The UAE economy is set to grow faster than previously forecast, according to the Central Bank’s latest quarterly outlook. The regulator now expects GDP to expand by 4.9% in 2025, before accelerating to 5.3% in 2026.
The revised outlook reflects stronger momentum in non-oil sectors and a rebound in hydrocarbons. Outside of oil, it was manufacturing, financial services, construction and real estate that were key drivers of this performance.
The central bank said the figures underscore the UAE’s balanced economic expansion across both energy and diversified industries.
Gulf Economist Staff Writer