24 Hrs
 الخليج
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الخليج

2026-08-05T00:01:00.000Z

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UAE economy maintains growth

UAE economy maintains growth

The UAE's economy achieved sustainable growth during the first quarter of 2026, with real GDP increasing by 3% to reach 485 billion dirhams. The non-oil sector led growth with a 4.8% rise, raising its contribution to 79.4% of the total GDP, one of the highest such proportions in the country's history. It was found that diversifying income sources, guided by the vision "We the Emirates 2031," contributed to strengthening the non-oil sector despite regional challenges stemming from the U.S.-Iranian conflict, which had a limited impact on the UAE economy. Additionally, the country is undertaking a comprehensive review of GDP figures to provide a more accurate and holistic picture of the national economy.

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