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Economics and statistics

The UAE is a diversified economy in the Persian Gulf: oil and gas remains a source of export revenue and a fiscal cushion, but growth drivers are shifting to the non-oil sector - logistics (port and air hubs), finance and fintech, tourism and MICE, development and services.

The currency is pegged to the US dollar, with inflation generally moderate; state funds and free economic zones support investment and capital inflows, the migration of skilled labor fuels demand.

Non-cash payments and e-commerce are expanding rapidly, and regulatory sandboxes are stimulating technologies (AI, blockchain, paytech).

For monitoring: total and non-oil GDP, budget/debt and reserves, trade balance and FDI, inflation and rates, PMI of the non-oil sector, passenger and cargo flows through hubs, real estate transactions, tourist flow and hotel loading, POS/online payment turnover and employment dynamics.

These indicators show the resilience of domestic demand and the economy's ability to absorb new services and entertainment.

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