The UAE’s commerce in telecommunication companies elevated by 4.3 % in 2024, reaching AED10.2 billion, in comparison with AED9.8 billion in 2023, in response to information launched by the Federal Competitiveness and Statistics Centre (FCSC).
This progress was largely pushed by a powerful efficiency within the fourth quarter of 2024, which recorded a year-on-year enhance of 12.95 %, bringing the quarterly commerce worth in telecom companies to AED2.70 billion.
The info additionally revealed that telecom service exports rose by 6.49 % in 2024 to AED4.9 billion, whereas imports grew by 2.38 % to AED5.3 billion.
The fourth quarter recorded the very best share of annual telecommunications commerce at 26.45 %, adopted by the third quarter at 25.34 % (AED2.59 billion), the second quarter at 25.05 % (AED2.56 billion); and the primary quarter at 23.17 % (AED2.37 billion).
This strong efficiency underscores the strategic function of the telecom sector in supporting the UAE’s digital financial system, the growth of e-commerce, and the event of technological infrastructure.
FCSC is a authorities centre affiliated with the Ministry of Cupboard Affairs. FCSC was established to develop and improve the UAE’s efficiency within the areas of world competitiveness, statistics and information, and to help the nation’s journey in reaching UAE’s Centennial Plan 2071.
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