceptional experiences of the UAE serve as a fundamental pillar that enables governments to develop their own models of governmental work, contributing to the achievement of the Sustainable Development Goals by 2030.
Ahli expressed her pride in sharing the exceptional UAE government model and shedding light on its experiences, reflecting the directives and visions of the UAE’s leadership, aimed at enhancing cooperation and knowledge exchange with friendly countries like Uzbekistan. Both nations have a strategic partnership in government modernization and development.
The forum provided a unique opportunity for participants to discuss economic and developmental plans, means of enhancing competitiveness in the context of more open and integrated international and regional economies, initiatives to improve the investment climate, policies for improving living standards, promoting sustainable and comprehensive economic growth, and various aspects of global competitiveness and ease of doing business.
The participation of the UAE government highlighted the importance of promoting digital transformation and its impact on the development of government work, education, services, and more. It also covered the UAE’s journey in implementing competitive strategies and elevating its global competitiveness rankings over the years, resulting in significant achievements.
It’s worth noting that the strategic partnership agreement in government modernization between the UAE government and the Republic of Uzbekistan, signed two years ago, aims to strengthen the exchange of knowledge and successful experiences in governmental work across various areas, including governmental accelerators, excellence, quality, services, smart applications, performance, government innovation, leadership programs, capacity building, programming, the future of education and the economy, global competitiveness, and business ease, among others, with the goal of positively impacting the development of Uzbekistan’s governmental system.
Forecasting the Vision of the Youth Role in Harnessing Future Technologies
Dubai, UAE- 28th February 2019:
As part of plan to involve young people in the activities of the Emirates Innovation Month 2019, the Federal Authority for Competitiveness and Statistics (FCSA) organized a brainstorming session for young people at the Arab Youth Center in Dubai on 27 February 2019.
The brainstorming session was conceptualized to encourage the ideation of new outputs and ideas which center the main themes of the national strategy of the 4th Industrial Revolution. This was conducted in accordance with the aspirations of youth and in line with the efforts exerted by the FCSA and its partners to achieve the goals of the National Agenda and the vision of the UAE 2021.
More than 40 young talented Emiratis attended the brainstorming session from various sectors concerned with the national strategy of the 4th Industrial Revolution. The themes tackled during the session were on genetics and health care through robotics, smart and interactive cities, water and food future security, economic security and digital transaction technologies, . Topics such asestablishing a global center for the Fourth Industrial Revolution, building an integrated and secure data environment and developing specialized talent and entrepreneurs were also tackled.
H.E. Abdullah Lootah, the Director-General of the FCSA, applauded this unique initiative and stressed that this initiative was developed to be part of the activities of the Emirates’ month for innovation, based on the guidance of the wise leadership to encourage the role of the youth for the the future.
“Youth has a central role in the UAE’s quest to achieve its vision of being the best country in the world by 2071, the centennial of founding the UAE. TheUAE has always been proactive in launching initiatives and programs that harness the creative energies of young people and transform their passion towards technology, sustainability, obtaining knowledge, new sciences and their applications to real initiatives and programs to serve the country and drive progress.” Lootah Said.
H.E. Saeed Mohammed Al-Nathri, the Director-General of the Federal Youth Foundation, visited the brainstorming workshop and praised the efforts of FCSA in providing outstanding opportunities for young people and enabling them to present their creations that support the achievement of the goals of the national agenda. He has also thanked the team of FCSA for organizing and managing the brainstorming session.
Participants were divided into seven teams. They were selected among those who have knowledge and cognizance of this subject and among those entities, which support our national strategy. Entitiesincluded the Ministry of Economy, the Ministry of Infrastructure Development, the Central Bank and a number of universities, such as UAE University, Khalifa University, University of Sharjah, American University of Sharjah, Higher Colleges of Technology, Dubai Health Authority Board, Future Economic Youth Council, Dubai Electricity and Water Authority (DEWA), Dubai Smart, Abu Dhabi Police, Emirates Integrated Telecommunications Company (DU), ADNOC, Statistics Center-Abu Dhabi, General Authority of Civil Aviation, Department of Economic Development in Dubai and others.
At the end of the session, each of the seven teams reached a set of ideas on the key theme they worked on. The FCSA experts, in cooperation with other concerned parties, evaluated proposals and presented the best ones to the relevant officials in each body.
Malik Al Madani, the Director of Strategic and Future Department and CEO of Innovation at the FCSA, concluded the session by saying: “ FCSA is keen to take advantage of the opportunities and harness them to empower young people. The Emirates Innovation Month is no exception to this rule. Therefore, we have responded promptly to various sectors to organize interactive session with young people and involved them in presenting the ideas that the young generation can implement.”
An Innovative Model for Exploring the Future of Institutional Government Action
- Lootah: This Race Combines Exploring the Future and Turning the Culture of Innovation into Sustainable Work
- Al Madani: The Core Theme of the Race to the Future is To Be A Better Model Tomorrow Than Today
Dubai, UAE- 25 February 2019:
As part of the plan adopted by the Federal Competitiveness and Statistics Authority (FCSA) for the UAE Innovation Month of 2019, the FCSA innovation team organized a knowledge session on the “Race to the Future” initiative, which aims to develop a conception on how the shape and work and procedures mechanism of the Authority will be in the medium future, namely, after 6 to 10 years from today.
On this occasion, Abdulla Lootah, the Director-General of the FCSA, said: “This race combines exploring the future and turning the culture of innovation into sustainable work within institutional government work.”
He added: “Every effort by FCSA and it’s employeessee the impact on the future, and this in itself is a positive catalyst to draw and shape the future of the FCSA since today by its experts and staff. They put yesterday’s and today’s experience to build a prosperous and sustainable future for the Authority, the children of the homeland and its residents.”
Malik Al Madani, the Director of Strategic and Future Department and CEO of Innovation, has led the session and said: “Tomorrow will be better than today. This is the essence of this innovative initiative. However, its mold is the race, for its positive factors in motivation and joint action for Achieving success by teams competing among themselves and with themselves for the future of the Authority.”
Malik Al Madani explained: “The race launches in the innovation month of each year for five weeks and aims to explore the future of the Authority and its work method during the medium-term future, i.e., during the next 6 to 10 years. This is the first stop of Emirates centennial 2071, by building internal capabilities in the field of strategic planning and looking ahead, by creating an innovative tool for dealing with future, and ensuring readiness for global leadership, by relying on fostering a culture of institutional leadership and continuous improvement initiatives.”
The idea of the race is based on a previous initiative launched last year by the Authority in the name of the 50×50 Competitiveness Race, which aimed to devise a 50-speed accelerator program for the most critical competitive indicators and find solutions for them within 50 working days, within a comprehensive framework that sets the indicators of high sensitivity and significant importance which affect various sectors within the priorities of some federal and local government agencies.
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