Economy Local 2025-12-23T16:23:19+00:00

UAE Economy Shows Resilient Growth

The UAE economy shows strong growth: non-oil trade hit 1.622 trillion dirhams, banking assets rose 18.1%, and the Central Bank raised its 2025 GDP forecast to 5%.


UAE Economy Shows Resilient Growth

Non-oil foreign trade reached 1.622 trillion dirhams in the first half. Banking sector assets rose to 5.2 trillion dirhams, an 18.1% increase. Dubai welcomed 13.95 million international visitors in 9 months, a 5% rise. Inflation increased to 1.1% in the third quarter. The number of workers covered by the wage protection system grew by 13.9%. The Central Bank of the UAE has raised its forecast for the UAE's GDP growth in 2025 to 5% (4.9% in the September 2025 report), driven by 4.9% growth in non-oil sectors and 5.4% in the oil sector, with growth expected to accelerate to 5.2% in 2026 (5.3% in the September 2024 report). The quarterly report, issued by the Central Bank of the UAE in December 2025, showed the strength of the economy.

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