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Uae Economy
NMDC Group Posts 2025 Revenue Of AED 28.8 Billion And Net Profit Exceeding AED 4 Billion
NMDC Group reports 2025 revenue of AED 28.8 billion, net profit above AED 4 billion, 20% dividend rise, and a backlog of AED 57.9 billi...
UAE's GDP Hits AED 430 Billion In Q1 2024 Highlighting Economic Resilience
Abdulla bin Touq Al Marri, UAE Minister of Economy, highlighted the UAE's robust economic performance in Q1 2024. Preliminary estimates...
EDB Launches AI Wave Programme To Elevate UAE Banking Operations
Emirates Development Bank launches AI Wave to advance AI literacy and adoption, aligning with the UAE's Artificial Intelligence Strateg...
UAE Market Capitalisation Soars As Top 20 Companies Reach AED 2.8 Trillion
The UAE's top 20 companies have reached a market capitalisation of AED 2.8 trillion, with expectations to double this value in the comi...
ADNOC’s ICV Initiative Spurs Growth In UAE’s Industrial Sector And Employment
ADNOC's ICV programme has established eight industrial centres, generating over AED700 million and creating 800 jobs, aiming for AED90 ...
Emirates Franchise Development Body Holds First Meeting, Sets Future Path
The Emirates Association for Franchise Development discussed its new articles of association in the first meeting, aiming to boost UAE'...
National ICV Programme Redirects AED 48 Billion To UAE Economy In H1 2024
The Ministry of Industry and Advanced Technology (MoIAT) has expanded the National ICV Programme, redirecting over AED48 billion to the...
Dubai Investments' Profit Rises 8.7% In Q2 2024: A Look At The Drivers Of Growth
Dubai Investments has reported a net profit of Dh289.24 million for Q2 2024, marking an 8.7% increase from Dh266.03 million in the same...
Bank Of Sharjah Achieves AED 171 Million Net Profit In H1 2024
Bank of Sharjah announces a net profit of AED 171 million in H1 2024, marking a significant turnaround from the previous year's loss....
United Arab Bank's Pre-Tax Net Profit Climbs By 26% In H1 2024
UAB announces a 26% increase in pre-tax net profit for H1 2024, with significant asset growth and a strong balance sheet highlighting i...
Arab Monetary Fund Forecasts UAE Economy To Grow By 6.2% In 2025
The UAE's economy is set for a significant growth, reaching 6.2% in 2025 with strong non-oil sector performance and strategic global hu...
EDB's Strategic Financing Elevates UAE's Industrial Growth And Job Creation In H1 2024
Emirates Development Bank reports AED 11.14 billion in financing, enhancing the UAE's industrial GDP by AED 5.5 billion and creating 22...
ADNOC Gas Awards $550 Million For UAE Gas Network Expansion And Customer Reach
ADNOC Gas plc has announced the awarding of engineering, procurement, and construction (EPC) contracts for the next phase of the UAE sa...
UAE Economy Poised For Exceptional Growth In 2024 With Strong Sector Performance
The UAE's economy is poised for further growth in the latter half of this year, achieving significant milestones due to a stable invest...
UAE Ministry Of Finance Releases Guide For Public-Private Partnerships, Highlights Priority Sectors
The UAE Ministry of Finance releases a comprehensive manual to guide public-private partnerships, focusing on infrastructure, healthcar...
UAE Economic Growth To Accelerate, Reaching 6.2% In 2025: CBUAE Report
CBUAE forecasts UAE's real GDP growth to reach 3.9% in 2024 and accelerate to 6.2% in 2025, driven by strong trade and non-hydrocarbon ...
CBUAE Announces Monetary And Banking Growth For March 2024
The Central Bank of the UAE noted increases in money supply aggregates M1, M2, and M3, alongside growth in bank assets and credit for M...
UAE's Economy Expands By 3.6%, Securing Fifth Place In Global GDP Growth Index
UAE's GDP sees a 3.6% increase in 2023, with non-oil sectors driving growth. The nation ranks fifth globally in real GDP growth, aiming...
ADNOC Sets AED90 Billion Local Manufacturing Goal To Fuel UAE's Economic Diversification
ADNOC increases its local manufacturing target to AED90 billion by 2030, aiming to boost UAE's economy and expand industrial capabiliti...
Mubadala Investment's Strategic Contributions To Strengthen UAE's Economy And Global Relations
Mubadala Investment's role in supporting the UAE's national agenda and global economy, focusing on innovation and sustainable sectors, ...
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