The World Bank forecasts that the economic growth rate of the Gulf countries will reach 3.4% in 2025 and increase to 4.1% in 2026. The expected growth rate for the Middle East and North Africa (MENA) region as a whole is also estimated at 3.3%.

Andry Rajoelina, President of the Republic of Madagascar, highlighted the UAE’s effective role in supporting Madagascar’s economic vision, saying that cooperation with the UAE will allow his country to experience a qualitative leap through numerous development projects.