9th June 2026 - 15th June 2026| WEEKLY BUSINESS ROUNDUP
June 15, 2026
World Bank forecasts: UAE, GCC economies to bounce back in 2026-27 after slower growth in 2026
World Bank reports that UAE and other GCC economies are expected to bounce back between 2026-2027 after slower growth in 2026 due to geopolitical conflicts. The World Bank revised Gulf countries growth by estimated 2.6% and 1.0% for 2026 and 2027, respectively. Reports estimate UAE's real GDP is projected to grow at 4.1% and 4.2% in 2027 and 2028.
MENA region may secure USD 642bn in investment for clean energy projects
MENA region is emerging as a major global hub for clean industrial investment, with 84 announced projects representing around USD642 billion in potential spending across clean fuels, fertilizers, steel and aluminum. UAE emerged as a key hub in the global clean energy industry as financing doubles in pace across the MENA region. Globally, 19 projects valued at USD 43 billion have been financed in the last six months.
UAE Middle East healthcare shifts to resilient supply chains, early diagnosis and greener labs
Supply resilience, sustainable procurement and early disease detection gain priority within GCC healthcare systems as diagnostics infrastructure is becoming a strategic priority. Digitalization is likely to dominate the next phase of healthcare transformation in the region AI-led systems could enable large-scale disease prevention and population health management.
UAE industrial exports hit AED 262bn; sector’s GDP contribution surges by 70%
UAE’s industrial transformation is accelerating with the sector’s contribution to the UAE’s GDP rising by nearly 70% since 2021 and industrial exports surpassed AED 262 billion in 2025. The growth is fueled under Operation 300bn, the UAE’s flagship industrial strategy launched in 2021 to increase the sector’s contribution to GDP from AED 133 billion to AED 300 billion by 2031.
UAE developers leveraging the current situation to speed up construction and delivery of projects
The UAE property market experienced a phenomenal Q1 2026 reporting total transaction value of AED 252 billion. Dubai witnessed handover of 44,000 homes between January 1 and mid-2026 and on paper, developers have slated anywhere from 90,000 to over 120,000 units for completion during the full year. Most UAE developers are using the current scenario to speed up construction and delivery of projects – especially those sold out.
UAE Artificial Intelligence and Data Authority approved to unify AI, data and digital government
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai approved the establishment of the Artificial Intelligence and Data Authority thereby creating a single national body responsible for data, artificial intelligence and digital government across the UAE.
Dubai will become the world’s leading hub for longevity and advanced healthcare
Dubai issued Law No. (17) of 2026 establishing the Dubai Longevity Authority (DLA), an entity tasked with developing Dubai as the world’s leading hub for regulated longevity, wellness and advanced healthcare offerings.
Dubai to support 295,000 companies with Agentic AI; under Agentic AI transformation plan
Dubai approved an ambitious plan to enhance the adoption of Agentic Artificial Intelligence (Agentic AI) across the private sector, targeting 295,000 companies. The emirate seeks to strengthen its position as a global hub for advanced technology, innovation and the digital economy.
Ras Al Khaimah unlocks growth hub for South China’s green tech & manufacturing giants
A high-level delegation of government and business leaders from Ras Al Khaimah engaged in strategic dialogue that connected Southern China’s world-class corporate capabilities with Ras Al Khaimah’s expanding economic landscape, paving the way for joint growth in advanced construction, green energy and smart logistics.