UAE Economy & Tourism Minister Abdulla Bin Touq Al Marri told Bloomberg the nation is countering economic fragmentation with a push for diversification. Non-oil sectors now contribute about three-quarters of GDP, and the country expects 4–5% growth this year. He cited strong foreign investment inflows as a key factor.

Speaking from Davos, Al Marri emphasized that tourism's expanding role is central to the UAE's economic resilience. The strategy reflects a broader shift away from oil dependence, a move that has accelerated over the past decade as the country invests in infrastructure, finance, and technology hubs to attract global capital.

This diversification matters for investors because it reduces the UAE's vulnerability to oil price swings. As protectionist policies rise globally, the Emirates is positioning itself as a stable hub for business. Watch for further details on specific investment deals and tourism targets in the coming months.