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.
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Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA) has issued a resolution to consolidate the assets and investments of L’IMAD Holding Company, and the Abu Dhabi Developmental Holding Group (ADQ) under the umbrella of L’IMAD.
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The global air passenger demand in 2025 (measured in revenue passenger kilometres or RPKs) rose 5.3% compared to 2024, according to an International Air Transport Association (IATA) report.
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Fitch Ratings has assigned 'neutral' 2026 sector outlook for the Gulf Cooperation Council (GCC) Corporates sector, reflecting steady earnings due to ongoing government-led capex in infrastructure and energy.
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After years of bold ambition and heavy investment, artificial intelligence adoption in both Saudi Arabia and UAE is entering a more performance-driven phase amid reports that AI could contribute $135 billion to the kingdom’s economy and $96 billion to the emirates' economy by 2030, said an expert.
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US President Donald Trump has signalled a possible opening for talks with Iran even as Washington significantly bolsters its military presence in the Middle East, keeping pressure on Tehran amid escalating tensions over Iran’s nuclear programme and internal unrest.
Lunate, a partner-led and independent global investment firm with $115 billion in assets under management, has appointed Mohamed Hassan Alsuwaidi, Founding Managing Director & Group Chief Executive Officer of ADQ, as Executive Chairman and Managing Partner, following his successful tenure at ADQ.
UAE national carrier Etihad Airways is set to launch its first-ever nonstop flights from Abu Dhabi to Calgary this November, creating a new strategic air link between the Middle East and Western Canada. The route will be operated by Etihad’s Boeing 787-9 Dreamliner.
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.
Saudi Arabia has launched a new National Privatization Strategy to significantly expand the role of public-private partnerships (PPPs) in delivering and operating large-scale projects and advancing economic diversification in line with Saudi Vision 2030.
Saudi Arabia is starting to make tough cost-cutting decisions, ordering changes across mega-projects in Neom, Jeddah and Riyadh. The latest one to join the list is a planned 2034 World Cup stadium in Jeddah, according to a Bloomberg report.
Mozambique and TotalEnergies are set to relaunch development of the French energy group’s $20 billion liquefied natural gas project on Thursday, nearly five years after work was suspended following a deadly Islamist militant attack, news agencies reported.
Dubai Aerospace Enterprise (DAE) has announced that it has reached an agreement with Royal Air Maroc for the lease of 13 new Boeing 737-8 aircraft.
Saudi Arabia’s civil aviation sector achieved exceptional growth in 2025, setting record figures in air traffic statistics. The number of passengers exceeded 140 million, up about 9%.
The Middle East and North Africa is outpacing Europe as the second fastest-growing wellness real estate market as global buyers make quality of life their main investment goal. The Mena market is expanding at just over 22% annually just behind Latin America–Caribbean (24%), said a report.
Welltec has completed the part acquisition of a downhole plug business derived from Northstar Downhole Specialists. The agreement is centered around the ODIN High-Pressure High-Temperature plug – the only retrievable bridge plug on the market validated to seal differential pressures up to 15,000 psi.
The Ajman Department of Tourism, Culture and Media (ADTCM) organized ‘Running for the Love of Kuwait’, a community sports event held to celebrate the long-standing brotherly relation between the UAE and Kuwait.
The Kingdom of Saudi Arabia has launched a new national privatisation strategy to significantly expand the role of public-private partnerships (PPPs) in delivering and operating large-scale projects and advancing economic diversification in line with Saudi Vision 2030.
Fitch Ratings has assigned 'neutral' 2026 sector outlook for the Gulf Cooperation Council (GCC) Corporates sector, reflecting steady earnings due to ongoing government-led capex in infrastructure and energy.
Abu Dhabi developer Miral has announced that 28% work has been completed on Topgolf, a major leisure and entertainment offering on Yas Island, and is on track for timely completion later this year. It is being developed in partnership with Viya, the franchise partner of Topgolf.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced the opening of the second phase of the Tamer Mölnlycke Care factory in Jeddah. A strategic joint venture of Swedish medical device company Mölnlycke, it will see the production grow two-fold to 500,000 per year.
Lockheed Martin has opened a major software factory in Riyadh to introduce the global defence major’s hitech software development ecosystem to the kingdom. Also it is setting up an in-country Talent Studio to boost digital and enterprise capabilities within the Saudi workforce.
Middle East-based HITEK AI, a part of the Farnek group of companies, has signed a three-year SAFETEK Services Agreement with Ghassan Ahmed Al Sulaiman Furniture Trading Co (IKEA Saudi Arabia and Bahrain), marking a major step in IKEA’s commitment to elevating Health, Safety, Security, and Environmental (HSSE) governance.
Abu Dhabi Department of Economic Development (ADDED) said its 100-strong delegation wrapped up a successful visit to Italy, culminating in the signing of agreements to accelerate the growth of manufacturing, entrepreneurship and agritech sectors.
AD Ports Group has announced that its digital arm, Maqta Technologies, has signed a partnership deal with US-based BigBear.ai, a leading provider of mission-ready AI for national security, to explore and develop next generation AI-powered digital trade, customs and logistics solutions.
Gatik has become the first company in North America to deploy fully driverless trucks in commercial operations, thus marks a new era for autonomous trucking, moving the technology beyond limited pilots to sustained, revenue-generating operations that are boosting the regional supply chains.
Dubai Media Incorporated (DMI) has announced the launch of its new digital platform Dubai+, bringing a significant addition to the region’s digital broadcasting landscape via family-friendly content. It features a library of first-run and exclusive film and series releases as well as live TV channels.
The Esports World Cup Foundation (EWCF) has announced the competition dates and prize model for the Esports Nations Cup 2026 (ENC), the new global esports competition built around national teams, national pride, and iconic rivalries.
