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Project awards in the Gulf slow in the wake of the war
The UAE remained the Gulf’s largest projects market despite the slowdown, with a growth in gas and transport contracts keeping…
Adnoc doubles down on US natgas push
The firm is reviewing 29 potential acquisitions and JV agreements to build its US natural gas business
UAE exits Opec to prioritize capacity over quotas
Near-term impact will likely be minimal given ongoing disruptions, but long-term? GDP growth could get a major boost
The surge in fuel prices is working its way through the economy
Freight, food, and aviation are under early strain as businesses absorb fuel costs, for now
Prolonged regional conflict could drag UAE growth to 1.4% as BMI slashes GCC outlook
Overall, the GCC is expected to grow only 1.9%, down from 4.8%
THIS MORNING: Operations are back on at Dana Gas’ Khor Mor + CMA issues virtual assets framework
Dubai’s healthcare freezone is the latest to see support measures
Moody’s reaffirms UAE’s Aa2 rating despite regional headwinds
This rate is driven by the economy's high per-capita income, robust institutions, and effective policymaking
THIS MORNING: EGA could need a year to restore full production at Al Taweelah + The UAE is now the 9th top goods exporter
Plus: Opec+ opts for a supply hike
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