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- IMF forecasts UAE economic growth of 7 . 7 % in 2027
The IMF projects the UAE economy will grow 7.7% in 2027, 2.4 percentage points higher than its April forecast, citing the country's substantial financial buffers, advanced infrastructure and technological capabilities. The projection was presented at a press conference organised by the Dubai International Financial Centre (DIFC) with the IMF, where Jihad Azour, Director of the IMF's Middle East and Central Asia Department, presented findings from the October 2026 Regional Economic Outlook. The report says continued AI investment could add about 0.5 percentage points to the UAE's annual growth, while AI adoption could lift growth across the Middle East and Central Asia by 0.1 to 0.6 percentage points over the medium term. It also projects average inflation across GCC countries falling to 2.4% in 2027 and about 2% from 2028. The IMF has approved about US$48 billion in financing for the region since 2020.
- How the IMF Forecasts a Country Economic Growth
The article explains how the IMF forecasts a country's economic growth, meaning the projected change in real GDP, which adjusts for price changes. Country teams build projections using local data, discussions with officials, and methods suited to each economy rather than a single formula. These forecasts are then checked against regional and global projections in the World Economic Outlook and adjusted to keep assumptions consistent. Because forecasts rely on data available at a cutoff date and working assumptions, they are informed estimates that are revised as new information arrives.
- UAE showcases economic , financial experience at IMF , World Bank Group annual meetings in Bangkok
- The IMF Just Raised Its Economic Growth Forecast. Buried in the Report Is a Warning for Stock Investors.
The IMF's October 2026 World Economic Outlook forecasts global growth of 3.1% in 2026 and 3.7% in 2027. The author considers this fairly optimistic given high energy costs, the war in Iran and slowing growth in several advanced economies, especially Europe, while AI infrastructure investment is currently the dominant positive factor. About 95% of global growth comes from just 32 economies, down from 54 in April. If AI productivity gains fall short and AI investment slows, global GDP growth could be cut by 1.1% by 2028, with deeper losses in the US and Asia. The author adds that international diversification may offer limited protection, since nearly 40% of the Vanguard Total International Stock ETF (VXUS) is allocated to South Korea, Taiwan, China and Japan; the author suggests long-term investors avoid radical portfolio changes but be more cautious about adding tech, growth and semiconductor stocks.
- Pakistan, IMF discuss economic growth and reform measures
- UAE to deliver exceptional hosting experience for 2029 IMF - WBG Annual Meetings : Georgieva
Kristalina Georgieva, Managing Director of the IMF, expressed confidence that the UAE will deliver an exceptional hosting experience for the 2029 Annual Meetings of the World Bank Group and IMF in Abu Dhabi, citing its advanced infrastructure, strong economy and commitment to climate, water and social issues. Speaking at the signing ceremony in Bangkok, she said meetings held outside Washington always attract particular interest and that this year's meetings in Thailand had set new standards. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini said the agreement turns the UAE leadership's vision into action and plans to integrate artificial intelligence into the meetings. World Bank Group President Ajay Banga looked forward to returning to Abu Dhabi after 26 years, while Central Bank of the UAE Governor Khaled Mohamed Balama said the event reinforces the country's role as a global financial hub.
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