ABU DHABI, 9th October, 2022 (WAM) — The Emirates News Agency (WAM) has produced a documentary, titled “The UAE’s Economy: Home of Opportunity”, which chronicles paradigm shifts introduced in the UAE’s economic policies over the past 50 years to enhance ease of doing business and woo foreign investors.
Documenting how the UAE’s growth trajectory has been spectacular when viewed over a longer timeline, the 24-minute film, to be broadcast in 12 languages, provides an in-depth analysis of the coveted economy of a country that has made history with giant leaps into space.
The documentary details the surge in the country’s GDP from AED58.3 billion in 1975 to AED1.489 trillion in 2021, and the growth of its non-oil foreign trade from AED1.13 billion in 1971 to AED1.786 trillion in 2021.
It features the testimonials of ministers, officials, experts and investors from the UAE and abroad, wherein they cite the country’s economic stability and international partnerships as the bedrock for a thriving business-conducive environment.
The UAE’s robust foreign trade ties with China, India, and the USA are particularly featured in the film, where the three nations are reported to be accounting for 12.5 percent, 9.2 percent, and 5 percent of the UAE’s non-oil trade in 2021, respectively.
Abdullah bin Touq Al Marri, Minister of Economy, is quoted in the film as saying…