Non-Oil Sectors Surpass 50% of Abu Dhabi’s GDP, Highlighting Accelerated Economic Transformation

Davos | EcoPulse24

Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development, stated that non-oil sectors now account for more than 50% of the emirate’s GDP - a clear indication of successful economic diversification and the rapid development of a sustainable, innovation-based economy built on global partnerships.

Speaking at the World Economic Forum 2026 in Davos, Switzerland, Al Zaabi highlighted the importance of intensifying international dialogue amid major global economic shifts. He stressed the need to develop innovative solutions for current and future challenges and to strengthen collaboration between governments, the private sector, and financial institutions.

Al Zaabi explained that the UAE, through a proactive approach based on partnership and integration, continues to build bridges with major economies and trade partners, enhancing investment flows and supporting business growth locally, regionally, and globally. He noted that the active participation of UAE economic entities at Davos reflects the country’s commitment to shaping the global growth agenda.

He added that Abu Dhabi’s business ecosystem, characterized by close coordination among the government, regulators, and investors, has led to an 82% increase in new companies over the past five years, alongside a notable rise in foreign direct investment. This has been underpinned by continuous improvements in regulatory frameworks and the business environment.

Al Zaabi emphasized that Abu Dhabi’s economy leverages strategic public-private partnerships, both domestically and internationally, to integrate advanced technologies with sustainability, human development, and economic growth goals. The emirate continues to establish itself as a capital for global investment by offering stability, clarity, and long-term confidence to investors.

Regarding government transformation, he noted that Abu Dhabi is accelerating its transition to an AI-driven government, prioritizing good governance and advanced regulatory and ethical frameworks for data protection - balancing rapid innovation with security and accountability requirements.

Al Zaabi pointed out that Abu Dhabi’s proactive approach enhances supply chain resilience, advanced industries, and future sectors, reinforcing its position as a trusted global partner. Investments in renewable energy, climate finance, and sustainable manufacturing reflect the emirate’s commitment to global climate goals and the sustainable development agenda.

EcoPulse24 Analysis
Statements from Davos indicate that Abu Dhabi has moved beyond economic diversification to leading non-oil growth, with increasing weight given to advanced technologies, institutional investment, and digital governance. The non-oil sector’s contribution exceeding 50% boosts the emirate’s appeal for long-term capital, reduces vulnerability to commodity cycles, and paves the way for more sustainable growth in the coming years.