IMF Staff Country Reports

Backed by ambitious efforts to diversify and modernize its economy and
supported by a growing hydrocarbon sector, the UAE has shown significant resilience to
global volatility and regional tensions, with growth in 2025 projected to outpace both
the GCC and global averages. Non-oil sectors, including tourism and real estate,
continue to expand, while the financial system has continued to attract foreign capital
and has absorbed recent market volatility well.