MEcon | March 2026 Edition
This report provides March’s updates and analysis on key topics and valuable regional insights across the Middle East, focusing on the Saudi Arabia, United Arab Emirates, and Qatar markets.
Don’t miss next month’s MEcon update
Subscribe to receive the latest Middle East Economic Monitor reports.
Saudi Arabia
Saudi Arabia’s real GDP grew 4.5% YoY in 2025, reaching SAR 4.9 Tn, driven by strong sector performance. Amid ongoing regional conflict, KSA is adapting logistics routes and introducing new initiatives to maintain shipment and supply chain stability. Despite challenges, KSA’s economy is expected to remain resilient, with S&P Global and Moody’s reaffirming its sovereign ratings.
UAE
The UAE’s sovereign credit ratings are expected to remain stable through 2025-2026, backed by strong fiscal buffers and low public debt. The government is responding to the ongoing regional challenges by strengthening trade, providing liquidity support, and monitoring prices, while advancing initiatives to sustain stability, diversification, and long-term competitiveness.
Qatar
Qatar’s GDP grew 2.9% in Q3 2035, driven mainly by non-hydrocarbon sectors. The recent escalation has disrupted Qatar’s LNG sector, affecting production and exports, which may put pressure on its fiscal position in 2026. However, Fitch and S&P have affirmed Qatar’s investment-grade credit ratings, citing strong government assets and planned LNG capacity expansion as key buffers.
