Snapshot from Jul 23, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Standard Chartered forecasts UAE Q3...
Business economic forecast

Standard Chartered forecasts UAE Q3 2026 growth

Analysis based on 6 articles · First reported Jul 06, 2026 · Last updated Jul 06, 2026

Sentiment
15
Attention
2
Articles
6
Market Impact
General
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Market Impact

The forecast suggests continued economic expansion in the UAE, which may boost investor confidence in the region. Improved trade flows and oil export recovery could positively impact sectors like banking, logistics, and energy.

banking oil and gas logistics
Event Summary

Standard Chartered released an economic analysis on July 6, 2026, forecasting stronger momentum in UAE business activity during the third quarter of 2026. The bank cited the UAE's June WSP Global PMI remaining above 50, indicating continued expansion in non-oil activity driven by domestic consumption and investment. Three drivers are expected to support growth: softer oil prices, job market recovery, and accelerating investment. The analysis also noted a near-full recovery in UAE oil exports aided by the partial reopening of the Strait of Hormuz. Rola Abu Manneh, CEO for UAE, Middle East and Pakistan at Standard Chartered, commented on the resilience of the non-oil economy.

Key Actions
70 Standard Chartered forecast stronger momentum
60 United Arab Emirates rethink oil and trade routes
60 WSP Global reported PMI easing
50 Rola Abu Manneh commented on resilience
40 Bloomberg News cited tanker-tracking data
Entities Involved
cnt
United Arab Emirates
The UAE is the subject of the forecast, with its non-oil economy showing resilience and oil exports recovering. This supports its economic stability and attractiveness for investment.
Importance 100.0 Sentiment 20.0
stock
Standard Chartered
Standard Chartered issued the forecast, reinforcing its role as a key economic analyst in the region. The positive outlook may enhance its reputation and client confidence.
Importance 100.0 Sentiment 15.0
loc
Strait of Hormuz
The partial reopening of the Strait of Hormuz facilitated recovery of UAE oil exports, a key factor in the forecast.
Importance 60.0 Sentiment 10.0
stock
WSP Global
WSP Global provided the PMI data used in the analysis, confirming continued expansion. Its index is a key indicator for the region.
Importance 50.0 Sentiment 0.0
per
Rola Abu Manneh
As Standard Chartered's CEO for the region, she commented on the resilience, reinforcing the bank's positive outlook.
Importance 40.0 Sentiment 10.0
loc
United Arab Emirates — Dubai
United Arab Emirates — Dubai's non-oil PMI eased but remained above 50, with output growth accelerating. The emirate benefits from the overall positive outlook.
Importance 40.0 Sentiment 10.0
alliance
Gulf Cooperation Council
The GCC's economic recovery is referenced as context for the UAE's growth, but the GCC itself is not directly impacted.
Importance 30.0 Sentiment 5.0
priv
Bloomberg News
Bloomberg provided tanker-tracking data cited in the analysis, supporting the oil export recovery claim.
Importance 20.0 Sentiment 0.0
Relationships
United Arab Emirates related ↔ Standard Chartered
United Arab Emirates related ↔ WSP Global
United Arab Emirates related ↔ Gulf Cooperation Council
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