Page 30 - UNION PROPERTIES GENERAL REPORT - SEPTEMBER 2025

9/11/25, 9:38 AM Dubai leads UAE’s non-oil growth in 2025 as diversification boosts investor outlook - Arabian Business: Latest News on the Middle …
“Dubai in particular stood out, recording its highest non-oil output gains in seven months, highlighting the emirate’s
leadership in economic diversification.”

Dubai leads UAE non-oil growth

The first half of 2025 saw non-oil foreign trade surge by 24 per cent, further highlighting the UAE’s success in

shifting growth beyond energy.

While some headwinds remain — including softer demand, slower sales growth, lower new orders, and rising
wage pressures — Gilbert noted that the fundamentals of the economy remain resilient.

Gilbert said: “Businesses remain confident about the outlook. This confidence is supported by government-backed
reforms, sustained investment across non-oil industries, and solid domestic conditions.

“For investors, the UAE now presents opportunities far beyond its traditional energy sector.”

That trend is reflected on the Dubai Financial Market, where companies such as Union Properties and Amlak

Finance have both gained over 100 per cent this year, underscoring the strength of non-oil opportunities.

“Even as some demand metrics soften, the UAE is successfully reducing reliance on oil and building a diversified,
sustainable growth path,” eToro’s Gilbert concluded.

“This is a promising signal for investors looking for exposure to sectors beyond energy in one of the region’s most
dynamic markets.”

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