Fitch: The UAE debt market will exceed $350 billion in 2026

It exceeds 400 billion in a few years. The UAE is among the largest issuers of debt instruments in emerging markets. The decline in oil prices and the US interest rate cut enhance issuances. Fitch Agency expected that the debt market in the UAE will continue its strong growth during the year 2026, with its size exceeding $350 billion, with the possibility of exceeding $400 billion during the next few years, driven by the diversification of financing sources, financing needs across various sectors, regulatory reforms, in addition to the development of the monetary framework for the dirham. Fitch indicated that its expectations of a decline in oil prices ($63 per barrel in 2026 and 2027), in addition to the continued reduction of US interest rates (3.25% in 2026).