UAE economy ministry: Has strategic reserves of staple goods - state news agency

UAE economy ministry: Has strategic reserves of staple goods - state news agency

UAE Economy Ministry Confirms Strategic Reserves of Staple Goods to Ensure Market Stability

The UAE Ministry of Economy has reaffirmed the country's strategic reserves of essential goods, underscoring its commitment to maintaining market stability and supply chain resilience. According to state news agency WAM, the ministry emphasized that these reserves are part of a broader strategy to safeguard against disruptions and ensure uninterrupted access to staple products for consumers and businesses.

The announcement aligns with the UAE's broader economic principles, which prioritize sustainability, resource management, and long-term planning. The country's economic framework includes robust financial reserves, advanced infrastructure, and a diversified economy, all of which contribute to its ability to mitigate risks associated with global supply chain volatility. The ministry also highlighted ongoing field inspections to monitor market conditions and enforce price stability, mirroring similar measures adopted by regional neighbors such as Qatar.

Recent developments further reinforce the UAE's proactive approach to resource security. In February 2026, the UAE and the United States signed a critical minerals and rare earths framework to strengthen supply chain coordination. This agreement, which includes leveraging the UAE's strategic reserves and U.S. stockpiling infrastructure, aims to reduce reliance on single sources of supply and enhance global access to critical resources.

The UAE's economic resilience is supported by its open-market policies, strong financial systems, and investment-friendly environment. Ranked 16th globally in the World Bank's Ease of Doing Business Index in 2020, the UAE continues to attract foreign direct investment through incentives such as 100% foreign ownership in free zones and low customs tariffs.

By maintaining strategic reserves and fostering international partnerships, the UAE demonstrates its capacity to navigate economic uncertainties while supporting long-term growth and investor confidence.