The UAE has been ranked the world’s leading real estate investment destination in a new global investor survey commissioned by Arada and conducted by Penta Group, reflecting continued international demand for property exposure in the...
Tag : UAE economy
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....
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...
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...
ADNOC Gas plc announced a net income of $1.27 billion for the first quarter of 2025, representing a 7% increase compared to the same period in 2024. The company also reported an EBITDA of $2.16...
MENA Newswire News Desk: The United Arab Emirates (UAE) is projected to see its Gross Domestic Product (GDP) grow by 3.3 percent in 2024 and rise to 4.1 percent in 2025, according to the latest...
MENA Newswire News Desk – The UAE is expected to witness significant economic growth, with a 4.8% expansion projected by 2025, according to Oxford Economics. This growth will be driven primarily by the non-oil sector,...
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...