Fitch: UAE economy remains stable
Fitch Agency affirms that the UAE's economy is resilient and capable of overcoming challenges thanks to its strong structural framework, with projected non-oil growth of 6.1% in 2027 and 4.3% in 2028. This is attributed to a favorable business environment, supportive government policies, and the country's strategic location between Asia and Europe, along with its ability to attract and sustain a workforce and visitors. However, the agency warns of ongoing regional instability and its impact on the area, noting that growth rates remain below the average of previous years, with stable credit ratings at (AA-) and (AA).
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