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Non-oil sector takes another hit in April amid soaring prices, supply chain disruptions
The PMI is inching closer to contraction territory, though businesses are optimistic on demand over the next year
UAE will likely boost investments in oil and gas, potentially leading to a USD 40 bn windfall
Analysts expect a ramping up of investments in drilling, processing, storage, and export infrastructure
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…
The GCC’s green pivot hasn’t been undermined by the war, says S&P
Project sequencing and capital deployments could shift, but projects are still moving ahead
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 investors still back local markets, just more cautiously
91% remain confident in UAE-listed companies, even as investors rotate toward gold, energy, and more defensive positioning amid war-driven volatility
DMCC adds office supply, Stake builds an exit door, Masdar to set up JV in Montenegro, Bain heads to Abu Dhabi
DMCC is adding more than 560k sq ft of Grade A space as Dubai’s office market shifts from tight supply…
More progress with China, another Open Finance milestone for ADIB, Edge explores more defense cooperation in Brazil, and Barings opens Abu Dhabi office
The Jereh agreement builds on momentum from earlier this week, when the UAE and China signed 24 agreements covering hydrogen,…
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