May 7, 2026
Trending now

Pakistan clears donkey meat exports to China from Gwadar

Hantavirus probe deepens after deaths on Atlantic cruise

GCC beats global average in 2026 economic freedom index

UAE and France hold talks on regional stability

CBUAE leaves base rate unchanged at 3.65%

South Korea retail sales climb 5.6% in March

UAE and Mauritania presidents deepen bilateral ties

UAE India dialogue turns to security and energy

UAE mediation helps Russia and Ukraine swap 386 captives

Syria gets US$225 million World Bank water health aid

Tag : UAE economy

Business

UAE economy extends global rise on strong 2026 data

omandailynews.com
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies. Releases published in the first quarter and early second quarter pointed to solid momentum carried......
Business

ADNOC closes $11 billion deal for offshore gas project

omandailynews.com
ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to AED 40.4 billion ($11 billion) to advance the Hail and Ghasha offshore gas development. The financing, arranged in partnership with Italy’s Eni S.p.A. and Thailand’s......
Business

UAE strengthens position among fastest-growing economies

omandailynews.com
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in non-oil sectors, rising trade volumes, and sustained investment inflows. Official data and global economic assessments indicated continued growth momentum supported by sound fiscal management and......
Business

ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion

omandailynews.com
Abu Dhabi Commercial Bank (ADCB) has reported a remarkable 27% surge in its net profit for Q1 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33% to AED2.851 billion, while non-interest income rose by 34% to AED1.061 billion. ADCB’s total assets rose by 13% to AED501......