Swiss wealth management bank UBS revealed that forecasts for the UAE's GDP growth suggest it will grow by more than 5% in 2025.
According to the bank, the optimistic forecast for the growth of the UAE economy is largely in line with the estimates of the International Monetary Fund, which had maintained its forecast of GDP growth of the UAE by 4% in 2024, rising to 5.1% in 2025.
There are many global factors that contribute to determining expectations for the growth of the GCC economies, especially oil production and OPEC decisions, along with other positive factors such as stimulus announcements in China, monetary policy measures and reductions in the reserve requirement ratio, all of which will be enough to push markets and the global economy towards recovery.
