{"id":62484,"date":"2025-05-01T21:35:20","date_gmt":"2025-05-01T17:35:20","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=62484"},"modified":"2025-05-01T21:35:23","modified_gmt":"2025-05-01T17:35:23","slug":"abu-dhabis-economy-to-grow-by-4-2-dubais-by-3-3-in-2025-imf","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2025\/05\/01\/abu-dhabis-economy-to-grow-by-4-2-dubais-by-3-3-in-2025-imf\/","title":{"rendered":"Abu Dhabi&#8217;s economy to grow by 4.2%; Dubai&#8217;s by 3.3% in 2025: IMF"},"content":{"rendered":"\n<p>The International Monetary Fund (IMF) forecasts Abu Dhabi&#8217;s economy to grow by 4.2% in 2025 and accelerate to 5.8% in 2026. Dubai&#8217;s economy is projected to expand by 3.3% in 2025, increasing to 3.5% in 2026.<\/p>\n\n\n\n<p>Jihad Azour, Director of the Middle East and Central Asia Department at the IMF, said, during a media briefing organised by the Dubai International Financial Centre in cooperation with the IMF, that he expects the UAE economy to grow by 4% in 2025.<\/p>\n\n\n\n<p>He attributed the sustained growth forecast for the UAE, despite downward revisions in many other countries, to the strong performance of its non-oil sector, infrastructure investments, and expansion in key areas like real estate and finance. He further anticipates growth to accelerate to 5% in the following year.<\/p>\n\n\n\n<p>Azour emphasised that the GCC states do not have identical economic structures or reserve levels, which makes their response to global market fluctuations varied.<\/p>\n\n\n\n<p>He pointed out that the average growth of the region&#8217;s economies (Middle East and North Africa) reached 1.8% in 2024 and is expected to rise to 2.6% in 2025 and 3.4% in 2026.<\/p>\n\n\n\n<p>These figures represent a downward revision from the October 2024 estimates, which had projected growth of 4% for 2025 and 4.2% for 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) forecasts Abu Dhabi&#8217;s economy to grow by 4.2% in 2025 and accelerate to 5.8% in 2026. Dubai&#8217;s economy is projected to expand by 3.3% in 2025, increasing to 3.5% in 2026. Jihad Azour, Director of the Middle East and Central Asia Department at the IMF, said, during a media briefing &hellip;<\/p>\n","protected":false},"author":4,"featured_media":62485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-62484","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economy","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/62484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=62484"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/62484\/revisions"}],"predecessor-version":[{"id":62486,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/62484\/revisions\/62486"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/62485"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=62484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=62484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=62484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}