"International Monetary" The economy of the Emirate of Abu Dhabi is expected to grow by 6% and Dubai by 3.4% this year
The International Monetary Fund expects the Emirate of Abu Dhabi to achieve economic growth of about 6%, and the Emirate of Dubai to record growth of up to 3.4% during the current year 2025.
This came in statements by the Director of the Middle East and Central Asia Department at the International Monetary Fund, Dr. Jihad Azour, during a press conference organized by the Dubai International Financial Center in cooperation with the Fund, today, Tuesday, under the title “The International Monetary Fund’s Regional Economic Outlook: Al-Sharq Report” Middle and North Africa,” according to the Emirates News Agency (WAM).
Azour said that the Fund expected the UAE’s economy to grow by 4.8% in 2025, rising to about 5% in 2026, which is the highest expected percentage among the Gulf Cooperation Council countries. This is after the strong performance shown by the UAE economy this year.
He explained that the high growth rate in the UAE is mainly driven by service sectors, such as tourism, financial services and the real estate sector, indicating that growth in the Emirate of Abu Dhabi in particular enjoys additional support from improved oil production after the re-liberalization of the “OPEC Plus” agreement, In addition to the strong performance of the service and real estate sectors.
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