The minister called for calm among consumers, assuring that food supplies remain stable and sufficient.
Dubai: The UAE is “resilient and structured to withstand economic shocks,” the country’s Minister of Economy and Tourism said in an interview with CNBC following recent regional attacks.
According to a transcript of the interview on “Access Middle East” with Dan Murphy, shared with Gulf News, Abdulla Bin Touq Al Marri addressed concerns surrounding economic growth, trade flows and supply chain stability.
On the broader economic outlook, he said short-term tensions would not alter the UAE’s long-term trajectory.
“When we look at the UAE from a long-term perspective, the growth story remains intact. The geopolitical tensions and temporary disruptions we have seen in the past do not significantly change the country’s long-term outlook,” he said.
He added that while such events may cause short-term fluctuations affecting business continuity, the economy would continue to expand.
“There may be some initial volatility, but it will stabilise and return to growth. The UAE has built a strong character defined by boldness and resilience, supported by robust systems that enable it to navigate challenges effectively.”
On trade flows
Addressing trade flows, including operations at Jebel Ali, the minister said goods continue to move smoothly through the country’s ports.
“We have uninterrupted supply chains across all ports, not just Jebel Ali. The UAE benefits from diversified storage facilities and strong logistical networks,” he said.
He added that authorities have been coordinating closely with retailers, while inspectors have been deployed to markets to ensure food availability and price stability for consumers.
“The key factor here is consumer behaviour,” he said.
He urged residents to avoid panic buying. “Consumers should focus on purchasing what they need, rather than stockpiling unnecessarily. The UAE maintains stable storage capacity and continuity across its systems. It is important to reassure everyone that the country’s supply chain remains fully operational.”
“We have been building this level of preparedness for many years. It is embedded in our national strategies, our systems and our legislation,” he said.
“The UAE is always ready to face any situation or challenge. We respond decisively, and that is what we are doing today — and what you will continue to see in the future.”
Could the situation worsen?
Asked whether the situation could deteriorate further, he expressed hope for de-escalation.
“I hope the situation improves. The most important priority is for matters to return to diplomatic dialogue — back to the conference rooms where negotiations should take place,” he said.
He stressed that diplomacy remains the most effective way to manage tensions.
“We have consistently called for de-escalation and emphasised the importance of diplomatic channels. Dialogue and negotiation are essential in handling situations like this. We urge all parties to return to diplomatic engagement to ensure stability is restored.”
