Its Xavier Blog

 The United Arab Emirates (UAE) is set to experience robust economic growth, with the World Bank forecasting a 4% expansion in 2025, surpassing the Gulf Cooperation Council (GCC) regional average. This projection underscores the UAE's resilience and strategic positioning as a leader in economic diversification and development. UAE's Economic Outlook The UAE is expected to grow by 4% in 2025 , an improvement from the 2024 growth rate of 3.3% , despite being slightly lower than the previous projection of 4.1% by the World Bank. In 2026, the UAE’s growth rate is forecasted to climb further to 4.1% , solidifying its position among the region's top-performing economies. Regional Comparison The UAE’s growth forecast for 2025 places it ahead of its GCC counterparts, including: Saudi Arabia : 3.4% Bahrain : 3.3% Qatar : 2.7% Oman : 2.4% Kuwait : 1.7% In 2026, the UAE is expected to be among the top three fastest-growing GCC economies, trailing only Qatar (5.5%) and Saudi Arabia (5...

  The distinguished economist is president of Queens' College, a constituent college of the University of Cambridge. His diverse background includes work as an executive at Pimco, top economic consultant at Allianz, and practice professor at the University of Pennsylvania's Wharton School. Furthermore, Dr. El-Erian is a senior global fellow at the Lauder Institute. The Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid, announced and congratulated Dr. El-Erian on social media. Sheikh Mohammed described the Great Arab Minds award as an expression of appreciation for all Arabs to celebrate the achievements of Arab brains that have made outstanding contributions to the world.  Sheikh Mohammed underlined in his statement the importance of Dr. El-Erian's victory in the Economics category. The award is given in honor of Dr. El-Erian's significant services, publications, and books, all of which have played a crucial role in helping people understand the workings, p...