The UAE’s US$114.8 billion in US Treasury holdings reflects the importance of liquid dollar assets in supporting the dirham’s peg, strengthening financial stability and reducing currency uncertainty for businesses and investors.

Dubai ranked ninth and Abu Dhabi 13th in the September 2026 Global Financial Centres Index, placing them first and second in the Middle East and Africa. The rankings reflect the UAE’s investment in infrastructure, regulation and talent.

Standard Chartered forecasts Oman’s GDP to grow 3.5% in both 2026 and 2027, supported by resilient non-oil activity, hydrocarbon production and investment in logistics and manufacturing. The Bank also expects the country’s fiscal and external positions to strengthen.
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