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Sheikh Maktoum bin Mohammed – Finance and economic leadership
Finance & Economy

Finance &
Economic Leadership

As UAE Minister of Finance, His Highness drives fiscal policy, public investment, and the economic strategy powering one of the world's fastest-growing economies.

UAE by the Numbers

Key economic indicators reflecting the strength and trajectory of the UAE's economy under His Highness's financial stewardship.

$0B
UAE GDP (2024)
0.5%
GDP Growth Rate
#0
Global Competitiveness
0%+
Non-Oil GDP Share

Stewarding the Nation's Finances

As Minister of Finance, His Highness Sheikh Maktoum oversees the formulation and execution of the UAE's fiscal policy, management of federal revenues and expenditures, and the coordination of economic strategy across government entities.

The Ministry of Finance under his leadership has pursued several transformational objectives: a zero-deficit fiscal framework, the diversification of public revenue sources, the enhancement of government spending efficiency, and the creation of an investment-friendly regulatory environment that attracts global capital.

His Highness has been instrumental in advancing the UAE's position within international financial institutions, including the International Monetary Fund, World Bank, and the Gulf Cooperation Council's ministerial frameworks.

Sheikh Maktoum – Ministry of Finance leadership

Economic Priorities

The key areas of focus driving the UAE's economic growth and global financial positioning.

Economic Diversification

Moving the UAE's economy beyond hydrocarbon dependence through strategic investment in technology, tourism, logistics, financial services, and creative industries — creating a resilient, multi-sector economic base.

Fiscal Sustainability

Implementing prudent fiscal policies that ensure long-term financial stability, including the introduction of corporate tax frameworks, efficient public spending, and sovereign wealth fund management.

Global Investment Hub

Positioning the UAE as the world's premier destination for foreign direct investment through regulatory reform, free zone expansion, golden visa programmes, and bilateral trade agreements.

Digital Finance & Fintech

Championing the adoption of digital currencies, central bank digital frameworks, and fintech innovation to modernise the financial system and enhance financial inclusion.

Public-Private Partnerships

Leveraging partnerships between the government and private sector to deliver infrastructure, social services, and innovation-driven growth at scale and with efficiency.

Financial Governance

Strengthening regulatory frameworks, anti-money laundering measures, and corporate governance standards to uphold the UAE's reputation as a trustworthy global financial centre.

Growth Trajectory

Post-Oil Transition

Over 70% of the UAE's GDP now comes from non-oil sectors — a testament to decades of deliberate diversification strategy championed by leaders including His Highness.

Financial Centre Excellence

Dubai International Financial Centre (DIFC) has grown into one of the world's top 10 financial centres, hosting over 4,000 companies and managing trillions in assets.

Trade & Logistics Hub

The UAE has become one of the world's largest re-export hubs, with Dubai's Jebel Ali Port processing over 15 million TEUs annually and connecting global supply chains.

"A nation's economy is not built on resources alone — it is built on the ambition, creativity, and determination of its people and institutions."

— His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum