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Global economy’s growth to remain subdued amid turbulence in the year ahead, economists say
A majority of 72% of the leading chief economists surveyed anticipate global economic conditions to deteriorate next year
Consumer loans up 55% from 2021 levels this year -S&P Global
This expansion mirrors robust economy, strong employment conditions, and increasing population inflows
ICAEW maintains UAE’s economic growth forecast, revises downwards its GCC forecast
Trade policy uncertainty has cooled down in recent months, while increased oil production and non-oil momentum buoys the forecast
CBUAE lifts GDP forecast this year to 4.9% on higher oil production and non-oil momentum
Growth is forecast to accelerate to 5.3% in 2026
Fed cuts rates for the first time this year, resuming widely anticipated easing cycle
Equity and debt markets in the Gulf stand to benefit from the move
Cabinet signs off on AED 30 bn economic clusters plan
The UAE is also targeting an additional AED 15 bn in foreign trade over the next seven years
Dubai inflation cools in August
Monthly inflation slowed to 0.11% in August from 0.42% in July
Fitch ups global growth view
The agency projects global growth at 2.4% this year, easing to 2.3% in 2026
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