Economy News

UAE accounts for 61% of Gulf sustainable debt issuance in first nine months of 2026

The UAE accounted for roughly 61% of sustainable debt issuance across the Gulf in all currencies during the first nine months of 2026, according to Bashar Al Natoor, Managing Director and Global Head of Islamic Finance at Fitch Ratings.

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Economy News

GCC industrial investment reaches USD 426bn across nearly 22,000 factories

The GCC has built an industrial investment base worth USD 426 billion across nearly 22,000 factories, according to data from the Statistical Centre for the Co-operation Council for the Arab States of the Gulf (GCC-Stat).

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Economy News

Saudi Arabia FDI inflows jump 33.5% to SR 159.1bn in 2025

Saudi Arabia’s foreign direct investment inflows (FDI) rose 33.5% to SR 159.1 billion (USD 42.4 billion) in 2025, up from SR 119.2bn in 2024, according to the General Authority for Statistics (GASTAT).

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Economy News

UAE wealth forecast to reach USD 6tn by 2030

UAE net wealth is projected to climb to USD 6 trillion by the end of 2030, adding more than USD 2.3 trillion over five years at 10.6% annual growth, according to Boston Consulting Group’s Global Wealth Report 2026: The Great Reordering.

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Economy News

UAE General Budget Committee advances draft 2027–2029 federal budget

The UAE General Budget Committee has held its 15th meeting to review the draft federal budget under the medium-term strategic plan for the 2027–2029 fiscal years, with deliberations centred on fiscal year 2027.

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Economy News

UAE economy reaches AED 961.9bn in H1 2026 as non-oil share climbs to 79.2%

The UAE’s real GDP reached AED 961.9 billion at constant prices in the first half of 2026, up 0.4% year-on-year, according to preliminary figures from the Federal Competitiveness and Statistics Centre (FCSC).

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Economy News

Abu Dhabi freelancer licenses surge 224% as new business registrations climb in H1 2026

Precision medicine in the Middle East is forecast to grow by 10 to 12 per cent over the next five to seven years, according to a new Frost & Sullivan report produced for World Health Expo (WHX).

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Economy News

S&P lifts Oman’s 2026 growth forecast to 3.5% on oil and trade strength

S&P Global Ratings has raised its forecast for Oman's real GDP growth in 2026 to 3.5% from 1.6%, citing higher oil production, stronger energy prices and increased trade and logistics activity, while affirming the sultanate's BBB- long-term and A-3 short-term sovereign ratings with a stable outlook.

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Economy News

China Securities opens regional office in DIFC to link Chinese and Gulf capital markets

Beijing-headquartered, publicly listed investment bank China Securities has received a license from the DIFC Authority to establish its regional presence in the Dubai International Financial Centre, and is also authorised by the Dubai Financial Services Authority (DFSA).

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Economy News

Dubai ranks ninth and Abu Dhabi 13th in Global Financial Centres Index

Dubai has been ranked ninth and Abu Dhabi 13th in the September 2026 edition of the Global Financial Centres Index, placing two UAE cities among the world's leading financial hubs.

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