Latest news and articles about uae economy from NEX English
Standard & Poor's reports that UAE banks have achieved remarkable stability due to effective support from the Central Bank, mitigating the impact of regional tensions on the financial sector. This comes as political and economic crises escalate in the Middle East.
Companies listed on the Abu Dhabi Securities Exchange have achieved profits amounting to <strong>200 billion dirhams</strong>, with a commitment to a <strong>98%</strong> disclosure rate of their financial data. This milestone comes at a time when the market is witnessing a notable improvement in performance.
The Union Cooperative has announced a cash dividend of <strong>14%</strong> for the year 2025, reflecting its success in achieving positive financial results. This decision aims to enhance shareholder confidence and support business sustainability.
The Emirates Dates Factory has launched a new exhibition aimed at enhancing the date industry in the country, showcasing a variety of local products. This exhibition represents a significant step towards supporting the national economy and strengthening the UAE's position in the global date market.
During an inspection tour of Al Awir Market, the Minister of Economy and Tourism confirmed the abundance of goods and a decline in prices, reflecting market stability. This visit is part of government efforts to boost the local economy.
Dubai South has announced a new package of facilities aimed at supporting companies operating within its business complex. This initiative is part of the government's efforts to enhance the business environment and attract both foreign and local investments.
Alek Holding has announced its projections to achieve profits of up to <strong>687 million dirhams</strong> in 2025, reflecting the success of its expansion strategies. These figures come at a time when the UAE market is witnessing significant growth.
UAE savings have seen a significant increase of <strong>37%</strong>, with national bond funds exceeding <strong>18 billion AED</strong>. This growth reflects investor confidence in the national economy, particularly as it recovers from the challenges posed by the COVID-19 pandemic.
Emirati beekeepers achieved a remarkable milestone by winning 29 prestigious awards at the PIHA 2026 festival held in Abu Dhabi. This success underscores the quality of Emirati honey and its global superiority.
Multiple fires broke out at the Borouge factory in Abu Dhabi, leading to an immediate suspension of operations. The incident occurred following unspecified protests, raising concerns about the safety of industrial facilities in the region.
Emirates Global Aluminum announced a complete halt in production at its Al Taweelah plant for one year due to repeated Iranian attacks. This suspension will significantly impact both local and global aluminum markets.
The leading stocks in the Dubai Financial Market recorded significant increases during the first sessions of April, reflecting investor optimism and positive expectations regarding economic performance. These gains have bolstered market confidence, opening new avenues for investment.
Dubai's real estate market has shown exceptional performance in the third quarter of the year, achieving its best quarterly results in history. Despite global economic and political tensions, Dubai continues to attract significant real estate investments.
Global Holding Company announced a revenue of <strong>AED 111.4 billion</strong> and a net profit of <strong>AED 34.7 billion</strong> for the year 2025, reflecting significant growth in its financial performance.
An Iranian attack on Saturday morning targeted the UAE Aluminum Company, injuring six individuals and causing significant damage to one of its factories. This incident highlights the escalating tensions in the region.
Emirates Global Aluminium has reported substantial damage to its facilities due to recent Iranian strikes. This escalation raises concerns about market stability during a sensitive time for the region.
Women in the United Arab Emirates are making significant strides across various sectors, achieving inspiring accomplishments that reflect the evolution of Emirati society. These successes come at a time of important social and economic changes in the country.
Response Plus Holding announced achieving revenues of <strong>516 million dirhams</strong> in 2025, reflecting significant growth in its financial performance. This announcement comes as the company expands its services and products.
Dubai Investments has announced a pre-tax profit of <strong>1.70 billion dirhams</strong> for the fiscal year ending <strong>December 31, 2025</strong>, reflecting a <strong>31%</strong> increase compared to the previous year.
Adnoc Gas, a subsidiary of Abu Dhabi's state oil company, has announced temporary adjustments to its liquefied natural gas production in response to increased navigation disruptions in the Strait of Hormuz. This decision comes amidst rising tensions between the United States and Iran.