Economy and Development
Non-Oil Sector to Be UAE's Main Engine of Economic Growth by 2031
UAE Sets Sights on Non-Oil Sector as Main Economic Driver by 2031
The UAE is rapidly shifting its economic focus from oil to non-oil sectors, which now contribute 75% of its GDP. Backed by strategic reforms, global trade deals, and strong growth in tourism, tech, and finance, the country recorded a 3.8% GDP rise in 2024. Abu Dhabi led with 6.6% non-oil sector growth, reinforcing the UAE’s long-term vision of becoming a diversified, innovation-driven economy by 2031.
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