UAE Economy Demonstrates Resilience and Strong Diversification Amid Global Challenges: Bin Touq
Dubai, The Gulf Observer: Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said the United Arab Emirates continues to strengthen an economic model built on openness, continuity, and adaptability to global developments, despite ongoing geopolitical challenges and regional fluctuations.
Speaking during the Economy Middle East Summit 2026, Bin Touq said the UAE had not built its economy solely for times of prosperity, but designed it to perform effectively under all conditions.
He stressed that in a world increasingly shaped by fragmentation and uncertainty, the competitive advantage would belong to economies that remain open, reliable, and capable of operating efficiently and consistently.
Bin Touq noted that the region is currently experiencing an exceptional phase marked by one of the most serious conflicts in decades. He explained that under such circumstances, the first test is security, the second is continuity, and the third is trust.
He emphasized that the UAE’s core economic message to the world is that it remains an open country with an efficient operating environment and a predictable economic framework.
Highlighting the country’s economic performance, the minister said the UAE recorded an average annual GDP growth of around five percent between 2021 and 2025, while non-oil sectors achieved growth of approximately 6.2 percent.
He added that non-oil activities now contribute more than 77 percent of the UAE’s gross domestic product, while the country’s non-oil foreign trade exceeded AED3.8 trillion in 2025. Non-oil exports also reached a record AED813 billion.
According to Bin Touq, these figures demonstrate that economic diversification in the UAE is no longer just a strategic ambition, but a reality clearly reflected in the structure of the national economy.
