UAE minister says economy can perform under all conditions

UAE minister says economy can perform under all conditions

Abdulla bin Touq Al Marri, UAE Minister of Economy and Tourism, said in Abu Dhabi that the UAE continues to consolidate an economic model based on openness, continuity and adaptability to global changes. He said the national economy has demonstrated its ability to maintain competitiveness and stability despite geopolitical challenges and regional fluctuations.

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Speaking during the Economy Middle East Summit 2026, he said the UAE did not build its economy solely for times of prosperity, but to perform under all conditions. He said that in a world marked by fragmentation and uncertainty, the advantage will belong to economies that are open, reliable and capable of operating efficiently and consistently.

Al Marri said the region is going through an exceptional phase that has witnessed one of the most serious conflicts in decades. He said the first test under such circumstances is security, the second is continuity, and the third is trust.

He said the UAE's core economic message is that it is an open country that operates efficiently and offers a predictable economic environment. He also cited economic indicators showing average annual GDP growth of around 5% between 2021 and 2025, with non-oil growth at approximately 6.2%.

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He said non-oil activities now account for more than 77% of UAE GDP, while non-oil foreign trade exceeded AED3.8 trillion in 2025 and non-oil exports reached AED813 billion, both record levels.

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Image Credit: UAE WAM News

Source: UAE WAM News

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Breaking-360LiveNews Breaking-360LiveNews | 21 May 2026 19:30 LONDON
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