DFM ---ADX ---
2hUAE Central Bank Boosts 2027 GDP Forecast to 10.4%Business
13hThe iPhone Duo: A Look at Apple’s First Foldable SmartphoneBusiness
13hGlobal Islamic Finance Assets Projected to Reach $10.5 Trillion by 2030Business
13hAI Investment Drives Global Manufacturing GrowthBusiness
13hSouth Korea’s Strategic Investment Plan Faces Hurdles After U.S. AnnouncementBusiness
13hIndia's Manufacturing Sector Rebounds to Seven-Month HighBusiness
14hDubai Emerges as a Global Magnet for Investment and Urban DevelopmentBusiness
14hThe Rise of Small-Scale AI in Corporate EnvironmentsBusiness
14hThe End of Borders in Global FinanceBusiness
14hEmirates Launches Dubai+ to Showcase Emirati Culture In-FlightBusiness
14hHow Etihad Rail is Shifting Property Trends in the UAEBusiness
14hMubadala Dominates as Mena Sovereign Wealth Funds Navigate Geopolitical TurbulenceBusiness
14hAirtel Money Eyes $7 Billion Valuation in Major London IPOBusiness
17hAll Passengers Safe Following Emergency Landing of Flydubai FlightBusiness
17hThe Heroic Captain: How Smit Machchhar Prevented a Mid-Air DisasterBusiness
17hCommonwealth Fusion Systems Secures Massive Order for Fusion Power InfrastructureBusiness
17hIs Monthly Rent Becoming the New Standard in Dubai?Business
17hFlydubai Halts Israel Services Following In-Flight IncidentBusiness
17hEtihad Airways Denies Involvement in Manchester City Financial AllegationsBusiness
23hEmirates Suspends Flydubai Codeshare Routes to Tel AvivBusiness
1dAbu Dhabi and Dubai Shine in Global Rankings for Economic and Social SuccessBusiness
1dChina's Manufacturing Sector Rebounds as AI Drives Industrial GrowthBusiness
1dG20 Trade Talks Open Amidst Tariff Tensions and Diplomatic FrictionBusiness
1dThe Future of Smart Cities: Personal AI Agents as Digital AdvocatesBusiness
1dThe US Grip on Iraq’s Wealth: The Role of the New York FedBusiness

UAE Central Bank Boosts 2027 GDP Forecast to 10.4%

Thu, Oct 1, 2026(2h ago)Business

The Central Bank of the UAE has officially upgraded its economic outlook for 2027, projecting a robust GDP growth rate of 10.4%. This figure marks a significant upward adjustment from the 9.8% forecast issued earlier in June. The optimism is largely fueled by the country's strategic push to ramp up oil production to five million barrels per day, combined with steady momentum across its non-oil sectors. Financial experts believe this performance reflects a broader period of sustained economic health, following solid results throughout 2024 and 2025.

Beyond the energy sector, the UAE continues to show resilience through its diversified economy and strong fiscal buffers, which include low public debt and substantial sovereign assets. Government initiatives, such as the Financial Resilience Package and various infrastructure investments, are playing a pivotal role in maintaining a business-friendly climate. Economy Minister Abdulla Bin Touq Al Marri recently echoed this positive sentiment, suggesting that the nation is poised for a powerful rebound, characterizing the upcoming period as a time of significant growth rather than simple recovery. With non-oil GDP also expected to see a sharp rise of 4.9% by 2027, the UAE remains on a clear path toward long-term prosperity.

Comments0
No comments yet. Be the first to share your thoughts.