economy

ADFW through the years: A journey of growth and global influence

ADFW serves to reaffirm Abu Dhabi’s position as one of the Gulf Cooperation Council’s leading financial hubs

Abu Dhabi Business Week spotlights emirate’s investment appeal

Event showcased the investor journey in Abu Dhabi and the emirate’s services for both local and international investors

ADBW 2024: Abu Dhabi announces Golden Vendor list to boost local procurement in industrial sector

Products and services that are part of the Golden Vendor List will now be integrated into the Abu Dhabi Government's tendering process

UAE non-oil economy reports strong growth in November: PMI

The Dubai PMI climbed to 53.9 in November, up from 53.2 in October but slightly below the UAE's 54.2

Abu Dhabi’s Hub71 secures $1.9 billion in funding for startups

The global tech hub generated revenues surpassing $1.08 billion

Global trade set to reach record $33 trillion in 2024: UNCTAD

This represents a 3.3 percent annual growth rate, showcasing the resilience of international trade amid ongoing challenges

Abu Dhabi’s NMDC LTS signs definitive agreement to acquire 70 percent equity stake in Emdad

The acquisition, pending regulatory approvals, will allow NMDC to expand into oilfield services

ADBW 2024: Abu Dhabi Chamber launches 2025-2027 Roadmap with five pillars for innovation and growth

The new roadmap guides the enhancement of the emirate’s economy, building on ADCCI’s successes over the next three years 

Qatar launches green bonds trading on London Stock Exchange

Ministry of Finance launched the green bonds with the aim of financing environmentally friendly projects

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Salik assigned strong investment grade credit ratings by Moody’s, Fitch

Fitch has assigned Salik an investment grade A- issuer default credit rating with a stable outlook

Optimism in Saudi real estate fueled by lower rates and strong transparency: Report

The Kingdom’s commitment to economic diversification under Vision 2030 support growth and boost investor confidence