The UAE's economy grew by 3.8% year-on-year in the third quarter
Recently, the UAE Federal Centre for Competitiveness and Statistics released the latest data showing that the UAE's real gross domestic product (GDP) grew by 3.8% year-on-year in the first three quarters of 2024, reaching 1.322 trillion dirhams. Among them, the non oil sector performed strongly, growing by 4.5% to reach 987 billion dirhams, accounting for 74.6% of GDP, fully reflecting the success of the UAE's economic diversification strategy.
