Abu Dhabi's economy and real estate market is reaping the rewards of a significant stimulus package from the government.
That's according to the CFO of Aldar Properties, which has announced a 15 per cent growth in the half of this year with revenues touching AED 3.5 billion
Greg Fewer explains how the capital is benefiting from the package.
Oil prices surge to highest since 2022 at over $119 a barrel
Oil prices surged over $119 a barrel, hitting levels not seen since mid-2022, on Monday as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding US-Israeli war with Iran.
HSBC CEO says confidence in GCC remains despite regional developments
HSBC on Monday expressed confidence in the Gulf Cooperation Council (GCC) members' economic prospects as the region and the wider Middle East brace for the economic shock from the U.S.-Israeli conflict with Iran.
Silal, National Agricultural Centre partner to boost UAE food security
Silal, an Abu Dhabi agri-food and technology company, has announced the expansion of its operations in Ras Al Khaimah in collaboration with the National Agricultural Centre.
No decision yet on G7 releasing oil stocks, France's Lescure says
G7 countries have not made a decision yet on the potential release of emergency oil stocks in the wake of the U.S.-Israeli conflict with Iran, France's Finance Minister Roland Lescure said on Monday.
China says US talks vital as Trump targets Beijing's key partners
U.S.-China dialogue is vital to preventing globally damaging miscalculations, China's top diplomat said on Sunday, ahead of a highly anticipated summit this month between leaders Xi Jinping and Donald Trump.
The Ministry of Defence has announced on Tuesday that air defences are currently responding to incoming missiles and drone threats from Iran.
The UAE weather bureau has forecast overcast skies and rainfall of varying intensities across several parts of the UAE until Thursday, March 12.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has established a law to ensure the quality, safety, and sustainability of buildings in the Emirate.
