UAE maintains trade leadership and competitiveness: Al Zeyoudi

Minister highlighted that UAE has consistently ranked among the top global trade hubs since 2014, holding the leading position in the Middle East and Africa for trade in goods and Services

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Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the United Arab Emirates, guided by the directives of its wise leadership, continues to advance and maintain its competitiveness on the global trade map.

This was reaffirmed by the latest World Trade Organisation (WTO) report titled “World Trade Outlook and Statistics”.

In a statement to the Emirates News Agency (WAM), Al Zeyoudi highlighted that the UAE has consistently ranked among the top global trade hubs since 2014, holding the leading position in the Middle East and Africa for trade in goods and services, and that trade in services account for 20 per cent of the UAE’s total trade with the world.

He attributed the significant growth in the UAE’s foreign trade to the country’s open economy, its ability to attract investors, flexible policies and regulations, and its Comprehen sive Economic Partnership Agreements (CEPA) programme. These factors have helped forge a global trade network linking the UAE with international markets.

He also underscored the pivotal role of semi-government entities and the private sector in boosting the country’s global trade profile.

Al Zeyoudi revealed that the UAE’s foreign trade continues to achieve significant growth, with preliminary estimates indicating a 26 per cent increase in the first month of 2025.