UAE economy to exceed 3.1% growth in 2026, driven by diversification and investment

Abu Dhabi: Abdulla bin Touq Al Marri, Minister of Economy and Tourism, affirmed that the UAE economy remains strong and resilient, continuing to achieve sustainable growth rates while demonstrating a high capacity to adapt efficiently and flexibly to geopolitical developments across the region and the world.He attributed this strength to the country’s clear national vision and leadership directives aimed at enhancing economic diversification, particularly in new economy sectors where the UAE has achieved leading global positions and reinforced its status as a model economic hub.In statements to the Emirates News Agency (WAM) on the sidelines of ‘Make it in the Emirates 2026,’ he said that current global challenges have not impacted the UAE economy, which is built on diversification and strong partnerships with some of the world’s largest economies. This has positioned the UAE as a key destination for foreign direct investment and strengthened its appeal as a preferred hub for investors seeking an advanced environment that supports sustainable economic growth.Al Marri projected that the UAE economy will grow by more than ‘3.1% in 2026’, according to estimates by international institutions, as the country continues to attract new businesses and witness ongoing expansion.He noted that the number of registered companies in the UAE has exceeded ‘1.4 million’, while the contribution of non-oil sectors to GDP has reached ‘78%’, reflecting the country’s success in building a strong, diversified economy and its steady progress toward surpassing ‘80% non-oil contribution’.