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UAE Economy Grows 0.4% in First Half as Non-Oil Sectors Expand

Summary by Arab News
JEDDAH: The UAE economy grew 0.4 percent in the first half of 2026 to 961.9 billion dirhams ($262 billion), with non-oil activities expanding 1.8 percent and accounting for 79.2 percent of gross domestic product, official data showed. The growth came despite a 2.1 percent year-on-year contraction in real GDP in the second quarter, when output reached 476.9 billion dirhams. Non-oil activity also declined 1.1 percent in the quarter, as regional de…

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Jeddah: The UAE economy grew 0.4 percent in the first half of 2026, reaching 961.9 billion dirhams (US$262 billion). Non-oil activities expanded by 1.8 percent, accounting for 79.2 percent of GDP, official data showed. The growth was achieved despite a 2.1 percent contraction in real GDP year-on-year in the second quarter. Second-quarter production reached 476.9 billion dirhams, with non-oil activities down 1.1 percent. Regional conditions and t…

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economymiddleeast.com broke the news on Friday, October 9, 2026.
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