Overview

Click to expand overview
The UAE ’s non-oil economy is projected to grow by 4.7 percent in 2025, thanks to economic diversification and fiscal surpluses that help overcome global challenges The UAE is poised for 4% economic growth in 2025, driven by its expanding non-oil sectors like tourism, construction, and financial services, despite reduced oil The UAE’s non-oil sector will remain robust and continue to support economic growth in 2025, expanding at 3.2 percent, due to strong performance in tourism, real The UAE’s non-oil economy is predicted to expand by 4.7% in 2025, according to Michael Bolliger, CIO Global Emerging Markets at UBS Global Wealth The UAE’s non-oil sector will drive a projected 4% economic growth in 2025, supported by investment inflows into financial and real estate markets. Simultaneously, a

BRICS & UAE: Non-Oil Economy Expansion Set to Continue in 2024 and Beyond

Is the UAE's non-oil economy primed for continued expansion within the BRICS context? Absolutely. Experts predict robust growth, not just in 2024, but continuing strongly into 2025.

The UAE’s non-oil economy is predicted to expand significantly, with forecasts pointing towards continued positive performance. Michael Bolliger, CIO Global Emerging Markets at UBS Global Wealth, notes The UAE’s non-oil economy is predicted to expand by 4.7% in 2025. This positive outlook is fueled by strategic economic diversification efforts and prudent fiscal management.

What are the key drivers of this expansion? Several sectors are contributing significantly, including tourism, construction, and financial services. The UAE is poised for 4% economic growth in 2025, driven by its expanding non-oil sectors like tourism, construction, and financial services, despite reduced oil. These sectors are attracting substantial investment and creating new opportunities.

Furthermore, The UAE’s non-oil sector will drive a projected 4% economic growth in 2025, supported by investment inflows into financial and real estate markets. Simultaneously, a strong real estate market and thriving financial sector are playing a crucial role in attracting foreign investment and boosting overall economic activity.

Looking ahead to 2025, the prognosis remains highly positive. The UAE’s non-oil economy is projected to grow by 4.7 percent in 2025, thanks to economic diversification and fiscal surpluses that help overcome global challenges. This indicates that the UAE's strategic approach to economic diversification is proving effective in mitigating the impact of global economic headwinds. The UAE’s non-oil sector will remain robust and continue to support economic growth in 2025, expanding at 3.2 percent, due to strong performance in tourism, real estate, and other key industries.

In conclusion, the UAE's non-oil economy is well-positioned for sustained expansion, both within and beyond the BRICS framework. Its diversified economy, strategic investments, and strong performance in key sectors point towards a prosperous future.

Top Sources

Related Articles