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Why does the World Bank say the UAE will feel only a “smaller” impact from the global economic slowdown?

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Asked 8 months, 2 weeks ago
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Day of Dubai
According to its latest regional report, the UAE is less exposed to slowdowns in the US, EU, and China because it trades more with other Asian markets, allowing it to cushion against falling global demand; as major economies face recession risks and oil price fluctuations, the Bank still projects strong UAE growth of 4.8% in 2025 — supported by financial services, construction, transport, real estate, and rising oil output as Opec+ unwinds cuts — with the GCC as a whole also expected to accelerate, unlike several developing oil exporters whose forecasts have sharply declined. Do you think the UAE’s diversified trade links and non-oil growth will be enough to protect it from a deeper global downturn — or could worldwide recession pressures still spill over?
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