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#uae economy

12 articles
UAE-US AI Partnership Moves From Chip Shipments To Investment Follow-Through
EconomyFunding
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UAE-US AI Partnership Moves From Chip Shipments To Investment Follow-Through

Khaldoon Al Mubarak met senior White House officials in Washington to review UAE-US economic investments and technology partnerships. The talks included the UAE's $1.4 trillion US investment commitment, recent Nvidia CPU and GPU shipments and a planned 5GW AI campus in Abu Dhabi. The next signal is whether the partnership turns chip access and campus plans into visible infrastructure, manufacturing and energy investment milestones.

June 7, 2026Read More
IMF Oil Inventory Warning Turns Gulf Energy Shock Into Growth Test
EconomyNews
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IMF Oil Inventory Warning Turns Gulf Energy Shock Into Growth Test

The IMF warned that global oil inventories are expected to fall to about 7.5 billion barrels by July as the Iran war disrupts energy supplies. The IEA put cumulative losses at 12.8 million barrels a day, while Fitch cut its 2026 global growth forecast to 2.4 per cent and raised its Brent forecast to $87 a barrel. The next signal is whether emergency reserves and diplomatic progress can stabilize inventories before the IMF releases its July global forecast.

June 6, 2026Read More
Oman's Energy Security Pitch Puts Ports, Private Capital and AI Demand in Focus
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Oman's Energy Security Pitch Puts Ports, Private Capital and AI Demand in Focus

Oman was presented as a stronger energy and infrastructure hub as global markets put more weight on supply security and diversified trade routes. The Global Energy Debate at the 2nd Oman Capital Market Conference included Shell Oman, Oman LNG, OQ, BlackRock and Vision Invest. The next signal is whether private capital and infrastructure planning turn Oman's location, ports and energy assets into financed projects.

June 4, 2026Read More
O-Green's 58 MW Duqm Wind Pilot Ties Oman Renewables to Industrial Power Demand
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O-Green's 58 MW Duqm Wind Pilot Ties Oman Renewables to Industrial Power Demand

O-Green is developing a 58 MW pilot wind farm in the Duqm Special Economic Zone to support clean-power use in Oman's industrial buildout. The Duqm North and South Wind Project will use six 9.6 MW turbines and is expected to generate around 190 gigawatt-hours of electricity annually. The practical test is whether O-Green can turn its Duqm pilot and wider renewable portfolio into reliable power for manufacturing and industrial demand.

June 4, 2026Read More
Tokyo Uses Record-Scale SusHi Tech 2026 To Push Startup And Urban Innovation Agenda
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Tokyo Uses Record-Scale SusHi Tech 2026 To Push Startup And Urban Innovation Agenda

SusHi Tech Tokyo 2026 opened at its largest scale, with projected attendance of more than 60,000 and around 10,000 expected business meetings. Tokyo Governor Yuriko Koike and Prime Minister Sanae Takaichi used the opening to frame startups as a shared national and metropolitan economic priority. The key test is whether new support programs, corporate partnerships and overseas participation translate into repeatable funding, pilots and market access.

June 1, 2026Read More
UAE's $517bn GDP Shows Non-Oil Sectors Carrying Growth Load
EconomyAnalysis
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UAE's $517bn GDP Shows Non-Oil Sectors Carrying Growth Load

The UAE economy expanded 6.2 percent in 2025 to reach Dh1.9 trillion, or about $517.2 billion. Non-oil GDP grew faster at 6.8 percent, led by trade, finance, construction, manufacturing, real estate and transport. The data strengthens the UAE's diversification narrative as investors watch whether the growth mix can withstand regional energy and geopolitical volatility.

May 31, 2026Read More
UAE’s real GDP grows 6.2 percent in 2025 to $517.3 billion as non-oil GDP surges 6.8 percent to $408.4 billion
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UAE’s real GDP grows 6.2 percent in 2025 to $517.3 billion as non-oil GDP surges 6.8 percent to $408.4 billion

The Federal Competitiveness and Statistics Centre said the UAE’s real GDP rose 6.2 percent in 2025 from 2024 to AED1.9 trillion ($517.3 billion). Non-oil GDP increased 6.8 percent to AED1.5 trillion ($408.4 billion), with construction, finance and insurance, real estate, and transport and storage among the fastest-growing sectors. Officials linked the results to diversification policies, the “We the UAE 2031” vision, and investment in the digital economy, technology, and innovation.

May 30, 2026Read More
Dubai flights update: List of airlines still cancelling or suspending Middle East routes
EconomyNews
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Dubai flights update: List of airlines still cancelling or suspending Middle East routes

Major international airlines are still cancelling or suspending Dubai and other Middle East routes even as some services begin to return. Current Dubai suspensions stretch from the end of May to October, with Abu Dhabi disruptions also continuing on selected networks. Airlines are still adjusting schedules after disruption linked to the Iran war, with some carriers avoiding airspace over Iran, Iraq, Syria and Israel.

May 30, 2026Read More