The Ministry of Economics organized the forum "The Future of Economics," bringing together economic regulators, experts, leaders of opinions, and representatives of international economic organizations to discuss transformational and contemporary trends shaping the growth and sustainability of regional and global economies. The forum was held in the framework of the 2025 World Summit of Governments under the theme "Forming the Future of Governments."
In his speech at the forum, Abdul bin Touq Al Mari, the Minister of Economics, noted: "Today we gather here to formulate a more sustainable economic future, adopting international best practices." Forum participants discussed issues related to growth perspectives for the regional economy in 2025, inflation problems, the transition to energy-saving technologies, climate change, and investment perspectives, including the ability of governments to adapt to the new global realities.
During the forum, key issues were also considered, such as the development of future technologies, innovations, financial services regulation, and the role of international financial institutions in financing investment gaps and ensuring capital flows into different markets. Special attention was paid to the role of industrial policy in accelerating the transition to achieving zero carbon emissions, stimulating innovations and local manufacturing, as well as increasing the effectiveness and flexibility of important supply chains.
The forum held three panel discussions on key topics, including the formulation of new economic blocks and their role in supporting economic growth, as well as challenges and prospects in the development of regional and global economies, including perspectives on developing markets. Al Mari emphasized the role of sovereign investment funds, especially in the countries of the Soviet Union and Arabian Gulf states, in financing regional and international development projects.
He also noted that sectors unrelated to oil now constitute more than 75 percent of the national GDP, which indicates the diversification of the economy. In conclusion, the minister emphasized that thanks to a unique approach to adaptation to global economic changes and the predominance of regional and global geopolitical challenges, the UAE attracts international experts and successfully develops its own economic sectors.
He also pointed out that the country continues to attract global talent and build fruitful economic partnerships with leading markets both regionally and internationally, positioning itself as a leading global center for business and investments.
