Published: Feb 19, 2024, 05:40 IST | Updated: Feb 19, 2024, 05:40 IST
The United Arab Emirates, long synonymous with oil wealth, is experiencing a paradigm shift. In 2023, their non-oil trade skyrocketed to a record-breaking $953 Billion, a 12.6% increase from the previous year. Exports of goods and services surpassed 1 trillion dirhams for the first time, highlighting the success of their diversification strategy.