Driving Dubai Industrial Growth through Strategy

Rather than marking a cyclical rebound, 2026 is progressively seen as a combination year, in which diversification-led growth becomes more deeply ingrained in the region's financial design, decreasing dependence on hydrocarbons and increasing strength to external shocks. Projections from major organizations broadly converge on a more powerful GCC growth profile in 2026 than in 2025, supported by durable domestic need, continued non-oil growth, and (to differing degrees) a firmer hydrocarbon contribution.

ANSR July GCC PRs 50DR+

The World Bank, on the other hand, tasks 3.2 percent growth in 2025, speeding up to 4.5 percent in 2026. The IMF likewise sees momentum improving, with GCC output growth projected to rise from 1.7 percent in 2024 to 3.3 percent usually in 2025, reflecting a shift toward more favorable total conditions.

The IMF's World Economic Outlook (October 2025) tasks global growth relieving to 3.1 percent in 2026, with innovative economies around 1.5 percent and emerging market and establishing economies just above 4 percent. On that comparison, a 4.44.5 percent GCC growth would put the region materially ahead of the world average and a little above (or broadly in line with) the emerging-market aggregate, enhancing the GCC's status as a reasonably high-growth pocketprovided that local risk conditions stay contained and reform momentum holds.

Information from the GCC Statistical Center show that non-oil sectors currently account for more than 73 percent of total GDP, a share that has continued to rise as federal governments broaden financial investment in services, facilities, and technology. According to Oxford Economics, non-energy activity throughout the GCC is predicted to grow by around 4.1 percent in 2026, supported by strong labor markets, improving credit conditions, and rising investment in innovation and AI-related facilities.

ANSR July GCC PRs 50DR+

Driving Regional Industrial Expansion through Innovation

Public-sector investment and reform remain central to sustaining this pattern. Policy procedures targeted at attracting foreign direct financial investment, relieving foreign ownership guidelines, broadening capital markets, and supporting private-sector involvement continue to underpin non-oil expansion and lower the region's exposure to oil price volatility. While hydrocarbons no longer control the development outlook, oil profits are anticipated to play a supportive role in 2026.

Oxford Economics anticipates Brent crude prices to fall listed below USD 60 per barrel in early 2026, limiting the near-term contribution of oil extraction to GDP. Oil supply is anticipated to rise once again in the 2nd half of the year, with a full loosening up of staying production caps likely by mid-2027.

ANSR July GCC PRs 50DR+

Macroeconomic conditions throughout the GCC stay broadly encouraging of growth. Inflation is anticipated to remain low, with the IMF forecasting typical inflation of 2 percent throughout the region in 2026. Steady rates are helping maintain real family earnings and underpin consumer costs, which Oxford Economics expects to grow by an average of 3.5 percent over 20262027.