Islamabad, Aug 25: “Prime Minister of Pakistan Shahbaz Sharif extends felicitation to President of UAE Mohammad Bin Zaid on exponential increase in trade volume of UAE in the first half of 2024”. In his tweet
I extend our heartfelt congratulations to my brother, H.H. Sheikh Mohamed Bin Zayed, on UAE posting 11% increase in foreign trade to the tune of 1.39 trillion dirhams ($397 billion) during the first half of 2024. This figure represents an impressive increase in the UAE’s non-oil exports and foreign trade.
The UAE’s focus on foreign trade as part of overall economic strategy has been instrumental in driving industrial growth, boosting competitiveness and fostering innovation. Over the years, the UAE has emerged as a reliable global trade partner and facilitator under the able leadership of H.H. President Mohamed bin Zayed. It also reflects an increased international confidence in the UAE economy’s resilience and massive potential for growth.
The credit for this impressive economic performance goes to the dynamic leadership of H.H. President Mohamed bin Zayed. It is a great step forward towards realizing his vision of turning UAE into a global trade hub.