Egypt Ezine

Tag : UAE economy

UAE economy extends global rise on strong 2026 data
Business

UAE economy extends global rise on strong 2026 data

egyptezine.com
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
ADNOC closes $11 billion deal for offshore gas project
Business

ADNOC closes $11 billion deal for offshore gas project

egyptezine.com
ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to AED 40.4 billion ($11 billion) to advance the Hail and...
UAE strengthens position among fastest-growing economies
Business

UAE strengthens position among fastest-growing economies

egyptezine.com
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in non-oil sectors, rising trade volumes, and sustained investment inflows. Official...
ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion
Business

ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion

egyptezine.com
Abu Dhabi Commercial Bank (ADCB) has reported a remarkable 27% surge in its net profit for Q1 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33% to AED2.851 billion, while non-interest...