The UAE's economy grew 6.2% year-on-year to AED 1.9 trillion in 2025, driven by a 6.8% expansion in the non-oil sector, which reached AED 1.5 trillion, according to the Federal Competitiveness and Statistics Centre (FCSC).
The UAE's hospitality sector delivered robust results in 2025, with hotel guest numbers rising 5.1% year-on-year to more than 32 million, according to a work report on the UAE tourism sector reviewed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
UAE construction and engineering firm Alec Holdings has secured a USD 1.7 billion contract to design, procure and construct Sphere Abu Dhabi on Yas Island, with the venue targeted for completion in 2029.
Abu Dhabi-based Fertiglobe, the world's largest seaborne exporter of urea and net ammonia combined, delivered a strong first quarter for 2026, with revenues climbing 32% year-on-year to AED 3.36 billion on the back of elevated urea and ammonia pricing.
Saudi Aramco delivered a strong first-quarter performance for 2026, reporting adjusted net income of USD 33.6 billion – a 26% year-on-year rise from USD 26.6 billion and a 34% jump on the prior quarter's USD 25.1 billion.
The fifth edition of Make it in the Emirates, held at ADNEC Centre Abu Dhabi from May 4–7, drew more than 1,200 exhibitors across 88,000 square metres, cementing advanced manufacturing as a cornerstone of UAE economic strategy.
The Sharjah Business Women Council (SBWC) has inaugurated a new business hub at Al Mamsha, creating a dedicated space for women entrepreneurs to network, exchange knowledge, and access practical support.
UAE master developer Arada is rolling out a four-hospital healthcare network backed by AED 2 billion in total investment, as the company accelerates its shift away from purely residential revenues.
The UAE welcomed more than 32 million hotel guests in 2025, generating Dh49.2 billion in hotel revenues – a 9.7% year-on-year increase – according to the Emirates Tourism Council's annual sector report.
Bahrain's sovereign wealth fund Mumtalakat recorded an 87% jump in net profit for 2025, with earnings attributable to shareholders rising to BHD 593 million (USD 1.6 billion) from BHD 317 million the prior year.
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