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The report by the UAE Ministry of Investment highlights that the value of the gross domestic product (GDP) from the financial services sector increased from 9.3% in 2018 to 10% in 2024, indicating that the sector has reached approximately 178 billion dirhams. According to the report, the UAE has evolved into a global financial hub, transitioning from a resource-dependent economy based on hydrocarbons to a global investment platform. Institutions such as the Dubai International Financial Centre and Abu Dhabi Global Market support economic diversification and attract foreign investments through flexible regulatory frameworks and a business-friendly environment. Additionally, the UAE demonstrated high resilience during global crises, implementing support measures including robust economic relief plans, which strengthened its position as a safe and attractive destination for capital.
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