Dubai’s GDP hits $96.6bn in first 9 months of 2025 

GDP reached 113.8 billion dirhams in the third quarter alone, up 5.3 percent from a year earlier, the Emirates News Agency – WAM reported, citing official figures. Shutterstock
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Updated 01 February 2026
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Dubai’s GDP hits $96.6bn in first 9 months of 2025 

Dubai’s economy expanded 4.7 percent in the first nine months of 2025, lifting gross domestic product to 355 billion dirhams ($96.6 billion) as growth accelerated across finance, construction and services, according to state data. 

GDP reached 113.8 billion dirhams in the third quarter alone, up 5.3 percent from a year earlier, the Emirates News Agency – WAM reported, citing official figures.  

Private-sector forecasts point to continued expansion, with a December research note from Emirates NBD projecting growth of about 4.5 percent in 2026, supported by tourism, investment and infrastructure momentum. 

In its latest analysis, WAM said the sustained growth in Dubai’s economy reflects the vitality of the local economy and the success of development policies driving the emirate’s prosperity. 

Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense and Chairman of the Executive Council of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, said: “The growth we are seeing today in Dubai’s economy is beyond what the numbers show, as it means more economic prosperity, family well-being, and growing confidence in the future of the Emirate.”   

He added: “Dubai does not rely on a single sector, but on an economic system in which all sectors are integrated, to grow together strongly and steadily, based on harmonious work teams united by the determination to achieve the highest goals of the Emirate.” 

Health and social work activities were the fastest-growing segment, expanding 15.4 percent year on year in the first nine months and contributing about 1.5 percent to GDP. Financial and insurance activities grew 8.5 percent and accounted for roughly 12 percent of output, highlighting the emirate’s role as a regional financial hub. 

In the first three quarters of 2025, the construction sector grew by 8.5 percent and contributed 6.7 percent to the emirate’s GDP. 

The real estate sector expanded by 6.7 percent during the first nine months of 2025, with its contribution to Dubai’s GDP reaching 8.2 percent. 

Director General of the Department of Economy and Tourism, Helal Saeed Al Marri, said: “Dubai’s economic performance during the first nine months of 2025 reflects our ability to sustain and accelerate growth.”  

He added: “Collaboration with our partners in the public and private sectors will enable us to launch initiatives that enhance competitiveness and open new horizons of opportunity, ensuring that Dubai remains on track to achieve the ambitious goals of Dubai’s D33 Economic Agenda.” 


Saudi-French cooperation to localize veterinary vaccine manufacturing

Updated 17 February 2026
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Saudi-French cooperation to localize veterinary vaccine manufacturing

RIYADH: In the presence of sector leaders, the National Livestock and Fisheries Development Program signed a memorandum of understanding with French company Ceva under the patronage of Minister of Environment, Water and Agriculture Abdulrahman bin Abdulmohsen Al-Fadhli, who also chairs the program’s board.

The agreement aims to localize vaccine manufacturing, transfer technology and technical expertise, and expand the industrial and commercial production of veterinary vaccines across the Kingdom.

According to the MoU, the two parties will work to achieve high efficiency in mass production scale-up and establish a clear path for sustainable commercial operation that meets the needs of the local and national market, as well as strengthen the biosecurity and food security system.

The MoU also includes the development and modernization of messenger RNA vaccine technologies, along with joint research and development of a Middle East Respiratory Syndrome vaccine for camels. This involves designing, evaluating, and developing vaccines specifically tailored to combat the virus.

The agreement also covers the development of a rabies vaccine and related solutions, as well as supporting national efforts to control the disease through vaccine provision, capacity building, and the implementation of integrated prevention strategies.

The collaboration between the program and Ceva aims to meet the needs of the poultry vaccine market in the Kingdom, currently estimated at around SR750 million ($199 million).

The company will work to cover approximately 30 percent of this market with an initial investment of around SR250 million.

With continued government support for poultry projects and increased production in the sector, the market is expected to grow at a rate exceeding 10 percent annually, reaching approximately SR1.25 billion by 2030.

The addition of the world’s leading poultry vaccine manufacturer to Biotech Park highlights the program’s key role in developing new industries within the livestock and fisheries sector.

It also highlights the program’s commitment to building international partnerships with global companies, organizations, research centers, and universities to support advanced biotechnology industries and attract high-quality investments. It also seeks to create new economic sectors based on biotechnology, enhance veterinary health security, and support the sustainable economic development of the livestock sector, as well as empower national and emerging companies and provide advanced research and industrial infrastructure.

This will solidify the Kingdom’s position as a global hub for biotechnology industries and the development of national capabilities.

Ceva is the first international partner to join Biotech Park, the future veterinary biotechnology city launched by the program in Dhurma Governorate. The city is the world’s first specialized and fully integrated hub for veterinary biotechnology, serving as a benchmark for sector development and a platform supporting markets across the Kingdom, the Gulf, the Middle East, Africa and beyond.

The signing of Ceva is a significant step, given its position as the world’s leading manufacturer of poultry vaccines and medicines, and one of the most prominent international companies in the field of biotechnology.

The MoU aims to localize the veterinary vaccine industry, ensuring its compatibility with the strains of poultry diseases prevalent in Saudi Arabia. This includes the transfer of technology and technical expertise from Ceva, along with the implementation of specialized training programs to guarantee that manufacturing facilities comply with international Good Manufacturing Practice standards.