The International Monetary Fund, which raised its 2025 growth outlook for the Middle East and North Africa last week, has said that risks for the region are still tilted to the downside, despite a recent improvement in geopolitical tensions.

The IMF has lifted its 2025 GDP growth forecast for the MENA region to 3.3 per cent, from 2.6 per cent it projected in May.

“The outlook this year reflected a resilience, despite the fact that we live in elevated global uncertainty and a situation where trade tariffs affected most of the world and the geopolitical tensions are still there,” Jihad Azour, director of the IMF’s Middle East and Central Asia department, told Reuters.

Read more-Global Rail 2025: Siemens powers the next leap in Middle East rail innovation

Regional oil exporters are benefiting from higher oil production as well as increased public investment and implementation of structural reforms as part of economic diversification efforts.

Lower commodity prices, a rebound in tourism and stronger remittances have helped improve growth among oil importing states, with improved access to financial markets and moderating inflation providing support.

“Of course, those developments come in a context where uncertainty is still high and the risks are tilted to the downside,” Azour said in Dubai, ahead of the launch of the IMF’s Regional Economic Outlook report.

These included a further softening in oil prices if global demand declines, increased global trade tensions, although the region had so far been less affected than others, and higher global inflation.

“Geopolitical tensions in the last couple of weeks have shown signs of improvement but one has to remain vigilant.”

Tourism, remittances boost Egypt GDP forecast

Growth in Egypt was revised up to 4.3 per cent for 2025, up from 3.8 per cent projected in May, supported by an increase in tourism revenue and strong remittances from Egyptians abroad. Inflation has also plunged from almost 40 per cent in 2023 to 11.7 per cent in September, helped by the IMF’s $8bn bailout programme in March 2024.

“We encourage the authorities to accelerate the implementation of two important milestones, divestment and increase the level of clarity under some of the state-owned enterprises,” Azour said.

He said that IMF discussions with Egypt on the combined fifth and sixth review of its loan programme were ongoing, and expected to be completed during the fourth quarter.

Since 2020, the IMF has approved $55.7bn in financing for countries in the region, with $21.4bn approved since early 2024 for programmes in Egypt, Jordan, Morocco and Pakistan.

Etihad Airways has reached a significant milestone, now operating 300 scheduled passenger flights daily, reflecting over 20 per cent year-on-year growth and reinforcing its position as one of the world’s fastest-growing full-service carriers.

This achievement highlights the airline’s strong operational performance, network expansion, and sustained passenger demand, a WAM report said.

Read more-Etihad Airways passenger numbers rise 18% in first 9 months of 2025

“We are expanding destinations, our fleet, and our talented workforce towards our goal of making Etihad the airline everyone wants to fly,” said Captain Majed Al Marzouqi, chief operations and guest officer at Etihad Airways. “This milestone was made possible through our people’s dedication and the trust of our guests.”

In September 2025, Etihad carried 1.9 million passengers, a 21 per cent increase compared to the same month last year, maintaining a high load factor of 89 per cent. Over the first nine months of 2025, the airline flew 16.1 million passengers, an 18 per cent rise year-on-year.

Etihad has launched or announced 31 new destinations this year, including Medan, Phnom Penh, Addis Ababa, and Krabi, bringing its global network to nearly 90 destinations.

Modern infrastructure and growing workforce drive success

The carrier’s fleet has expanded to 115 aircraft, up from 96 in September 2024. Additions include new Airbus A350s, Boeing 787 Dreamliners, A380s, and A321LRs, offering upgraded cabin experiences with private First Suites and lie-flat Business Class seats.

Supporting this growth is the new Zayed International Airport, equipped with advanced biometric systems that enable kerb-to-gate movement in just 12 minutes. The airport’s annual capacity of 45 million travellers positions it as a key enabler of Etihad’s growth strategy.

In the first half of 2025, Etihad welcomed 1,700 new employees and promoted over 1,100 staff across various departments. Its UAE National Talent Strategy, launched earlier this year, aims to double the Emirati workforce within five years, underscoring its commitment to national talent development and Abu Dhabi’s rise as a global aviation hub.

As the UAE accelerates toward its net zero 2050 goals, Al-Futtaim Toyota and Lexus are steering the automotive landscape into a new era of electrified mobility.

With hybrids taking centre stage as the most practical bridge between traditional and electric vehicles, MD Jacques Brent shares how the brands are aligning with the nation’s sustainability vision, investing in next-generation technologies, and redefining customer experiences in one of the region’s most dynamic markets.

How are you seeing customer preferences in the UAE shift between traditional, hybrid, and fully electric vehicles, and what role do you expect Toyota and Lexus to play in this transition?

We’re witnessing a fundamental shift in customer preferences and expectations. UAE buyers are increasingly looking for vehicles that combine sustainability, technology and value, and electrified mobility is at the heart of that change. Hybrid electric vehicles remain the strongest entry point today, as they deliver immediate fuel savings and reduced emissions without the need for charging infrastructure.

