Mastercard Economics Institute’s Economic Outlook for 2023: UAE consumers shop,dine out more frequently but spend less per visit

• Unemployment rate to reduce in the UAE, indicating more resilience for jobseekers
• Housing-related spend in the countryremained at the same level in 2022 as in 2019
• Businesses with an omnichannel presence are likelier to withstand shocks by meeting customers where they want to shop