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![Arab Monetary Fund optimistic about UAE’s economic outlook, forecasts 6.2 percent growth in 2025](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
The report noted strong performance in the fuel and tourism sectors
![UAE wins bid to host COSPAR 2028, world’s largest space research event](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The country has become a leading hub for global scientific research, especially in space exploration
![UAE’s EWEC issues bids for greenfield 400-megawatt energy system in Abu Dhabi](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
System will support EWEC's goal of raising its solar capacity to 7.5 gigawatts by 2030
![UAE’s pension authority, ADGMA forge agreement to boost financial literacy among Emiratis](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Agreement supports the UAE’s efforts to enhance financial awareness amongst Emiratis in federal, government and private sector entities
![Dubai’s office stock grows by 20,000 sq. m., Abu Dhabi adds 7,500 sq. m. in Q2 2024: Report](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces
![UAE announces $216.31 million in pension payments for July 2024, benefiting 48,199 pensioners](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
This marks an increase compared to July 2023, when AED711,323,785.25 was allocated to 46,835 recipients
![UAE, Indonesia to boost cooperation in public finance, debt management, and climate finance](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The two countries enjoy thriving bilateral trade, with $4 billion in volume in 2023Â
![UAE’s ADNOC L&S invests $1.9 billion in supersize ethane carriers and ammonia vessels](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The VLECs will be deployed on 20-year time charter contracts, generating an estimated $4 billion in revenue
![Surge in demand for industrial and logistics assets reaches 185 percent in Dubai, Abu Dhabi: Report](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The Jebel Ali Industrial Area Second Category saw rents jump 38.5 percent to AED36 ($9.80) per sq ft.
![PureHealth’s Ardent Health successfully concludes IPO on New York Stock Exchange](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
In September 2022, PureHealth acquired a 26.05 percent equity stake in Ardent Health for $500 million
![Abu Dhabi Airports launches smart travel project: Time to serve passengers down to 7 seconds](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20680'%3E%3C/svg%3E)
Traveler registration service automation to eliminate the need for travel documents or direct interaction with airport staff
![UAE and global gold prices lose luster amid profit-taking, dollar strength](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20682'%3E%3C/svg%3E)
In the UAE, gold prices fell with 24-carat gold inching up to AED293.50 per gram
![Abu Dhabi Police launches AI-powered robot to make emirate’s roads safer](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
AI technology has enhanced efforts, shortened time and provided fruitful results in police and security work
![Spanish EOS-X SPACE to launch space flights from Abu Dhabi next year](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
By 2029, the company seeks to achieve a turnover of $1.127 billion and a gross profit of $324 million
![Abu Dhabi, Hong Kong forge cooperative agreement to facilitate global trade, investment flows](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The MoU outlines a pledge for mutual cooperation on investment promotion exchanges and support
![Yas Island’s eco-friendly city earns top sustainable urban design rating in Abu Dhabi](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The Estidama 5 Pearl rating signifies excellence in sustainable design
![UAE’s GCAA invests in world-class air traffic controller training to boost aviation safety, efficiency](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The contract will see GANS provide training services to GCAA ab-initio air traffic controllers at its training centre in Al Ain
![Abu Dhabi’s ADGM reduces license fees by over 50 percent](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Fee revisions will be applicable from January 1, 2025
![UAE Central Bank’s gold holdings reach $5.54 billion by April end, up 12 percent year-on-year](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Reserves increased on a monthly basis by 3.5 percent from AED19.615 billion in March 2024
![KEZAD invests $81.67 million in expanding natural gas network in Abu Dhabi](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The new network has been developed by KEZAD Group's subsidiary, KEZAD Utilities & Facilities Management Company, in three phases
![ADNOC, Mubadala collaborate to cultivate Emirati talent for UAE’s sustainable future](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The move aims to develop Emirati talent for crucial sectors through advanced training
![Abu Dhabi’s non-oil GDP grows 4.7 percent in Q1 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The total value of the emirate’s economy (oil and non-oil sectors) reached AED286 billion during this period
![UAE banking sector transfers surpass $1.66 trillion in first four months of 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The value of transfers executed through the system increased by over 20 percent year-on-year
![Top 5 GCC IPOs by proceeds during H1 of 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
GCC region raised total proceeds of $3.6 billion from 23 IPOs during the first six months of 2024