Today's Edition
MAYS IBRAHIM (ABU DHABI)
The UAE’s non-oil exports surged to $579 billion in the first nine months of 2025, three times their 2019 level, Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said at Abu Dhabi Finance Week (ADFW) on Monday.
Non-oil exports now account for nearly 22% of the country’s total non-oil trade,
he said.
“Today, trade remains the cornerstone of our economic progress and prosperity, fuelling our industrial growth, sharpening our competitive edge and empowering our innovation,” Dr Al Zeyoudi said. “This is why we continue to set the highest targets for non-oil foreign trade.”
He noted that Abu Dhabi has emerged as the “capital of capital” under the visionary leadership of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan.
As of October 2024, the city’s sovereign wealth funds manage $1.7 trillion in assets. The UAE’s total sovereign wealth funds now stand at $2.5 trillion, making the country a global leader in capital deployment.
“This is not just an investment story; it is a national ambition story,” Dr Al Zeyoudi said.
The UAE aims to reach $4 trillion in non-oil trade by 2031, including $800 billion in non-oil exports. In the first nine months of 2025, non-oil trade reached $2.7 trillion, a 25% increase over the same period last year.
The minister added that the UAE continues to pursue joint partnerships, reduce trade barriers, and collaborate with the private sector, leveraging supply chains and customer-centric approaches to support export growth. He noted that the country remains on track to meet its ambitious 2031 targets.
