Essential Steps for Operational Excellence in Dubai

Rather than marking a cyclical rebound, 2026 is progressively considered as a consolidation year, in which diversification-led growth ends up being more deeply ingrained in the region's economic model, reducing dependence on hydrocarbons and increasing resilience to external shocks. Forecasts from major institutions broadly assemble on a more powerful GCC growth profile in 2026 than in 2025, supported by resistant domestic demand, continued non-oil growth, and (to varying degrees) a firmer hydrocarbon contribution.

ANSR July GCC PRs 50DR+

3.2 percent development in 2025, speeding up to 4.5 percent in 2026. Sees momentum improving, with GCC output development forecasted to increase from 1.7 percent in 2024 to 3.3 percent on average in 2025, showing a shift toward more favorable overall conditions.

The IMF's World Economic Outlook (October 2025) projects worldwide growth reducing to 3.1 percent in 2026, with sophisticated economies around 1.5 percent and emerging market and establishing economies just above 4 percent. On that contrast, a 4.44.5 percent GCC expansion would position the region materially ahead of the world average and a little above (or broadly in line with) the emerging-market aggregate, strengthening the GCC's status as a relatively high-growth pocketprovided that local threat conditions remain consisted of and reform momentum holds.

Information from the GCC Statistical Center reveal that non-oil sectors already account for more than 73 percent of overall GDP, a share that has actually continued to increase as federal governments expand financial investment in services, infrastructure, and technology. According to Oxford Economics, non-energy activity throughout the GCC is projected to grow by around 4.1 percent in 2026, supported by strong labor markets, enhancing credit conditions, and increasing investment in technology and AI-related infrastructure.

ANSR July GCC PRs 50DR+

Accelerating Dubai Industrial Growth through Innovation

Public-sector investment and reform stay main to sustaining this pattern. Policy measures aimed at attracting foreign direct financial investment, relieving foreign ownership rules, expanding capital markets, and supporting private-sector participation continue to underpin non-oil expansion and minimize the region's exposure to oil price volatility. While hydrocarbons no longer dominate the growth outlook, oil profits are expected to play a helpful function in 2026.

Oxford Economics expects Brent crude prices to fall below USD 60 per barrel in early 2026, limiting the near-term contribution of oil extraction to GDP. Oil supply is forecast to increase once again in the second half of the year, with a full unwinding of remaining production caps likely by mid-2027.

ANSR July GCC PRs 50DR+

Macroeconomic conditions throughout the GCC remain broadly encouraging of development. Inflation is expected to stay low, with the IMF forecasting average inflation of 2 percent throughout the area in 2026. Steady rates are assisting maintain genuine home incomes and underpin consumer costs, which Oxford Economics expects to grow by approximately 3.5 percent over 20262027.