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Dubai’s economy grows 4.7% y-o-y in 2Q 2025
Annual growth was the highest in four and a half years, GCC Economist and Khalij Economics Director Justin Alexander tells…
THIS MORNING: AED 170 bn in roads, transport upgrades + Emirates NBD to launch open offer for RBL Bank in December
Plus: UAE has invested over GBP 20 bn in the UK, double its original pledge
THIS MORNING: FAB, ADCB eye Significant Risk Transfers ahead of new capital buffer requirements + G42 denies claims of ties to Huawei, Chinese missiles
Plus: Dubai is getting a new art museum
BMI upgrades GDP growth forecast to 5%
This was mainly driven by Abu Dhabi’s robust non-oil sector performance in 2Q 2025
THIS MORNING: Mubadala to tap debt markets again this month + Reuters poll positive on UAE growth this year
Plus: Zayed National Museum to open on 3 December
World Bank upgrades GDP growth forecast to 4.8% in 2025
Financial services, constructions, transport, and real estate sectors are offering significant contributions to the economy, the World Bank said
IMF upgrades UAE’s 2025 growth forecast on oil rebound and non-oil momentum + Moody’s affirms UAE, Abu Dhabi’s Aa2 ratings
The Fund kept its 2026 growth forecast unchanged at 5%
Abu Dhabi's GDP grows 3.8% in 2Q as non-oil sector hits record share
GDP reached AED 306.3 bn
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