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Know Our Goal…

Enhancing the Contribution of the Cooperative Sector in the National Economy

The UAE seeks to develop a sound, robust and sustainable cooperative sector that actively contributes to its GDP, while demonstrating the ability to respond to the economic and social needs of the community and to fulfil the objectives of UAE Centennial 2071. This is being achieved by establishing more diverse, resilient and sustainable economic foundations, driven by qualified national leaders. The success achieved by global cooperatives over the previous decades is a testament to their economic and social importance, to both their respective members and to the communities at large.

In this page
Facts and Figures

Cooperative Economy in the UAE

AED 7,5 billion

Volume of activities

AED 3,4 billion

Capital

42

Cooperatives and
2 cooperative unions

103,910 thousand

Member shareholders in 2022

13,587 thousand

Employees

AED 55,6 million

Amount of cooperative contributions

Facts and Figures

Global Cooperative Economy

$2 trillion

Total turnover of 300 major global cooperatives

1 billion

Cooperative members globally

1.4 million

Cooperative members in Singapore (representing 25% of the population)

Statistics on UAE Cooperatives

Numbers are in AED
The number of cooperatives and branches in the UAE

Current Status

Cooperatives contribute

less than 1%

to GDP

Responsive Image

Target

Cooperatives to contribute

more than 5%

to GDP by 2031

Number of Shareholders

2008
45,296
2013
68,242
2018
92,772

Learn About Various Cooperative Sectors

Housing Cooperatives

Provide housing services

Health Sector

Provides healthcare services

Financial and Banking Sector

Provides financial and banking services

Tourism Sector

Provides tourism services

Creative Industries

Provides artistic goods, services and creative designs

Technology and Digitisation

Provides digital technology solutions

Consumer Sector

Provides consumer needs at reasonable prices

Agricultural and Livestock Sector

Provides everything related to agriculture and livestock

Education Sector

Provides services related to the educational process

Our plans to develop the cooperative sector in the UAE

  • Raising awareness of the objectives, roles and importance of cooperatives
  • Introducing the best international practices in the cooperative sector
  • Encouraging the establishment of cooperatives to meet the growing needs of community members
  • Ensuring the improvement of the cooperative sector performance according to the latest standards
  • Following-up and monitoring the performance and data of the cooperative sector in the UAE
We’ve Got Your Back…

We Support Efforts that Seek to Establish New Cooperatives in the UAE

We are set on expanding the base of shareholders in existing cooperatives, and promoting the establishment of cooperatives in promising and new sectors, such as renewable energy, financial services, insurance, tourism, health, technology, innovation, creative industries and agricultural technology. This, in turn, will provide new job opportunities and fulfil the various needs of community members.

The Establishment of a Cooperative Association in the UAE

Federal Law No (13) of 1976 sets out the requirements and procedure for establishing cooperative associations, monitoring and controlling their activities, as mandated by the Ministry of Economy.

Cooperative Associations Legislations

Federal Law No (6) Issued on 2022 concerning Cooperative Associations defines cooperative associations, membership provisions, shares, branches, articles of incorporation, model bylaws, the procedures for establishing associations in the UAE, the formation of boards of directors and the meeting of the general assembly.

Federal Law No (6) Issued on 2022 concerning Cooperative Associations defines cooperative associations, membership provisions, shares, branches, articles of incorporation, model bylaws, the procedures for establishing associations in the UAE, the formation of boards of directors and the meeting of the general assembly.

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