Future Of The Economy Forum Explores Trends Influencing Global Economic Growth In 2025

The Ministry of Economy hosted the "Future of the Economy" forum, gathering economic policymakers, experts, and international organisation representatives. The event focused on transformative trends influencing regional and global economic growth and sustainability. It also examined evolving trade dynamics and global economic developments. This forum was part of the World Governments Summit (WGS) 2025, held from 11th to 13th February under the theme "Shaping Future Governments".

Abdulla bin Touq Al Marri, Minister of Economy, emphasised the UAE's dedication to fostering dialogue with experts and policymakers. He stated that the forum aims to explore trends shaping the global economy for adaptability and sustainability. Al Marri remarked, "Today, we have gathered here to shape a more robust economic future by embracing international best practices." He stressed cooperation in formulating strategies that bolster economic growth.

The forum featured three panel discussions on key topics. These included innovative industrial policies, new economic blocs supporting growth, and regional growth opportunities in 2025. Discussions also covered economic and geopolitical challenges hindering growth and promising opportunities in emerging markets. The first session explored transitioning towards innovation-based policies and balancing open markets with national priorities.

Al Marri highlighted the UAE's unique approach to adapting to global changes under wise leadership guidance. The country has focused on Emiratisation of technology and innovation in crucial sectors while introducing flexible policies for diversification. Consequently, non-oil sectors now contribute over 75 percent to the national GDP. The UAE continues attracting global talent and forming partnerships with leading markets worldwide.

The second panel discussion examined major economic blocs' significance in enhancing trade growth and achieving shared benefits for countries. It highlighted enhancing integration amid recent global shifts. Participants reviewed future technology trends, digital finance boundaries, and international financial institutions' roles in bridging investment gaps across markets.

The third session addressed governments' responses to inflation, energy transitions, climate change, and investment opportunities. Participants discussed governments' adaptability to new global realities. They shared insights on how these factors impact regional economies' growth prospects by 2025.

Sovereign Wealth Funds' Role

The Minister of Economy underscored sovereign wealth funds' importance in financing development projects regionally and globally. These funds significantly influence emerging market investments due to their alignment with sustainable goals. Particularly within Gulf Cooperation Council (GCC) countries, these funds play a crucial role in shaping investment landscapes.

Al Marri noted that the UAE has become a hub for startups and entrepreneurs through fruitful partnerships with leading markets regionally and globally. He stated that "the UAE continues to attract global talent," positioning itself as a prominent business and investment centre.

The forum concluded by highlighting industrial policies' role in accelerating net-zero carbon emissions transition through innovation-driven local production. It emphasised enhancing vital supply chains' efficiency and flexibility while driving innovation across sectors.

With inputs from WAM