His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced a historic milestone as the UAE's non-oil foreign trade exceeded $1 trillion (Dhs3.8 trillion) for the first time, reflecting a remarkable 26% growth compared to the previous year. This achievement underscores the nation’s thriving investment environment and the growing strength of its global partnerships.
Sharing this significant accomplishment on his "X" account, Sheikh Mohammed highlighted that non-oil export alone reached an impressive Dhs813 billion, marking an extraordinary 45% rise from the previous year.
He emphasized that this growth aligns with national economic targets set three years ago for completion by 2031, with 95% of these objectives already achieved—five years ahead of schedule.
Sheikh Mohammed attributed this success to the UAE's robust investment climate, stronger international relations, enhanced collaboration with the private sector, and increased global confidence in the country's economic potential.
He extended his congratulations to the national teams for their dedicated efforts and encouraged them to continue strengthening partnerships with the private sector to ensure a prosperous economic future.