EWEC, a leading company in the integrated planning, purchasing and supply water and electricity across the UAE, has awarded its new 1.5 gigawatt (GW) Khazna Solar Photovoltaic (PV) Independent Power Project to Engie and Masdar.
The UAE tourism sector delivered a robust performance last year, with its contribution to the national GDP rising to 15 per cent, compared to six per cent in 2021, said Abdulla bin Touq Al Marri, Minister of Economy and Tourism.
Flowciti has officially announced its launch in Bahrain, Saudi Arabia and UAE as a holding company specialising in smart cities solutions, bringing together technology, operational execution, and user experience within a fully integrated ecosystem. The group seeks to create sustainable value for the real estate sector, businesses and institutions.
The UAE aviation sector remains a strategic pillar of the national economy and a global benchmark for governance, innovation and sustainability. In 2025, achievements strengthened competitiveness, supported trade, tourism, logistics and supply chains, and contributed up to 18% of GDP.
The UAE’s non-oil foreign trade reached approximately AED3.8 trillion ($1.03 trillion) in 2025, recording growth of 27% compared to 2024 and 44.3% compared to 2023. It also achieved growth of 65% and 97.4% compared to 2022 and 2021 respectively, exceeding twice the level of 2019.
Etihad Rail, the developer of the UAE National Railway Network, has joined hands with IronLev, a high-tech Italian company, to launch a first-of-its-kind magnetic levitation trial in the Middle East, thus introducing a new vision for the future of sustainable rail transport in the region.
The Global Wellness Institute reports that the largest wellness markets and standout five-year growth leaders include the UAE, Saudi Arabia, India, Mexico, Poland, the UK, the Netherlands, Canada, the US, and Australia, according to its annual Country Rankings report covering wellness data from 145 countries worldwide.
McDermott, a leading provider of engineering and construction solutions to the energy industry, has announced that it has secured a major EPCI contract (in the range of $750 million to $1 billion) from Adnoc for its Nasr-115 Expansion Project, located 130km northwest of Abu Dhabi.
ONE Development has awarded the main construction contract for its flagship residential project - Laguna - featuring iconic twin towers connected by the UAE’s largest podium-level lagoon. A fully AI-integrated residential community in Dubai, it brings a mix of open space, residential living and 40 key amenities.
Abdullah Al Marri, UAE Minister of Economy and Tourism, emphasised enhancing cooperation and partnerships with UN Tourism, exchanging expertise across tourism sectors. He made the remarks during a bilateral meeting with UN Tourism Secretary-General Shaikha Al Nowais at FITUR Madrid 2026.
