IMF: UAE's economy leads growth in Gulf Region in 2025

Abu Dhabi drives UAE’s economic performance

Dr Azour highlighted that growth in Abu Dhabi’s economy was the main driver of the UAE’s overall performance, emphasising the country’s ongoing efforts to strengthen economic diversification and invest in key sectors.

Investment in technology and AI

Speaking to the Emirates News Agency (WAM) during the first day of Abu Dhabi Finance Week, he noted that investment in technology and artificial intelligence is a central trend for GCC countries. He described the technology and AI sector as very promising and a key focus for the region in the coming years.

Growing role of the financial sector

Dr Azour also emphasised the increasing importance of the financial sector in GCC countries, particularly in areas like fintech and the development of deeper financial markets.

Global economic transformations

He pointed to major changes in the global economy driven by shifts in economic policies, especially trade tariffs, and geopolitical developments across multiple regions. Despite these shocks, the global economy has maintained an acceptable growth level, although high uncertainty and caution persist, which can negatively impact economic activity over time.

Outlook for 2026

Dr Azour highlighted that 2026 will be a crucial year, requiring careful monitoring of the effects of economic policies on inflation, trade, economic activity, and financial markets.

Stability in the Middle East

He noted that the Middle East has managed to maintain stable economic performance despite global challenges. This stability is attributed to the strong performance of the non-oil sector in Gulf countries, increased oil production in GCC states, and the ability of oil-importing countries to benefit from improved economic activity, tourism, and trade.