Abu Dhabi
This translates to an adjusted profit before tax margin of 70 percent, up by 4 percentage points from H1 2023
The launch reflects the UAE's vision to establish itself as a global AI hub
Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027
Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation
This investment signals the UAE's commitment to accelerating the growth and adoption of digital technologies across its economy
In 2023, the two nations had $1.3 billion in non-oil trade, a 30 percent increase from 2022 and 83 percent more than in 2019
The report noted strong performance in the fuel and tourism sectors
The country has become a leading hub for global scientific research, especially in space exploration
System will support EWEC's goal of raising its solar capacity to 7.5 gigawatts by 2030
