Economy

The United Arab Emirates announced on Saturday that it plans to invest $1 billion to enhance artificial intelligence infrastructure and AI-powered services across Africa, with the goal of supporting nations in achieving their national development objectives.

posted on 24.11.2025

Economy

The UAE government has completed its first national transaction using the Digital Dirham.

posted on 13.11.2025

Economy

The industrial sector generated Dh190 billion ($51.74 billion) for the UAE’s GDP last year, marking a 62% rise since 2020.

posted on 06.11.2025

Economy

A $6 billion investment mapping initiative was launched at the UAE–Africa Tourism Investment Summit 2025, aiming to enhance tourism, infrastructure, and connectivity throughout the continent.

posted on 29.10.2025

Economy

The UAE’s economy is expected to surpass the global growth average this year, showing resilience amid ongoing global economic uncertainties, the International Monetary Fund (IMF) said last week following its Article IV consultation with the Emirates.

posted on 06.10.2025

Economy

By mid-September 2025, the UAE saw the number of commercial licenses in tourism, hospitality, aviation, air transport, aviation technologies, and digital tourism solutions soar to 39,546, a 275% rise compared with mid-September 2020, a senior minister said.

posted on 29.09.2025

Economy

The UAE’s real estate sector has strengthened its role as a key driver of economic growth, buoyed by rising confidence from both local and global investors in the nation’s solid fundamentals and adaptable regulations, while steadily unveiling new projects that draw foreign investment across diverse property segments.

posted on 24.09.2025

Economy

The UAE’s property market has sustained strong growth since the start of the year, bolstered by the strength of both oil and non-oil industries along with a surge in foreign investment.

posted on 02.09.2025

Economy

The UAE banking sector recorded AED9.528 trillion ($2.6 trillion) in transfers through the UAE Funds Transfer System (UAEFTS) during the first five months of this year.

posted on 20.08.2025

Economy

The UAE is steadily reinforcing its role as a global frontrunner in digital transformation, driven by a visionary approach and national strategies that emphasise digital innovation as essential for sustainable development and economic growth.

posted on 11.08.2025

Economy

Abu Dhabi's non-oil foreign trade surged by 34.7% year-on-year in the first half of this year, reaching Dh195.4 billion ($53.2 billion), reflecting the emirate's ongoing economic growth supported by diversification initiatives and government efforts.

posted on 04.08.2025