What Sheikh Khalifa’s passing means for the UAE

The passing of the UAE’s President Sheikh Khalifa bin Zayed al Nayhan today is unlikely to alter the economic outlook with GDP set to grow rapidly amid stronger oil output and looser fiscal policy. That said, the next president will face several challenges, including the country’s relationship with OPEC+, ensuring the UAE remains the region’s leading financial and logistics hub and dealing with Dubai’s debts.

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