{"id":895,"date":"2026-02-01T09:28:43","date_gmt":"2026-02-01T09:28:43","guid":{"rendered":"https:\/\/www.worldwatchalert.com\/?p=895"},"modified":"2026-02-01T09:28:44","modified_gmt":"2026-02-01T09:28:44","slug":"sheikh-mohammed-announces-record-surge-in-uae-non-oil-exports","status":"publish","type":"post","link":"https:\/\/www.worldwatchalert.com\/?p=895","title":{"rendered":"Sheikh Mohammed announces record surge in UAE non-oil exports"},"content":{"rendered":"\n<p><strong>Dubai:<\/strong> The United Arab Emirates\u2019 non-oil foreign trade has crossed the $1 trillion mark for the first time, a major milestone in the country\u2019s efforts to diversify its economy away from hydrocarbons, Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum said on Friday.<\/p>\n\n\n\n<p>Posting on social media platform X, Sheikh Mohammed \u2014 who also serves as the UAE\u2019s vice president and prime minister \u2014 said non-oil trade reached 3.8 trillion dirhams, reflecting a 26% increase from the previous year.<\/p>\n\n\n\n<p>He said non-oil exports rose sharply to 813 billion dirhams, marking a 45% year-on-year growth.<\/p>\n\n\n\n<p>According to Sheikh Mohammed, the country has already achieved 95% of its non-oil trade targets set for 2031 \u2014 five years ahead of schedule \u2014 highlighting what he described as a strengthening investment climate and expanding global partnerships.<\/p>\n\n\n\n<p>\u201cThe investment ecosystem is now complete, international partnerships have doubled, and cooperation with the private sector has deepened,\u201d he said, adding that the UAE economy is poised for further progress.<\/p>\n\n\n\n<p>He also called on national institutions to speed up economic initiatives and enhance collaboration with the private sector to ensure sustained growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai: The United Arab Emirates\u2019 non-oil foreign trade has crossed the $1 trillion mark for the first time, a major milestone in the country\u2019s efforts to diversify its economy away&hellip; <\/p>\n","protected":false},"author":1,"featured_media":896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[821,822,818,820,819],"class_list":["post-895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-gulf-diversification","tag-middle-east-business","tag-non-oil-trade","tag-sheikh-mohammed-bin-rashid","tag-uae-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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