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The report famous that the UAE’s Buying Managers’ Index (PMI) rebounded to 53.3 in August, after easing to 52.9 in July — the bottom degree in 4 years amid regional uncertainty and rising competitors.
Confidence within the nation’s fundamentals was bolstered by Fitch Rankings’ affirmation of the UAE’s sovereign credit standing at “AA-” with a steady outlook, underlining the power of sovereign property and bolstering investor confidence.
OPEC praises UAE financial system
The UAE’s non-oil diversification additionally gained momentum, with international commerce increasing by 24 per cent in H1 2025, far outpacing international commerce development of simply 1.8 per cent. OPEC stated this efficiency strengthens the nation’s position as a worldwide commerce hub and underscores the dynamism of its non-oil sectors.
Tourism was flagged as one other key development driver, with Dubai welcoming almost 10m guests within the first half of 2025. OPEC stated this aligns with the emirate’s D33 financial agenda, which goals to place Dubai as a number one international vacation spot and improve fiscal revenues.
On oil markets, OPEC left its forecast unchanged, projecting international oil demand development of 1.3m barrels per day (mb/d) in 2025 and 1.4 mb/d in 2026. A lot of the development will come from non-OECD international locations (1.2 mb/d yearly), whereas OECD demand is anticipated to rise extra modestly.
The report added that transport fuels — together with gasoline, jet gas and diesel — will stay the principle drivers of demand development, adopted by LPG and naphtha utilized in petrochemicals.
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