For the first time, 131,000 Emiratis were employed in the UAE's private sector in 2024, marking a remarkable 350% increase. This milestone was highlighted by Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister, during the first Cabinet meeting of 2025. Sheikh Mohammed credited the success to initiatives like the Nafis programme and strict enforcement of Emiratisation policies.
Key Achievements of 2024
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Economic Growth
- Foreign trade surpassed Dh2.8 trillion for the first time.
- Foreign direct investments reached Dh130 billion.
- Industrial exports were valued at Dh190 billion.
- 200,000 new companies joined the UAE's business ecosystem.
- Emirati youth launched 25,000 small and medium enterprises (SMEs).
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Legislative Updates
- A three-year project updated 80% of the UAE's economic, social, and regulatory legislation.
- Over 2,500 officials contributed to this effort, enhancing the country’s business environment.
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Tourism Milestones
- 30 million guests visited tourist facilities in 2024.
- 150 million passengers traveled through UAE airports.
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National Development
- Over 750 national projects and initiatives were launched to foster growth and attract talent.
- 1,300 Cabinet decisions were issued to create a supportive regulatory environment for the next two decades.
Looking Ahead
Sheikh Mohammed emphasized that the UAE is focused on long-term development strategies, ensuring continued economic growth and global competitiveness. The country’s achievements in 2024 highlight its commitment to creating opportunities and fostering innovation across all sectors.
