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UAE: Big plans, big threat

Country Views
UAE: Big plans, big threat
  • The UAE is expecting an economic fillip from Dubai Expo 2020 as well as from growth-friendly reforms it has passed and government acceleration programmes it has launched, especially in Abu Dhabi.
  • This is now being threatened by COVID-19 (coronavirus), which not only may deter people from large gatherings like Expo 2020 but is also hitting one of the UAE's leading trade partners, China. 
  • For now, forecasts for overall growth in the UAE will need to be revised, on the back of three lacklustre years and a potentially weak 2020. 

 

Florence Eid-Oakden, Ph.D, Chief Economist

Charlene Rahall, Senior Analyst

Leila Lajevardi, Analyst

The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.

To access this report, please click here.

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