U.A.E. GDP Rises 0.4% in First Half as Economy Contracts 2.1% in 2Q
Real GDP rose 0.4% year over year in the first half of 2026 and contracted 2.1% in the second quarter, Emirates NBD Research says. Oil output fell 5.7%, while financial services offset weakness in oil and other sectors.
E. economy barely expanded in the first half of 2026, with financial services providing a key offset to weakness in oil and other sectors, Emirates NBD Research says. 1% in 2Q. 7% and non-oil acti…