UAE, 21 January, 2025 : Emirates NBD Research has projected the UAE’s GDP growth to strengthen to 5% in 2025, driven by both oil and non-oil sector expansions.
Dubai’s GDP growth is expected to rise to 3.7% in 2025, up from 3.2% in 2024. The oil sector will benefit from easing production curbs, while non-oil activity will receive a boost from expansionary budgets, major projects, and lower interest rates.
The report also forecasts a slowdown in price growth to 2.8% YoY, with transport continuing to weigh on the headline inflation, while housing remains a key driver.
Source : www.zawya.comRelated Posts
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