2025: UAE Central Bank forecasts 5.2% GDP growth, driven by 6.2% oil sector growth and 4.7% non-oil sector growth.

The UAE Central Bank projects a 5.2% GDP growth forecast for 2025, with the economy expected to grow faster due to higher growth in the hydrocarbon sector. The UAE's economy will be driven by the oil sector with 6.2% growth, followed by the non-oil sector at 4.7% in 2025. The Central Bank revised down the growth projection for 2024 to 4.2%, due to a slower recovery in oil production and a robust, yet declining growth in the non-oil sector.

April 01, 2024
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