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Macro - Country Economic Forecasts - United Arab Emirates

Publisher Oxford Economics
Published Mar 06, 2025
Length 8 Pages
SKU # OFE19929309

Description

We have revised our 2025 GDP growth forecast upward to 4.7%, driven entirely by the latest OPEC+ agreement to gradually unwind production cuts starting in Q2. Although oil prices remain under pressure, the increase in production will support growth in the oil sector, particularly as the UAE continues to prioritize capacity expansion.

Table of Contents

8 Pages
United Arab Emirates : Rising oil supply strengthens growth outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Background
Economic development
Policy and politics
Structure of the economy
Structure of trade

Pricing

Currency Rates
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