UAE economy to slow to 1.7% in 2026 but rebound to 9.8% in 2027, backed by higher oil output, non-oil growth, strong banking sector and solid fiscal buffers.

UAE economy to slow to 1.7% in 2026 but rebound to 9.8% in 2027, backed by higher oil output, non-oil growth, strong banking sector and solid fiscal buffers.

UAE non-oil growth slows to a five-year low as softer demand, rising costs and regional tensions hit private sector activity and jobs in June.