With the UAE positioned to spearhead the regional economic push, the GCC economies are predicted to recover more robustly than anticipated in 2025. Economists contend that diversification, investment inflows, and increasing oil production drive the regional economy forward despite concerns over global trade, recent regional wars, and rising tariffs.
The most recent second-quarter Economic Insight report from Oxford Economics, the Institute of Chartered Accountants in England and Wales (ICAEW), indicates a firming of economic fundamentals as the GCC’s revised overall growth projection for 2025 is 4.4%, up from the previous estimate of 4.0%. The UAE’s ongoing success in shifting to a diversified, innovation-led economy is expected to result in real GDP growth of 5.1% next year, far higher than the worldwide average of 2.4%.
A quicker-than-expected reversal of OPEC+ production curbs has caused the GCC’s oil sector growth to be recalculated to 4.5%. Qatar and the UAE are predicted to sustain budget surpluses even though average Brent crude prices are predicted to linger around $67.3 per barrel in 2025, putting budgetary pressure on nations that depend on oil. Amid global concerns, the UAE’s budgetary discipline shines out thanks to strong non-oil growth and a stable investment climate.
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