The UAE economy is expected to grow by 4.9% in 2025, which is higher than the 4.4% growth rate that was predicted earlier this year, according to the recent quarterly review issued by the state’s central bank.
The growth momentum is likely to continue until 2026, when GDP (GDP) is expected to reach 5.3%.
This growth is based on the strong momentum expected in non -oil activities, in addition to the increase in the oil and gas sector after modifying the OPEC+production shares.
It is expected that the non -oil gross domestic product will increase by 4.5% this year with 4.8% in 2026. In contrast, the oil and gas sector is expected to expand by 5.8% in 2025 and 6.5% in the following year.
Emirates Central Bank (agencies)
Religion and the current balance of the Emirates
The Central Bank explained that the liquidity conditions in the Emirates are stable, supported by health deposits and continuous credit growth, stressing that the financial view of the state remains positive in the medium term.
“The banking system still has a strong capital, with strong and improved safety margins in the quality of assets,” the report said.
The oil tie price is expected to remain relatively low, while oil revenues will rise after reviewing the oil production share of the Emirates within the framework of “OPEC+”.
In October 2024, the UAE approved the largest national budget in its history for the fiscal year 2025, with the spending value of 71.5 billion dirhams (19.5 billion dollars).
