The United Arab Emirates (UAE) reported a 3.7% increase in its gross domestic product (GDP) for the first half of the year, with non-oil sector growth surging by 5.9%. The non-oil sector now accounts for over 70% of the UAE s GDP, reflecting the country s efforts to diversify its economy away from oil and toward knowledge-based industries.
Abu Dhabi’s gross domestic product (GDP) exceeded Dh1 trillion last year at a growth rate of 9.3 per cent with 50 per cent contribution from the non-oil se..