The global oil market could swing into a substantial surplus next year as production recovers sharply following the US-Iran peace agreement and the gradual reopening of Gulf energy routes, according to the latest outlook from the International Energy Agency (IEA).
The Comprehensive Economic Partnership Agreements (CEPA), which the UAE has concluded with 36 countries so far, have enabled the UAE’s non-oil foreign trade to surpass $1 trillion (AED3.8 trillion) in 2025, said a senior official.
EDGE Group, an UAE-based defence company, has announced that its contracts under execution exceed $25 billion, underscoring the strong international demand for its products and solutions. About 50% of those contracts are allocated to exports and are scheduled over multi-year timelines.
The value Bahrain’s non-oil imports decreased by 17% and non-oil of exports (national origin) decreased by 10% in the first quarter of 2026, according to the Foreign Trade report released by the Information & eGovernment Authority (iGA).
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.
Saudi Arabia achieved record growth in date exports in 2025, with their value reaching SAR1.938 billion ($516.89 million), a 14.3% increase compared to 2024 and a significant 59.5% surge since 2021.
Saudi non-oil exports achieved a historic performance in 2025, rising to SAR624 billion ($166.36 billion) from SAR543 billion in 2024 and recording 15% annual growth, while their share of total exports increased from 39% to 44%, the highest in history.
Oman’s oil exports recorded a 3 percent increase by the end of January 2026, reaching 26,600,200 barrels compared to 25,821,300 barrels during the same period in 2025.
The UAE’s industrial exports reached a record value of AED262 billion ($71.34 billion) in 2025 for the first time, recording 25% growth compared to 2024 and more than doubling since the establishment of the Ministry of Industry and Advanced Technology in 2020.
Saudi Arabia's non-oil exports, including re-exports, rose by 32.3% in October 2025 compared with the same period in 2024, data released by the General Authority for Statistics (GASTAT) showed.
