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United Arab Emirates
Economy
UAE’s economic partnership agreements expand in 2023
New trade accords signed, more in pipeline
Markets
DFM witnesses 57,000 surge in new investor accounts
Growth fueled by IPOs and online trading trends
Economy
UAE prepares for a packed 2024 calendar of events
From tech to real estate expos, the UAE showcases global competitiveness
Banking & Finance
CBUAE issues rules to regulate short-term credit services
Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers
Economy
UAE launches unified family businesses registry
Supporting the national goal of doubling the GDP to AED3 trillion by 2031
Real Estate
UAE real estate sector marks unprecedented achievements in 2023
Residential transactions in Abu Dhabi grew by 56 percent, recording AED67.8 billion
Markets
Gold rises, U.S. dollar declines in light of expected interest rate cuts
Lower interest rates decrease the opportunity cost of holding non-yielding bullion
Economy
UAE stocks surge with over AED1 billion in liquidity
Market capitalization soars
Economy
UAE economy emerges as the most competitive as per Arab Monetary Fund
Continuous advancements key behind nation’s exceptional performance
Economy
CBUAE raises its GDP growth forecast to 5.7 percent for 2024
Increase compared to its previous forecast of 4.3 percent
Economy
CBUAE report reveals strongest-performing sectors in Q3 of 2023
Real estate, tourism and aviation showed robust performance
Sustainability
Dubai switches to sustainable electric motorcycles in delivery sector
Developing the infrastructure for the commercial transportation sector
Markets
ADGM launches new platform for online dispute settlement
Prioritizing security and confidentiality of users
Technology
New AI-powered space technology company launches in Abu Dhabi
Company's implied market capitalization stands at $4 bn
Banking & Finance
UAE banking sector sets new record with AED4 trn in assets
Total bank credit reached AED1.982 trillion by the end of October
Economy
CBUAE budget balance reaches AED647.6 billion in October
Balance sheet includes AED283.9 billion in cash and AED206 billion in investments
Sustainability
UAE’s ADNOC inks first 15-year LNG supply deal with China’s ENN
Targeting first sales in 2028
Economy
UAE President issues new law to establish Accountability Authority
New body aims to enhance the integrity of public finances, promote transparency
Energy
Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia
Successful outcome promises to derisk multiple trillion cubic feet of prospective gas resources
Technology
Abu Dhabi’s Bayanat, Yahsat announce merger, creating global space tech powerhouse
$4.08 bn combined marker capital positions merger as key player in the evolving space economy
Logistics
UAE, Qatar trade grows 68 percent, reaches AED 521 million
Main exports include ships, boats, iron, steel and mineral oils
Markets
Petrol prices in the UAE for December 2023
All petrol variants slipped from November rates
Economy
Capital Economics expects UAE to achieve significant budget surplus in 2024
Due to its robust oil production
Sustainability
UAE’s Positive Zero secures $400 mn funding to promote sustainable energy adoption in GCC
Investment to boost Positive Zero's energy transition projects in the Gulf countries
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