Non-oil growth is holding, but resilience is being tested by regional risk
The UAE economy expanded 3% year-on-year in the first quarter, with non-oil GDP growing 4.8% and lifting its contribution to 79.4% of total output. July private-sector activity also reached a four-month high and employment rebounded, suggesting that domestic diversification engines remain active despite uncertainty around regional security and logistics.
FalconBridge Lens
For clients entering or scaling in the UAE, the opportunity remains real, but strategy should be built around operating resilience rather than a simple “growth market” thesis. Supply-chain optionality, working-capital buffers, and scenario planning around transport, energy and trade corridors should now be treated as core market-entry design questions.
Sources: The National; Khaleej Times.
