UAE Business Leaders Project Economic Growth Sustained by FDI and Non-Oil Trade

UAE private sector leaders and heads of major business conglomerates have issued a series of directives and outlooks following the 53rd UAE Union Day, detailing growth expectations for 2025. Senior executives from across the aviation, retail, and real estate sectors emphasized the current economic stability and the tangible impact of recent foreign direct investment (FDI) inflows on regional operations. Private Sector Economic Outlook The business leaders highlighted specific areas of expansion, noting that the non-oil sector continues to drive the majority of domestic GDP growth. According to sector-specific briefings, retail and tourism entities reported high consumer confidence indices during the fourth quarter of 2024. These figures coincide with the UAE’s focused efforts to increase the private sector’s contribution to the national economy through the Nafis program and various free zone incentives. FDI and Infrastructure Projects Major corporate groups indicated that their 2025 budgets are geared toward digital transformation and infrastructure scaling. The statements from these business titans focused on the necessity of maintaining the UAE's competitive edge in logistics…