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UAE National Day: Exploring remarkable economic milestones of Gulf state

 


The UAE leadership and its people are proudly celebrating their 53rd National Day, also called Eid al-Etihad. In recent years, the country has made great progress in legislation, space exploration, sustainability, housing, infrastructure and education.

The UAE has been reinforcing its global trade relationship by concluding approximately 18 comprehensive economic partnership agreements this year. The country’s non-oil foreign trade is nearing Dh1.4 trillion in just six months.

In 2024, the Emirati leadership amplified their commitment to sustainability, designating the year as the ‘Year of Sustainability’. The UAE has a notable focus on climate action. Expo City Dubai hosted the COP28 Summit in 2023, convening participants from more than a hundred countries.

The UAE’s tourism sector is also something that needs to be highlighted. Millions of people flock to the country each year to explore it. The revenues generated by hotel establishments in the country surpassed Dh24.6 billion in the first half of 2024.



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