Abu Dhabi's non-oil foreign trade rose 36 per cent in 2025, exceeding AED415.4 billion ($113.11 billion) compared with approximately AED306 billion in 2024, Abu Dhabi Customs said.
The UAE’s decision to exit Opec and Opec+ marks a significant turning point in global oil markets, said a leading market analyst, highlighting shifting geopolitical dynamics and evolving supply expectations. The UAE is leaving the alliance effective May 1, ending nearly six decades of membership.
Qatar has introduced a package of measures aimed at supporting market stability and boosting investor confidence amid evolving regional conditions. Delivered through the nation’s foreign direct investment ecosystem, it will provide immediate financial and operational relief to the international business community.
The fifth edition of Make it in the Emirates kicks off on May 4 in Abu Dhabi under the theme 'Emerging Stronger', bringing together more than 1,100 exhibitors across 12 industrial sectors, while introducing new procurement opportunities aimed at localising the production of 5,000 products within the UAE.
OKX, a global fintech company, has launched a joint framework with BlackRock and Standard Chartered to integrate BlackRock’s BUIDL tokenised short-term treasury fund into collateral workflows, thus marking the first time a globally systemically important bank (G-SIB) has acted as custodian in such an arrangement.
Epiroc, a global productivity partner for mining and construction, has unveiled its new EC 122 hydraulic breaker, engineered to deliver improved handling, extended service life, and simplified maintenance. The new model is 80 kg lighter than its predecessor, reducing overall carrier load and improving maneuverability
UAE-headquartered Paradigm Holdings has signed a new gold supply agreement with the Government of the Democratic Republic of Congo (DRC), further strengthening its position as a growing player in the global precious metals market.
Siemon, a global leader in high‑performance network infrastructure solutions for data centers and smart buildings, has released its 2026 Environmental, Social and Governance (ESG) report, highlighting progress on climate targets and expanded use of renewable energy and focus on transparency.
Adnoc Logistics & Services (Adnoc L&S) has taken delivery of its sixth 175,000 m³ new-build LNG carrier from Jiangnan Shipyard in China. The vessel is part of a $1.2 billion LNG fleet order placed in 2022.
Eurogulf Transformer FZE, a manufacturer of power and distribution transformers, has announced plans to expand its industrial facilities in Hamriyah Free Zone in Sharjah, with a new investment of nearly AED60 million ($16.34 million).
