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Adnoc’s Borouge looks to boost production capacity to 6.6 mn tonnes by 2028
The firm inked two engineering project contracts slated to generate between AED 600 mn and AED 730 mn in annual…
BMI downgrades UAE’s growth forecast, citing weaker oil prices and global demand
Fitch Solutions’ research unit now sees the economy growing by 4.6% this year
THIS MORNING: Mubadala is re-assessing its investment strategy amid trade tensions, CEO says + Tourism is off to a strong start this year
Plus: UAE, Sri Lanka, and India will discuss Sri Lanka’s energy hub in May
Ayu Life Sciences to develop a AED 33 mn medical facility in Jafza
Dubai Center for Artificial intelligence launches a global AI investment hub
World Bank upgrades growth forecast for the UAE, citing increased oil production and non-oil momentum
The bank cited non-oil momentum as a key growth driver, led by manufacturing
THIS MORNING: UAE eyes USD 6 bn India grid link to export surplus clean power + The UAE now has 130.5k m’naires
Plus: RTA eyes reduction in travel time and more productivity with new AI strategy
UAE defies GCC trend with 11.7% y-o-y growth in project awards — though tariff headwinds loom
The jump came against a backdrop of a 26.8% y-o-y decline in overall GCC project activity
IMF maintains the UAE’s GDP growth forecast at 4%
Inflation is seen rising to 2.1% in 2025
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