The Abu Dhabi Export Office of the Abu Dhabi Fund for Development confirmed that the increase in the non-oil foreign trade of the UAE during the first quarter of this year 2022 to about 500 billion dirhams, achieving a growth of 20.5% and reaching for the first time in the history of the country to nearly half a trillion dirhams, is a pioneering achievement for the UAE It places its national economy at an advanced stage on the world trade map.
Mohammed Saif Al Suwaidi
Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development and Chairman of the Executive Committee of the Abu Dhabi Export Office (ADEX), said that the UAE, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, may God protect him, has succeeded in establishing its position as a global economic center and an ideal environment for trade. and industry due to its advanced infrastructure. He explained that the rise in total non-oil exports to 218.5 billion dirhams by the end of the first quarter of this year, a growth of 19.1%, confirms the efficiency and strength of the national economy in support of the sustainable development process for the next fifty years.
He added that this exceptional achievement embodies the wise leadership’s interest in supporting the trade and industry sectors, as they are the most important drivers supporting the growth of the national economy, and basic pillars for diversifying income and achieving comprehensive development, noting that the Abu Dhabi Exports Office is keen to support the national economy and enhance the UAE’s economic leadership and leadership on the regional and global levels.
Khalil Fadel Al-Mansoori
For his part, Khalil Fadel Al Mansouri, Acting Director General of the Abu Dhabi Exports Office, said that this historic achievement is an indication of the success of the forward-looking vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, may God protect him, in building solid foundations that contributed to the growth and prosperity of the sectors of the future economy.
He stressed that His Highness’ vision has strengthened the strength and resilience of the national economy and contributed to enhancing the economic diversification of the UAE and consolidating its leading position among the most competitive economies at the regional and global levels. (wam)