Driving Dubai Industrial Growth through Strategy

Instead of marking a cyclical rebound, 2026 is progressively viewed as a combination year, in which diversification-led growth ends up being more deeply embedded in the area's financial model, lowering reliance on hydrocarbons and increasing strength to external shocks. Projections from significant organizations broadly converge on a stronger GCC development profile in 2026 than in 2025, supported by resistant 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, jobs 3.2 percent growth in 2025, accelerating to 4.5 percent in 2026. The IMF Sees momentum improving, with GCC output development forecasted to rise from 1.7 percent in 2024 to 3.3 percent on average in 2025, showing a shift toward more positive total conditions.

The IMF's World Economic Outlook (October 2025) projects global growth easing to 3.1 percent in 2026, with advanced 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 area materially ahead of the world average and slightly above (or broadly in line with) the emerging-market aggregate, reinforcing the GCC's status as a relatively high-growth pocketprovided that regional threat conditions stay included and reform momentum holds.

Data 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 expand financial investment in services, facilities, and technology. According to Oxford Economics, non-energy activity across 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 technology and AI-related facilities.

ANSR July GCC PRs 50DR+

Analysing 2026 Market Data for Future Insights

Public-sector financial investment and reform stay main to sustaining this trend. Policy steps targeted at bring in foreign direct investment, easing foreign ownership guidelines, broadening capital markets, and supporting private-sector participation continue to underpin non-oil growth and lower the area's exposure to oil rate volatility. While hydrocarbons no longer control the development outlook, oil incomes are expected to play a supportive function in 2026.

Oxford Economics expects Brent crude prices to fall below USD 60 per barrel in early 2026, restricting the near-term contribution of oil extraction to GDP. Nevertheless, oil supply is anticipated to rise once again in the second half of the year, with a complete loosening up of staying production caps most likely by mid-2027.

ANSR July GCC PRs 50DR+

Macroeconomic conditions throughout the GCC stay broadly supportive of development. Inflation is anticipated to remain low, with the IMF forecasting typical inflation of 2 percent throughout the region in 2026. Stable rates are assisting maintain genuine home incomes and underpin customer spending, which Oxford Economics anticipates to grow by approximately 3.5 percent over 20262027.