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

Economy

The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) in the UAE have issued a joint statement denying rumours spread across websites and social media that claim the country is offering golden visas to cryptocurrency investors.

posted on 08.07.2025

Economy

Abu Dhabi’s population surpassed 4 million in 2024, reflecting a 7.5% increase, according to the Statistics Centre – Abu Dhabi (SCAD) on Monday.

posted on 30.06.2025

Economy

The United Arab Emirates (UAE) achieved a 4% real GDP growth in 2024, reaching 1.77 trillion Dirhams (approximately $482 billion), driven largely by strong performance in non-oil sectors, according to the Ministry of Economy.

posted on 16.06.2025

Economy

Analysts report that the UAE’s economic outlook remains strong despite global economic uncertainty.

posted on 02.06.2025

Economy

Real estate activity in five UAE emirates exceeded AED239 billion in the first quarter of this year, driven by strong investor confidence, supportive regulations, and a growing number of development projects, according to official figures.

posted on 26.05.2025

Economy

Abu Dhabi’s industrial sector output rose to Dh111.6 billion ($30.38 billion) in 2024, marking a 23% increase since the launch of the emirate’s industrial strategy in 2022, according to Ahmed Al Zaabi, chairman of the Abu Dhabi Department of Economic Development.

posted on 20.05.2025

Economy

Abu Dhabi and the UAE federal government plan to issue over $8 billion in local currency debt this year to help establish a domestic yield curve, according to a new report.

posted on 13.05.2025

Economy

The International Monetary Fund (IMF) forecasts Abu Dhabi's economy to grow by 4.2% in 2025, with growth accelerating to 5.8% in 2026.

posted on 02.05.2025

Economy

The UAE is positioned as one of the leading emerging global economies in terms of artificial intelligence (AI) readiness, according to a recent report by Boston Consulting Group (BCG), unveiled at the Dubai AI Assembly during Dubai AI Week.

posted on 24.04.2025

Economy

The Organisation of the Petroleum Exporting Countries (OPEC) has stated that the UAE's non-oil sector continues to show strong growth, with the latest data and economic indicators reflecting substantial expansion.

posted on 15.04.2025