UAE non-oil growth accelerates as output surges, despite softening demand
UAE's non-oil sector rebounded in October, boosted by strong output despite slower demand growth and challenges in job creation due to market crowding.
Abu Dhabi
ADNOC L&S invests $4.4bn in supertanker fleet to lead low-carbon shipping
ADNOC L&S strengthens its global logistics fleet with a $4.4 billion contract to build supertankers, advancing its low-carbon and AI-driven maritime strategy.
Microsoft and UAE join forces to equip 1 million residents with AI skills
Microsoft has partnered with the UAE to train a million residents in AI, targeting workforce productivity and digital growth; the UAE has reiterated its ambitious vision for a tech-driven future.
Lulu Retail’s record IPO raises AED 6.32bn on the ADX
Lulu Retail’s record-breaking IPO raises AED 6.32 billion, with robust investor interest signalling strong confidence in the UAE retail giant’s growth potential.
Get from Dubai to Abu Dhabi in just AED66 with RTA’s new taxi-sharing service
Dubai’s RTA launches a six-month taxi-sharing service between Dubai and Abu Dhabi, offering cost-effective, environmentally friendly travel options with up to 75% savings. The service could expand based on public demand and success.
Lulu Retail expands IPO to 30% amid strong investor demand
UAE grocery titan LuLu Retail has increased its IPO size to 30% amid strong investor demand, attracting significant investments from entities like Masarrah Investment Company.
ADNOC’s Enersol strikes major deal to acquire U.S. Deep Well Services for $223mn
Enersol’s $223M acquisition of Deep Well Services aims to transform UAE energy, leveraging advanced technologies for high-pressure well completions and strategic automation.
Abu Dhabi is now a top 5 global hotspot for careers in tech
Abu Dhabi’s tech boom is transforming the city into a global software career hotspot, blending strategic government investments with high salaries and advanced infrastructure.
Abu Dhabi’s ‘Make it in the Emirates’ forum returns May 2025 to push industrial growth
The Make it in the Emirates Forum returns, showcasing a vibrant mix of cultural heritage and cutting-edge industrial opportunities; with partnerships between MoIAT and ADNEC, the forum sets the stage for transformative investments in smart manufacturing and sustainability.
Alpha Dhabi’s strategic investments drive $2.04bn Q3 profit surge
Alpha Dhabi reports a record-breaking 83% profit surge in Q3 2024, driven by industrial and real estate investments; strategic acquisitions since 2022 fuel ongoing growth.
