The World Bank lowered its 2026 and 2027 economic growth projections for the United Arab Emirates amid heightened inflationary pressures due to higher energy and food prices arising from the Middle East conflict.
In its latest Global Economic Prospects published Thursday, the international organization said it now expects the UAE economy to grow 2.4% in 2026 and 4.1% in 2027, both lower than its 5% and 5.1% projections in January 2026.
For 2028, the country's gross domestic product growth is anticipated to come in at 4.2%.