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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.
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.
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.
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.
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.
UAE ranked first in Arab world for 3rd year in row in Ease of Doing Business: World Bank report 2016
- 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.
Memorandum of Understanding will see bodies work together to meet the UN’s 17 Sustainable Development Goals
Dubai, October 24, 2018
The Federal Competitiveness and Statistics Authority (FCSA), the UAE government body tasked with developing the UAE’s performance in data collection and in improving the country’s ranking across global indices, has announced that it has signed a Memorandum of Understanding (MoU) with the Sustainable Development Solutions Network (SDSN).
Under the terms of the agreement, the FCSA will partner with SDSN – a body that operates under the auspices of the United Nations Secretary-General to mobilise global scientific and technological expertise for sustainable development – to share knowledge and resources. The specifics of the MoU relate to SDSN’s research network on data and statistics ‘TReNDS’ and the organisations’ mutual objective of providing better-quality data to monitor sustainable development.
The agreement was signed on the sidelines of the UN World Data Forum 2018, which was hosted by the FCSA at Madinat Jumeirah, Dubai from October 22-24. The second edition of the global summit aimed at exploring ways of improving the collection and analysis of statistics to meet the UN’s 17 Sustainable Development Goals (SDGs) under Agenda 2030. The signatories to the agreement were H.E. Abdullah Nasser Lootah, Director General of the FCSA and Chairman of the Organising Committee of the UN World Data Forum 2018, and Jessica Espey, Senior Adviser at SDSN.
“Our new partnership with the Sustainable Development Solutions Network will see the UAE run SDG pilot initiatives when needed to support the network’s research, while the network will reciprocate by supporting the FCSA with capacity building when possible, participating in SDG-related events where feasible, and contributing to the UAE’s annual report on SDGs. We see our relationship, which will last until at least 2020, as an important step in helping the UAE meet its obligations towards the United Nations’ Sustainable Development Goals,” said H.E. Lootah.
Organised by the FCSA and 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 attracted more than 1,500 data experts, government officials and policy makers from around the world. Following the inaugural event in Cape Town, South Africa in 2017, the successful second edition of the Forum has established the event as the preeminent global activity to discuss the role of data and statistics in achieving the UN SDGs in the areas of food security, health and learning.
The UAE was ranked first regionally and 16th globally, maintaining its lead among the top 20 competitive economies in the world, according to the recent version of the Global Competitiveness Report 2016 issued by the World Economic Forum (Davos) in Switzerland.
The report is one of the most important global competitiveness reports, which monitors annual performance and competitiveness of the economies of countries in terms of strength, weakness, impact on quality of life, prosperity and well-being of people.
Reem bint Ibrahim Al Hashimi, Minister of State for International Cooperation and Chairperson of the Board of the Federal Competitiveness and Statistics Authority, said that the UAE positions itself on the world stage, thanks to the efforts of the federal and local taskforces who are working as one team under one vision for 2021, and others in this respect.
She added that these taskforces work in accordance with the plans and strategy and subject to continuous evaluation and development in line with the aspirations of the wise leadership to make the UAE one of the best countries in the world by 2021 with the advent of the golden jubilee on the establishment of the Union.
This year’s report surveys the economies of 138 countries rated through 114 performance indexes and in 12 basic axis, including institutions, infrastructure, education, health, innovation, efficiency of the labour market and other topics. Evaluation is based on statistics and data from participating countries in the report in terms of opinion polls and surveys on executives and major investors in those countries.
The UAE was ranked in the first 10 positions globally in three basic themes in the report. It is also among the best 20 countries globally in half of these axes. The UAE came in third place globally in the axis of efficient goods market, which is the sign of success of the diversification policy of the economy in the state, clarity of vision and strategic plans on the performance and efficiency of the business market.
It also came in fourth place globally in the infrastructure hub. This is an indication of activity in infrastructure projects across the country and its role in supporting the UAE economy in all areas and sectors, making it an attractive environment for investment and business at the regional and global level.
High-performance and efficient government institutions
At the level of indicators, the UAE was ranked among the 20 countries globally in 76 out of 114 indicators evaluated in this report. Regarding the institutions, the UAE was ranked first globally in the absence of the impact of crime and violence at work index, and second place globally in the people’s trust in the leadership and lack of wasteful government spending indexes.
The UAE was ranked in the third place globally in the efficient government index. This reflects the success of the leadership strategy and steps taken toward achieving the high performance and efficiency in the government work at the federal and local levels to ensure the happiness of citizens and residents and well-being on the territory of the state.
World-class infrastructure
On the infrastructure, the UAE has won the first place globally in the road quality index and second place globally in the airport infrastructure and means of air transport quality index. It also came in the third place globally in the seaport infrastructure quality and rate of mobile phone subscriptions per 100 users indexes. The UAE was ranked in the fourth place in the global index of quality of infrastructure and fifth in the index of number of airline seats available for each million passengers a week.
