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DATA FOR A BETTER FUTURE
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
“President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree No. (6) for the year 2015 establishing the Federal Competitiveness and Statistics Authority (FCSA) under the UAE Cabinet.
The new Authority, to be based in the emirate of Dubai, effectively replaces the National Bureau of Statistics and the Emirates Competitiveness Council by integrating the functions of both the entities.
As per the decree, the Authority will work to strengthen the UAE’s position across all global competitiveness indicators as well as promote sustainable development, in addition to serving as the apex body that organises and manages the statistics and competitiveness sectors.
The Authority is also mandated to build an integrated national statistical system. The establishment of the FCSA supports the goals of the UAE Vision 2021, a strategic roadmap to make the UAE among the best countries in the world by 2021.
Functions of the Federal Competitiveness and Statistics Authority Aiming to support the UAE’s competitiveness indicators, the new Authority will undertake a wide array of functions to achieve its goals.
The functions of the Authority include proposing policies, strategies and plans for statistics and competitiveness in coordination with the government and the related entities, as well as evaluating international best practices in all areas of the statistics and competitiveness sectors.
The FCSA will also work to promote a culture of competitiveness, and provide training and support to all government entities for the advancement of statistics and competitive operations.
It will act as an incubator for promoting best and specialized national skills in the UAE, in addition to preparing and implementing a unified statistical system for various sectors in the country.
The Authority will also represent the nation at various international forums in the field of statistics and competitiveness. Enhancing coordination with local entities FCSA is entrusted with a bigger vision and wider tasks to make significant positive changes in strategies to strengthen the efforts of the UAE to increase its competitiveness, especially through information and data revolution.
As per the decree, the Authority is the first and only official reference for all matters related to competitiveness for global reports and surveys.
It will be also a source of official statistics regarding the nation. The Federal Competitiveness and Statistics Authority also will serve as the main link between all the federal and local governments, as well as private sector and international organisations in all matters related to the competitiveness and statistics.
The new Federal decree also nullifies the Federal Law No. 9 of 2009 concerning the National Bureau of Statistics, and eliminates all regulations contrary to or inconsistent with its provisions.
The federal decree will be published in the official newspapers, and shall be effective from the day following the date of publishing. The UAE Cabinet also issued a decree appointing Reem Ibrahim Al Hashimi, Minister of State, as Chairperson of the Federal Competitiveness and Statistics Authority.
The board will include representatives from the Executive Councils of Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Qaiwain, Ras al-Khaimah, and Al Diwan Al Amiri in Fujairah.
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DUBAI, 12th July, 2017 (WAM) –
Senior officials of Smart Dubai Office, SDO, have discussed with a high-level delegation from the Federal Authority for Competitiveness and Statistics ways to enhance mutual cooperation. Discussions also involved how to activate mechanisms and frameworks for joint work by the two entities, and to explore prospects for building future partnerships that serve common aspirations. Held at the Dubai Smart Office HQ, the meeting was chaired by Dr. Aisha bint Butti bin Bishr, Director-General of the Smart Dubai Office, and attended by Younis Al Nasser, CEO of Dubai Data Establishment, Wesam Lootah, CEO of Smart Dubai Government, Abdulla Nasser Lootah, Director-General of the Federal Authority for Competitiveness and Statistics, and Mohamed Ahli, Executive Director of Statistics Sector, in addition to a number of officials from both entities.
Dr. Bin Bishr expressed her delight in exploring new horizons of fruitful partnership with the Federal Authority for Competitiveness and Statistics, and described the meeting as an ideal opportunity to consolidate efforts at all levels.
Smart Dubai has strategic partners that contributed to more than 137 smart initiatives and 1,129 smart services to the people. Holding such meetings at the local and federal levels underlines the importance of the concerted efforts to ensure the success of the Smart City model and export it to the world. It also sheds light on the methodologies and strategies needed to put Dubai at the forefront of smart cities, and highlight its position as a global model in adopting and employing modern technology for a sustainable future."
She stressed the need to work diligently and dedicate smart initiatives in all sectors to contribute to sustainable development and achieve the strategic goals in accordance with the vision of the wise leadership, which in turn contributes to positioning the emirate as a global destination on various levels and, achieve the happiness of the people of the UAE.
The meeting reviewed SDO’s role in spearheading the efforts to transform Dubai into a smart city. The roadmap and timeframe for Dubai Smart 2021 vision were presented at the meeting and a comprehensive presentation was made to the visiting delegation, explaining the initiatives and projects launched by SDO. The two sides also discussed ways to speed up joint institutional work to achieve the strategic objectives of both institutions.
Mr. Lootah said, "The success of our strategy that aims to enhance UAE international competitiveness and modernize the national statistical ecosystem depends on the successful partnership and collaboration of our partners in both federal and local government sector.
Our experience with Smart Dubai has always been valuable, as we learn from their innovative approaches and their commitment to achieve their goals and objectives. I look forward to our future collaboration with Smart Dubai on projects that will service the UAE society and brings them happiness and prosperity."
The delegation reviewed key performance indicators of Dubai Smart vision 2021, highlighting the importance of efficient performance in smart transformation and in achieving sustainability by applying the results of the indicators in policy making and future planning of SDO’s initiatives.
- The study underscores the growing importance of measuring public sentiment on public policy
- Focusing on the topic of tolerance in the nation by the public in and outside UAE
- Analyzing 1.4 million unique posts on social media
Dubai, UAE, Cape Town, South Africa – 11 June 2017
The Federal Competitiveness and Statistics Authority (FCSA) and BrandsEye, a world leading opinion mining company, announced today the completion of the first sentiment study conducted in the United Arab Emirates on the topic of tolerance in the UAE.