EV adoption is also accelerating as infrastructure grows and government support expands, driven by initiatives such as the UAE’s Net Zero 2050 strategy as well as Al-Futtaim Automotive’s own commitment to deliver 50 per cent new energy vehicles and 10 per cent of the country’s charging stations by 2030.

At Al-Futtaim Toyota and Lexus, we see our role not just as participants, but as architects of this transformation. Toyota’s multi-pathway strategy ensures we offer hybrid, plug-in hybrid, battery electric, and even hydrogen fuel cell vehicles to meet customers where they are, while Lexus has carved a leadership position in sustainable luxury with models like the LX700h, the brand’s flagship luxury hybrid electric SUV.

Together, we’re defining what the next chapter of mobility looks like in the UAE.

Sustainability is increasingly driving policy and consumer behaviour in the region. How is Al-Futtaim Toyota and Lexus aligning its strategy with the UAE’s broader green mobility agenda?

Sustainability is embedded in our DNA and is exemplified in Toyota’s global Environmental Challenge 2050. Locally, that means aligning with the UAE’s net zero ambitions through a portfolio of practical, scalable solutions.

We’ve introduced hybrid electric vehicles across multiple segments, expanded our EV roadmap.

We’re also collaborating closely with government entities and energy providers on infrastructure, research, and pilot projects in hydrogen and advanced mobility. Our focus is pragmatic: provide customers with technologies that reduce emissions today, while laying the groundwork for a carbon-neutral future.

The UAE is becoming a testbed for advanced mobility solutions, from EV infrastructure to autonomous driving pilots. How do you see Toyota and Lexus positioning themselves in this evolving landscape?

The UAE’s role as a hub for innovation aligns perfectly with Toyota’s multi-pathway strategy. Toyota is investing globally in autonomous technologies, hydrogen, and next-generation electrification, and through Al-Futtaim we are actively supporting the UAE as a proving ground for these solutions.

Whether it’s expanding EV infrastructure, piloting hydrogen mobility, or preparing the market for autonomous-ready vehicles, we see the UAE as a place where global innovation and local adoption meet. Toyota builds trust and scale at the mass-market level, while Lexus redefines sustainable performance and luxury. Together, we are committed to helping shape the UAE into a showcase for the future of mobility.

Beyond new car sales, how important is the certified pre-owned (CPO) market in the UAE, and how are you adapting your offerings to meet the needs of value-conscious yet brand-loyal customers?

The CPO market is critical, especially in a region where customers value both quality and value retention. Many customers want the reassurance of Toyota or Lexus engineering but at a more accessible price point. Our CPO program guarantees that vehicles undergo rigorous checks, come with full service history, and benefit from manufacturer-backed warranties.

This approach not only supports value-conscious customers but also extends the life cycle of vehicles in a sustainable way, ensuring quality mobility solutions are available across customer segments.

However, the value offered by our CPO programme also extends to customers purchasing new vehicles from Toyota and Lexus as well. They can rest assured that their new vehicles will retain their resale value at exceptional levels, due to their reputation for durability and reliability, and high demand in the pre-owned market.

With EV and hybrid adoption gaining momentum, what challenges and opportunities do you see in the aftersales and servicing side of the business in the UAE?

Electrified vehicles present both opportunities and a new set of requirements. On one hand, EVs have fewer moving parts, meaning lower long-term maintenance costs. On the other hand, customers need reassurance around battery health and servicing expertise.

We’ve invested heavily in training our dealer network, upgrading workshops, and equipping technicians with the skills to handle advanced powertrains.

For hybrids, routine maintenance remains straightforward, while for EVs, we’re building an ecosystem that covers everything from battery diagnostics to energy management. Our goal is to make ownership intuitive, reliable, and stress-free.

From your perspective, what other key automotive trends are shaping the UAE market today — whether that’s digital retail, financing models, connected car technology, or shifting customer expectations?

Several trends are converging. First, digital retail and omni-channel experiences are now expected, with customers researching, configuring, and even purchasing vehicles online.

Second, flexible financing models are growing, with younger customers looking for subscription-style access or shorter-term commitments.

Third, connected car technologies are moving from novelty to necessity, with features that integrate seamlessly into digital lifestyles.

All of these trends point toward one reality: customers want mobility that is smarter, greener, and more personalised. At Al-Futtaim Toyota and Lexus, we’re responding by expanding digital touchpoints, building flexible ownership models, and continuing to innovate around electrification.

For UAE residents, securing a US visa can often be an exercise in patience — with appointment wait times stretching for months and unpredictable embassy backlogs leaving travellers uncertain. Atlys, a travel-tech platform founded by Mohak Nahta, is seeking to change that by using data intelligence and automation to bring transparency and predictability to the visa application process.

