Economy

UAE Non-Oil Trade Crosses $1 Trillion for First Time as GDP Grows 6.2%

The United Arab Emirates closed 2025 with its strongest economic performance in more than a decade, posting a 6.2 per cent real GDP growth...

Qatar Airways Orders 20 Additional Airbus A350s Worth USD 7 Billion for 2026-2030 Fleet Expansion

Qatar Airways has confirmed a firm order for 20 additional Airbus A350-1000 aircraft, valued at approximately USD 7 billion at list prices, taking its...

UK-GCC Free Trade Agreement: Progress Report and What It Means for Gulf Businesses

Negotiations between the United Kingdom and the six GCC member states on a comprehensive Free Trade Agreement (FTA) have entered their final stages, with...

Oman’s Muscat Real Estate Corridor Attracts AED 8 Billion in Foreign Investment in 2025

Oman's real estate sector recorded AED 8 billion (equivalent to OMR 800 million) in foreign property investment during 2025, according to the Oman Real...

Kuwait Launches KWD 2 Billion Smart Infrastructure Initiative Under New 5-Year Development Plan

Kuwait's Council of Ministers has approved a KWD 2 billion (approximately USD 6.5 billion) Smart Infrastructure Initiative as the cornerstone of its 2026-2030 Five-Year...

China’s USD 45 Billion GCC Infrastructure Investment: Belt and Road Projects Update 2026

China's infrastructure and investment commitments across the six GCC member states have reached a cumulative USD 45 billion under the Belt and Road Initiative...

Abu Dhabi Real Estate Market Posts Record AED 42 Billion in Q1 2026 Transactions

Abu Dhabi's real estate market recorded AED 42 billion in total property transactions during Q1 2026, a new quarterly record surpassing the previous high...

UAE and Jordan Sign AED 2.7 Billion Economic Partnership as GCC-Arab World Integration Accelerates

The UAE and the Hashemite Kingdom of Jordan have signed a Comprehensive Economic Partnership Agreement (CEPA) valued at AED 2.7 billion in immediate trade...

India-UAE CEPA Two Years On: Non-Oil Bilateral Trade Reaches USD 90 Billion Milestone

Two years after the India-UAE Comprehensive Economic Partnership Agreement (CEPA) entered into force in May 2022, bilateral non-oil trade between the two economies reached...

Saudi Arabia’s PIF Raises $15 Billion Green Bond: Largest Sovereign Green Issuance in GCC History

Saudi Arabia's Public Investment Fund (PIF) has successfully priced a USD 15 billion green bond issuance across 5-year, 10-year, and 30-year tranches, the largest...

Dubai Airports Announces Terminal 4 Expansion Plan Worth AED 14 Billion

Dubai Airports has unveiled a AED 14 billion Terminal 4 expansion masterplan at Dubai International Airport (DXB), which will add 25 million passengers of...

Qatar’s National Innovation Strategy 2030: Inside the USD 12 Billion Deep-Tech Commitment

Qatar has launched its National Innovation Strategy 2030, a USD 12 billion framework allocating public investment across quantum computing, advanced materials, biotechnology, space technology,...

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