Working in coordination with the team of HE Sheikha Lubna bint Khaled Al Qassimi, Minister of State for Tolerance, the study focused primarily on the topic of tolerance and social media user’s opinion of the Minister’s announcements, activities and the news shared on the Minister’s official social media profiles.
During the research project, approximately 1.4 million unique posts shared by 172,000 social media users in the UAE were analyzed by opinion mining partner BrandsEye. BrandsEye uses a data analytics approach which combines search algorithms, crowd-sourcing and machine learning to accurately analyze conversations for sentiment and the topics driving that sentiment. The study was conducted over the period of three consecutive months earlier this year, and the findings were presented to Minister and her team during a recent visit to the FCSA headcounters.
The study findings highlighted that of all the posts analyzed, 20.5% expressed positive sentiment, 70% was neutral while only 4.5% of conversations were negative. Of the positive sentiment, 44% of the posts were expressed during the holidays in December were pictures of various religious communities in the UAE were shared practicing their faith in complete freedom. The remainder of the positive posts were praising the UAE policies and inclusion ,cohesion tolerance related activities and covering other topics such as low unemployment rates and attributing it to UAE providing an equal opportunity for everyone living on its land.
"The findings were very interesting and I am very delighted that people were mainly positive and/or neutral when it came to how they felt towards our announcements, programs and activities in and outside the UAE," commented HE Sheikh Lubna. "Policy and data are very interrelated in the decision making process. Knowing how people feel, adds a new layer of knowledge and insight that support drive more effective and impactful policies and initiatives for the people."
"Because of fake news, orchestrated and agenda-driven social engineering, many policy makers around the world are struggling to understand and collect accurate information and sentiment about their constituents. As decision makers, we have a grand responsibility to make sure we rely on accurate and effective scientific methods to have a better understanding of what really matters to the people," added HE Shaikha Lubna.
"We are very excited to be working with Her Excellency Sheikha Lubna’s office and the team in FCSA on this important project. The world of opinion mining is set to change the way governments and business conduct research, providing accurate data that will help drive better decision making at all levels," said JP Kloppers, BrandsEye CEO. "The sheer quantity of online conversations coupled with the instantaneous reactivity of this digital chatter has meant that sentiment-driven opinion data has become a mineable resource that gives one unique insight into how the public actually feel.
Kloppers added that fake news and what is known as ‘news feed bubbles’ are creating significant pockets of public opinion that are not based on truth, undermining the legitimacy (and demand for) their journalism. "Opinion mining offers a way for media to accurately measure and report on public opinion, regardless of its veracity," added Kloppers.
"Organizations around the world now have access to millions of relevant data points in both mature and developing markets. The data, if mined correctly, can provide insights that not only assist in decision-making, but also can shape product innovation and help reduce risk," said Abdulla Lootah, Director General of the FCSA.
"As a UAE federal government official reference on all matters related to statistics, competitiveness and data, it is part of FCSA’s mandate to explore, identify and adopt the latest global trends and technology to serve our stakeholders. Our collaboration with BrandsEye is just the beginning and to a new dimension on how we plan to transform the statistics and data business in the UAE. We look forward to more engagements on various topics across the UAE," concluded Mr. Lootah.
Session taking place on sidelines of World Data Forum will discuss how traditional statistics gathering is making way for digital forms
Dubai, October 24, 2018
The impact of the data revolution on statistics gathering and fieldwork will be an issue under the spotlight at a side session of the forthcoming United Nations World Data Forum, which is being organised by the Federal Competitiveness and Statistics Authority (FCSA) and takes place October 22-24 at Madinat Jumeirah, Dubai.
Titled Bye ‘Bye-Bye Statistics,’ the activity being presented by Saber bin Saeed Al Harbi, Director General of GCC-Stat, will examine how advances in technology are creating breakthroughs in data collection and negating the labour intensive, traditional methods for harvesting and promulgating statistics.
“We are facing a sea-change in the way data is collected, stored, analysed and disseminated, with rapid leaps forward in technology creating a fundamental shift in the way that information is gathered. The ‘Bye-Bye Statistics’ session on the side-lines of the UN World Data Forum aims to show attendees how it is now possible to do away with time-consuming fieldwork and the compiling of static tables. It will reveal the latest developments in virtual statistics and how to best utilise data acquired from sensors, satellite imagery data and GPS integrated data,” Saber bin Saeed Al Harbi
Bye-Bye Statistics will discuss the future demographic of the statistics world, which the session coordinators say will feature fewer compilers and more analytics, with those involved in the field also being younger. It will highlight how statistics will be defined by networks instead of buildings, with the work increasingly involving smart skills and machine learning. It will also examine the process of initiating change and the policies that managers responsible for data collection can adopt to ensure that their teams become enthusiastic early adopters of the new models.
“The Bye-Bye Statistics session will examine the best ways for managers to introduce these changes to bring their teams along with them. We will be examining the various stages involved in creating successful change, such as establishing a sense of urgency, creating a guiding coalition, developing a strategy, generating short-term wins and consolidating gains,” added Saber Al Harbi
Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, the UN World Data Forum 2018 brings together more than 1,500 data experts, high-ranking government officials and prominent policy makers from around the world. Now in its second edition, the globally-recognised event contributes to the establishment of a scientific incubator environment to enhance the role of data and statistics in achieving the Sustainable Development Goals 2030; namely food security, health and learning.
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- First regionally in the general classification and the number of documented improvements.
- First regionally in six out of ten categories.
- First globally in the category of the impact of non- payment of taxes, which does not affect business.
- Second globally in the category of the process of construction permits.
- Fourth globally in the category of electricity delivery.
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