UAE announces major new oil, gas discoveries
The United Arab Emirates, a leading OPEC producer, announced "significant" oil and gas discoveries and introduced a new pricing mechanism ...
Country: United Arab Emirates
Aldar starts handover of two Saadiyat Island projects
UAE-based Aldar Properties said it has achieved a significant milestone in the delivery of two of its flagship developments on ...
UAE economic growth to be fastest since 2016 next year, says IMF
The UAE’s economy is recovering, with non-oil growth expected to pick up to around 3 percent next year, according to ...
UAE economic outlook stable, reforms to drive growth: NBK
The UAE’s economic outlook remains stable, despite a slowing global economy, trade disputes, softer energy demand, and heightened geopolitical tensions, ...
UAE approves $16.7bn budget for 2020 with no deficit
The UAE Cabinet, chaired by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, ...
Huawei, Phanes join hands to develop big UAE solar project
Phanes Group, a global end-to-end solar provider based in Dubai, said it has partnered with leading ICT solutions provider Huawei ...
Six in race for 2.4GW Fujairah power plant project
Emirates Water and Electricity Company, a subsidiary of Abu Dhabi Power Corporation (ADPower), has announced that it has received six ...
Etihad Rail awards $435mn systems contract for Stage Two
Etihad Rail, the developer, and operator of the UAE’s national railway, has awarded systems and integration contract worth Dh1.6 billion ...
PM upbeat on UAE financial support for Lebanon
The United Arab Emirates has promised investments and financial support for Lebanon to boost the country’s flagging economy, Prime Minister ...
Abu Dhabi non-oil foreign trade hits $33bn
The value of non-oil foreign merchandise trade through Abu Dhabi ports stood at Dh121.5 billion ($33 billion) by the end ...
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