“Visa timelines are primarily shaped by sustained demand and finite appointment capacity at consular posts,” said Nahta. “The UAE is a major travel hub with consistently high application volumes, and during periods of elevated demand appointment availability can become uneven and difficult to predict.”

Atlys was built to reduce that uncertainty. “Our platform continuously monitors appointment availability and surfaces new openings the moment they appear, giving applicants immediate visibility and a clear path to the next available slot,” he explained. “This approach helps many applicants complete the appointment stage in about eight weeks. We do not change government processes; we make them easier to navigate and more predictable for applicants.”

Real-time visibility meets regulatory compliance

Atlys’ model is powered by a purpose-built monitoring engine that scans publicly available embassy appointment data in real time. “We use purpose-built technology to monitor publicly available appointment information in real time and detect new openings as they are released,” said Nahta. “When availability changes, the platform notifies applicants so they can act promptly.”

He stressed that regulatory alignment is central to the company’s design. “Compliance is foundational. Atlys is engineered to operate with transparency and integrity and to align with applicable U.S. and UAE requirements. Our systems are intended to enhance visibility and reduce friction while fully respecting the boundaries of official processes.”

While visa processing often feels unpredictable, Atlys’ data models have introduced a level of certainty that traditional systems lack. “Over several years we’ve observed consistent patterns that allow us to forecast timelines with a high degree of accuracy,” said Nahta. “By combining those insights with continuous monitoring, we consistently help travellers reach an appointment in roughly eight weeks, fully within official guidelines.”

According to Nahta, these forecasts are dynamic. “Our predictive systems continuously ingest real-time demand and availability signals and adjust promised timelines accordingly,” he said. “When availability improves we can move timelines forward; when demand spikes we update expectations and communicate revised timing to users.”

Balancing automation and assurance

A key feature of Atlys is its AI-powered DS-160 form automation and mock interview tool, designed to help applicants prepare and submit error-free applications. But for Nahta, automation is only as effective as its accuracy and security.

“Security and privacy are non-negotiable,” he said. “Atlys employs 256-bit AES encryption together with strict internal and external access controls, and we are compliant with GDPR and ISO standards. These measures ensure user data is handled to independently recognised benchmarks.”

Automation, he added, is used to eliminate repetitive errors, not remove human oversight. “Automation is used to reduce clerical errors and accelerate repetitive tasks such as form population and document validation, which improves consistency and reduces the risk of simple mistakes. We also provide 24/7 customer support by live chat and phone so travellers can receive immediate clarification on requirements and status updates.”

The visa system is inherently a government function, but private innovation is filling gaps in accessibility and user experience. Nahta believes the relationship should remain complementary, not competitive.

“Atlys is designed to complement government workflows,” he said. “We do not replace official processes; we simplify them for applicants by clarifying requirements, reducing repetitive tasks, and providing reliable timelines.”

Read: GCC unified tourist visa set for pilot launch by late 2025

Predictability, he said, is the company’s core value proposition. “We provide an exact delivery commitment down to the minute. For example, ‘Your visa (decisions) will be ready on October 19 at 1:34 PM.’ That level of certainty allows customers to plan precisely and removes operational ambiguity.”

While the platform gained early traction with U.S. tourist visas, Atlys now supports visa applications for more than 100 destinations, including Schengen states and the United Kingdom. “We continue to deepen coverage across the GCC and other regions where applicants face appointment and documentation challenges,” said Nahta.

A key differentiator is Atlys’ data reuse feature, which allows verified applicant data to be securely applied across multiple visa applications. “Once a traveller completes one visa application, they can optionally reuse their verified data securely across other destinations so subsequent applications can be completed much more quickly,” he said. “In practice, that means users become visa-ready for 100+ countries, enabling applications to multiple destinations in a matter of seconds.”

Third-party visa services often face credibility challenges, but Nahta emphasised that transparency and accountability are central to Atlys’ model. “Credibility starts with visibility and accountability,” he said. “Atlys provides real-time status updates, clear step-by-step guidance, and transparent pricing so customers always know where their application stands and what to expect next.”

The company also offers refund protections and dedicated customer support. “We offer refund protections in the event of a visa rejection and back our service with continuous customer support,” he said. “Our objective is to deliver a professional, precise, and consistently excellent experience that removes uncertainty from the visa application process.”

Towards a digital mobility ecosystem

Looking ahead, Nahta sees technology and public policy converging to redefine how mobility is managed globally. “Global mobility is moving steadily toward digital frameworks,” he said. “E-visas, digital identity systems, biometric verification, and AI-assisted risk assessment are being adopted more broadly, which will make visa processing faster, more secure, and more consistent.”

“Atlys is built to align with that evolution,” he added. “As governments continue their digital transformation, our role will be to provide the user-centric layer that helps travellers navigate those varied public systems with clarity and confidence, contributing to a unified, seamless and trustworthy mobility ecosystem.”