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Economy Middle East Summit 2025
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Abu Dhabi
Banking & Finance
CBUAE’s foreign assets surge 2.55 percent to $204.27 billion in April 2024
The Central Bank has added more than AED176 billion to its foreign assets within a year
Hospitality & Tourism
Top summer 2024 travel destinations for UAE residents revealed
Data showed a significant uptick in both domestic and international travel
Energy
ADNOC deploys AIQ’s RoboWell AI solution to autonomously operate wells
RoboWell delivers up to 30 percent optimization in gas lift consumption and up to a 5 percent increase in operating efficiency
Economy
UAE, Poland discuss collaboration in treasury, fintech, and renewable energy during first strategic financial dialogue
The dialogue seeks to boost bilateral trade and economic diversification initiatives
Hospitality & Tourism
GCC tourism’s contribution to GDP to surge to $340 billion by 2030: Report
The GCC region already boasts some of the world's most modern airports
Energy
Sheikh Khaled witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project
His Highness met with heads of global energy companies to discuss the future of the sector
Sustainability
One million mangrove seeds planted using drone technology in Abu Dhabi
EAD and its partners completed 14 programs with a progress implementation rate of 49 percent
Economy
UAE work permit cancellation to take just 45 seconds with zero documents
The new process eliminates the previous requirement of two documents
Banking & Finance
UAE-based startups lead MENA region in funding in June, securing $82.5 million across 15 deals
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Miscellaneous
UAE doubles passport validity to 10 years for citizens aged 21 and above
The move aims to reduce bureaucracy and save time for citizens
Miscellaneous
Abu Dhabi World Food Security Summit 2024 to empower innovative solutions for hunger-free world
The event is set to be hosted for the first time on November 26-27, 2024
Sustainability
UAE’s ADNOC, JBIC sign $3 billion green financing agreement
The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks
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