UAE growth to surpass 6% in 2025

In its latest June 2024 Economic Quarterly Review, the Central Bank of the United Arab Emirates (CBUAE) projects that healthy foreign trade flows will buoy the UAE’s real GDP expansion during 2024 and 2025. “For 2025, growth is expected to increase to 6.2 per cent as trends in the non-hydrocarbon sector are expected to continue, while oil and gas production are forecasted to pick up significantly,” noted the central bank.