His Highness HH Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister of the UAE, has announced a historic milestone: the UAE’s foreign trade has reached AED 3 trillion ($816 billion) by the end of 2024—a record achievement.
While global trade grew by just 2% in 2024, the UAE surged ahead with an impressive 14.6% growth—seven times the global rate.
Under the leadership of His Highness HH Sheikh Mohamed bin Zayed Al Nahyan, UAE Comprehensive Economic Partnership Agreements added AED 135 billion ($37 billion) to non-oil trade, marking a 42% increase over the previous year. In 2021, the UAE set an ambitious goal: AED 4 trillion ($1.09 trillion) in annual foreign trade by 2031. By the end of 2024, UAE have already achieved 75% of that target—on track to surpass it years ahead of schedule. The UAE is shaping its own economic future with clear vision, bold ambitions, and strong global partnerships.
UAE focus remains: progress over politics, partnerships over division, and prosperity through stability. Success belongs to those who know where they are headed—and the UAE is moving forward with confidence.
SOURCE & CREDITS: Linkedin Post di Mohamed Naser Al Zaabi