UAE: Another year of strong growth ahead

• The UAE will record another year of strong growth in 2026 thanks to contributions from both the oil and non-oil sectors.
• Oil production is set to rise further, supported by OPEC+ strategy shifts and ongoing upstream investment, while expansionary budgets will continue to drive economic activity.
• The federal government’s pursuit of new trade agreements (CEPAs), heavy investment in AI and data centres, and easing US monetary policy are expected to support trade, insulate growth, and keep inflation pressures soft.
• Sectors likely to outperform include telecoms, healthcare, construction, accommodation & food services, tourism, and financial services, all benefiting from rapid population growth and major infrastructure projects.

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