Money and business

UAE Central Bank: Real GDP recorded a growth of 5.6% during 2025

The Central Bank of the United Arab Emirates issued its annual report for the year 2025, confirming that the national economy has achieved strong performance supported by effective monetary policies and successful diversification strategies.

The center explained in its report reported by the Emirates News Agency (WAM) that the real gross domestic product recorded a growth of 5.6% during the year 2025, driven by the expansion of non-oil sectors, while the inflation rate stabilized at 1.3%, with expectations for continued growth during the year 2026.

The report highlighted the strength of the banking sector, as its assets amounted to 5.4 trillion dirhams, with credit growing by 17.9% and deposits by 16.2%. The insurance sector also continued to grow, recording premiums worth 75.2 billion dirhams and assets amounting to 166.7 billion dirhams.

According to the report, the year 2025 witnessed important regulatory developments, most notably the issuance of a new law that strengthens supervision of the banking and insurance sectors and expands the powers of the Central Bank to protect financial stability.

In the field of digital transformation, the Central Bank launched a number of initiatives, including doubling the number of licensed financial technology companies to 36 companies, the digital dirham and the “Jisr” platform for international settlements, in addition to enhancing the financial technology environment.

The bank also launched the National Strategy for Financial Inclusion 2026-2030, and continued to support Emiratization in the financial sector, at a rate that reached about 160% of the target for the year 2025, exceeding the specified targets.

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