On the occasion of the 54th Union Day…the Gulf Statistical Center reviews the most prominent economic indicators in the Emirates

In a special edition on the occasion of the 54th Union Day of the UAE, the Statistical Center for the Cooperation Council for the Arab States of the Gulf reviewed the most prominent social and economic indicators achieved by the United Arab Emirates.

The release noted that the UAE achieved first place regionally and seventh globally in social cohesion, which reflects the solidity of the Emirati social structure.

The release indicated that the economic plans are on a clear path, starting with diversifying sources of income, building a knowledge economy, and ending with leading the sectors of the future. It explained that the country has witnessed economic and strategic transformations that include the launch of the UAE Strategy for Artificial Intelligence 2031 to make technology the pillar of development, and adopting plans for food and water security extending until the years 2036 and 2051 to ensure sustainability, with the development of smart cities in Dubai, Abu Dhabi and Fujairah. According to horizontal plans until 2040, in addition to expansion in the sectors of technology, space, renewable energy and advanced industries.

The UAE has made qualitative leaps in competitiveness indicators, reaching fifth place globally in comprehensive competitiveness by 2025, and has achieved global leadership in 223 indicators according to the latest competitiveness reports, in addition to being among the top five countries globally in 444 indicators.

It also achieved tenth place globally in soft power, and first place globally in entrepreneurship for the fourth year in a row.

The release stated that UAE sovereign funds are considered one of the strongest investment arms globally. It is not limited to wealth management, but rather plays a strategic role in securing the future and enhancing economic strength.

The release pointed out that the UAE has transformed from a smart government to a society based on artificial intelligence, achieving first place globally in communications infrastructure, second place globally in artificial intelligence readiness 2025, and completing the first government transaction with the “Digital Dirham” in an unprecedented historical step in the region, with the digitization of more than 90% of government services, and occupying first place globally in digital and technological skills.

The release added that the UAE has launched huge investments to be at the forefront of countries leading the global energy transition, as it has placed investments exceeding 600 billion dirhams in renewable energy until 2050. It has adopted the national strategy for green hydrogen, which aims to produce 15 million tons by 2050, and the UAE has achieved sixth place globally in talent supporting the green transformation.

The release noted that the UAE has transformed within a few years into an Arab and international space power, as the Hope Probe reached Mars as the first Arab mission to the Red Planet, and is also working on a project to explore the asteroid belt in 2028, and the Mars settlement project in 2117 as one of the largest future projects in the world.