UAE Minister of Economy expects the national economy to grow by 5-6% in 2025, with strong contributions from sectors like technology, renewable energy, trade, and infrastructure. The UAE's GDP grew by 4.8% between 2021 and 2024, and non-oil sectors now make up 75% of the economy, while OPEC has decided to increase oil production by 138,000 barrels per day starting in April. Additionally, the UAE has partnered with Schneider Electric to support sustainable start-ups, and the GCC food security strategy aims to add $30.5 billion to the regional economy. The UAE stock market has also shown strong growth, with several successful IPOs raising over AED 22 billion in 2024.
The attached monthly report highlights major economic and financial trends unfolding across the UAE and the GCC region.
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