This performance reflects the huge investments made by the state to develop and improve the infrastructure in terms of extending road network, building new airports and the expansion of existing airports, the development of seaports and plans to link the UAE rail network within the Union Railway project.
Mature and sophisticated markets
In tribute to the development of the UAE market at various levels, the report reveals the UAE has been ranked in many of the first places in each of goods market efficiency and the labor market efficiency indexes. The UAE was ranked first globally in the lack of impact of taxes on investment index. And the second place globally on the lack of the tax impact on the labour market and the ability of the state to attract international skills indexes. The UAE also came third place in the global index of lack of tariff barriers and the ability of the state to retain the World skills.
Technological development and innovation
On the readiness of the technology sector, the maturity of the business sector, and higher education and training areas, the UAE has achieved the first position globally in the index of the government spending on new technologies” and the second place globally in the index of provision of specialised trade zones (free zones), and the third place in the global index of foreign direct investment and technology transfer to the state. The state was also ranked fourth globally in the index of the Internet connection to the schools and fifth place in the global index of availability of scientists and engineers in the state.
The Global Competitiveness Report issued by the World Economic Forum (Davos) in Switzerland, is one of the world’s most important reports and issued since 1971, and aims to help countries around the world to identify the obstacles to sustainable economic growth and development of strategies to reduce poverty and increase prosperity. It assesses the countries abilities to provide high levels of prosperity and well-being of their citizens. The report also provides a comprehensive assessment of the strengths and challenges facing the economies of countries.
- Program Celebrated its 50th anniversary at FCSA headquarters in Dubai
Dubai, October 25, 2018
The Federal Competitiveness and Statistics Authority (FCSA) has hosted the third Governing Board Meeting of the International Comparison Program (ICP) at its headquarters in Dubai Festival City, marking the first time the meeting takes place in the Middle East.
Held in collaboration with the World Bank, the meeting was chaired by Statistics Austria, the country’s federal statistical office, and follows the three-day UN World Data Forum 2018, organised by the FCSA in Madinat Jumeirah on October 22-24, bringing together more than 2,500 data experts, policy-makers, and representatives from academia, private companies and civil society organisations (CSOs) from around the world.
FCSA Director General His Excellency Abdulla Nasser Lootah welcomed the Board members to the Authority’s headquarters, congratulating them on the International Comparison Program’s Golden Jubilee. “The initiative has come a long way since 1968 and has evolved into the largest statistical partnership in the world with participation from more than 200 countries, 20 institutions and many renowned experts,” H.E. said.
“The United Arab Emirates joined the programme in 2011 and is fully committed since then to all its requirements,” H.E. Lootah added, noting that the UAE was one of the first countries to implement sub-national Purchasing Power Parity (PPP) in 2015. “We believe that the ICP outcomes are very important for the Sustainable Development Goals (SDGs), national statistics requirements, the UAE National Agenda, and competitiveness reports,” he concluded.
"Producing regular high quality data on Purchasing Power Parities is of utmost importance for reliable international economic comparisons of countries and lies at the heart of the International Comparison Programme. Strong commitment at the highest level as we have seen it from members and observers of the ICP Governing Board in its meeting in Dubai make me confident that the currently running ICP exercise will be a big success.", says Konrad Pesendorfer, Co-Chair of the ICP Governing Board and Director General of Statistics Austria.
The attending Board members discussed the overall progress made in the implementation of the ICP’s 2017 cycle and interim activities, examined regional progress reports, and evaluated outstanding risks and mitigation measures, before concluding the meeting with preparing for the ICP 2020 cycle.
The ICP is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission, with the main objective of providing comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates among countries within and across regions. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects and compares price data and GDP expenditures to estimate and publish purchasing power parities (PPPs) of the world’s economies.
The Governing Board (GB), meanwhile, is a strategic and policy-making body, which sets the policies that govern the production of regional and global PPPs; approves the methodology and any methodological improvements; conducts outreach to policy-makers to ensure the inclusion of the ICP in the national permanent statistical work; and helps with fund-raising at country level to increase national funding for the ICP.
Austria currently co-chairs the ICP Governing Board with India; the Board includes members from Belarus, Brazil, China, Fiji, Saudi Arabia, Senegal, South Africa, Suriname, and the United States, as well as from organisations such as the Asian Development Bank, African Development Bank, International Monetary Fund, Organisation for Economic Co-operation and Development (OECD), Economic Commission for Latin America and the Caribbean, the United Nations Statistics Division, and the World Bank. The Statistical Office of the Commonwealth of Independent States and the United Nations Economic and Social Commission for Western Asia (UN_ESCWA) also serve on the Board as observers.
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