The 5.3 per cent growth in Qatar’s non-hydrocarbon economy during the first quarter of this year was driven by strong performances across key sectors
economic outlook
Latest in economic outlook
economic outlook
Erratic U.S. policy is undermining its global economic edge
Heavy reliance on executive orders, a weak fiscal position, and inflation uncertainty are dampening U.S. growth prospects, raising recession risks and opening the door for Europe and Asia to reclaim economic momentum
Donald Trump
IMF cuts global growth forecast as Trump tariffs create ‘major negative shock’
Global economic growth slashed to 2.8% as Trump’s tariffs create “major negative shock,” with US recession risk rising to 40% and forecasts for both US and China hit hardest
economic opportunities
Gulf-Asia corridor: The $578bn economic powerhouse reshaping global investment flows
HSBC top brass and regional leaders share exclusive insights with Arabian Business on the sidelines of the HSBC MENAT Future Forum
economic diversification
Non-oil sector to drive resilience of GCC economies in 2025, report finds
Despite a projected slowdown in global growth to 3.1% from 3.2%, the GCC is expected to outperform, driven by resilient non-oil sector growth and strategic investments
bilateral cooperation
2025: A year of transformative growth for the GCC
This year the region isn’t just growing, it’s redefining its place on the world stage
economic outlook
UAE economy set for 4.1% growth in 2025, wider GCC shows mixed outlook
Inflation in the Emirates has shown a downward trend, reaching 2.4 percent year-on-year in October, its lowest level since August 2023
Artificial intelligence
Global CEOs see economic boom in 2025, China push as Trump retakes presidency: Report
The optimistic outlook persists despite geopolitical challenges, with over 75% of CEOs and 83% of investors expecting recent global elections to improve economic conditions and stability
consumer spending
Mastercard Economics Institute predicts 5% GDP growth for the UAE
Consumer spending to rise by 4.3%; Consumer price inflation to reach 2.3%; Migration leading to rise in remittances; Women in the workforce growing
economic outlook
UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report
The increase will be supported by continued expansion in the non-oil sector
economic outlook
JPMorgan Private Bank sees US rates to plunge to 3.5% by 2026 in growth push
The bank identified capital investment as a key megatrend for 2025, driven by artificial intelligence, power infrastructure, and security needs
Abu Dhabi
UAE plays critical role in Egypt economic turnaround with $35bn investment: Report
ADQ’s $35 billion investment in Ras El Hekma development singled out as the turning point in the fiscal fortunes of the country
economic outlook
US economy posts strong GDP growth in April-June quarter at 3%
Consumer spending, the primary driver of the economy, grew last quarter at a 2.8% pace, down slightly from the 2.9% rate that the government had previously estimated
economic outlook
UAE assets: What are the world’s richest people investing in?
What unexpected investments are the world’s wealthiest pursuing amidst 2024’s economic uncertainties? Here is what UAE finance and wealth experts told Arabian Business
economic outlook
US Fed’s bold 50bps cut a signal to get ahead of the curve, cushion the economy against potential shocks: Experts
A section of market participants, however, sees the aggressive easing as a sign of panic, potentially fuelling volatility and uncertainty in financial markets