The UAE will be the first in the Gulf region in economic growth rates by 2025.
A recent World Bank report indicates that the Middle East and North Africa region is experiencing a gradual recovery in economic growth, driven by increased oil production and a recovery in non-oil activities, despite ongoing global challenges and geopolitical tensions.
This was stated in the June 2025 World Economic Outlook, which highlighted forecasts and figures for the coming years.
In oil-exporting countries, oil activity is witnessing a marked recovery following the announcement in early April 2025 of the gradual reversal of voluntary oil production cuts. However, non-oil activity is also showing resilience and growth, according to the report.
Among oil-importing countries, private sector activity has resumed growth in 2024, partly due to easing political tensions and macroeconomic stability in many economies, particularly Egypt. Additionally, industrial activity in Morocco has strengthened, particularly in the construction sector.
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