‎Sharjah economy seen growing 5% in 2027: Moody’s

‎<p class="ckeCaption" ><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/2b96e807-881c-4b9d-bc85-8c92e5337c18.png" ></span></span>Sharjah’s real estate sector continues to support government revenue through land sales.</p> <hr> <p >Moody’s Ratings expects Sharjah’s economy to grow by 5% in 2027, assuming regional disruptions affecting shipping and travel gradually ease over the course of next year.</p> <p ><br> The agency said Sharjah’s economy has a strong capacity to absorb shocks, supported by diversified economic activities, high per capita income and the credit benefits associated with the UAE.</p> <p ><br> Sharjah’s fiscal trajectory continued to improve, with positive momentum from 2025 carrying into 2026, supported by robust real estate activity and broader government revenue sources, Moody’s said. It expects the emirate to record a primary budget surplus in both 2026 and 2027.</p> <p ><br> The agency affirmed that Sharjah’s Ba1 credit rating with a stable outlook reflects continued improvements in fiscal indicators and the government debt trajectory, with risks balanced at the current rating level.</p> <p ><br> Moody’s added that the manufacturing sector, which serves other UAE emirates and regional markets, continues to support economic activity, while a strong real estate sector is boosting government revenue from land sales.</p> <p ><br> The agency stressed that sustainable revenue diversification, improved debt metrics and greater fiscal policy efficiency would support Sharjah’s creditworthiness going forward.</p> <p ></p>

Publication

Argaam - UAE News · Trade Publication

Published

19th October 2026

Original report

argaam.com

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