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UAE Economy Rises 0.4% to 962B dirhams

UAE Economy Rises 0.4% to 962B dirhams

The UAE economy recorded a growth rate of 0.4%, reaching 961.9 billion dirhams in the first half of 2026, with a notable increase in non-oil activities, which accounted for 79.2% of the GDP. This reflects the diversification of economic sectors such as trade, finance, insurance, and construction. Although the economy shrank by 2.1% in the second quarter of the year, non-oil activities continued to grow strongly, with increases in the finance, information, and health sectors, indicating an expanding base of sectors contributing to the country's economy.

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