We are able to overcome challenges as we did before

Hamad Sayyah Al Mazrouei, Undersecretary of the Department of Economic Development in Abu Dhabi, confirmed that the emirate continues to strengthen its position as a strong and resilient economy, supported by a proactive leadership vision and advanced policies that ensure sustainability in various circumstances, saying, “We are able to overcome challenges as we did before.”

He pointed out, during the traders’ forum with decision makers in Abu Dhabi, organized by the Abu Dhabi Chamber of Commerce and Industry, this morning, that Abu Dhabi has achieved 18 consecutive quarters of economic growth, with non-oil sectors contributing more than half of the gross domestic product, which reflects the success of the economic diversification strategy.
Non-oil foreign trade also recorded strong growth at double rates, coinciding with the confirmation of the emirate’s high credit ratings with a stable outlook in March 2026.

In light of the current challenges, Al Mazrouei explained that the government moved quickly and efficiently, as an integrated package was activated to enhance the flexibility of the financial sector in cooperation with the Central Bank, in addition to forming a unified economic work team to ensure the continuity of supply chains and the uninterrupted flow of goods.

He added that the competent authorities have carried out more than 2,200 inspection tours since the beginning of March, resulting in 500 warnings and 130 violations to control markets and prevent unjustified increases in prices, while implementing comprehensive daily oversight that extends to suppliers and foreign markets.

He stressed that markets and commercial activities would continue to operate normally, without any impact on licenses, trade movement, or investment services, while maintaining the stability of vital sectors such as building and construction.

Al Mazrouei stressed that all measures taken aim to protect business continuity and enhance market confidence, calling on the business community to take advantage of the “Merchants Forum” platform to communicate directly with decision makers and contribute to formulating economic policies.

He concluded by emphasizing that Abu Dhabi will continue its journey with confidence, and work in partnership with the private sector to build a stronger and more resilient economy in the face of challenges.