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The UAE economy: Central Bank of the UAE data, ADX and DFM, trade, energy and fiscal developments, verified at source.
Rating Agencies · Oct 16, 2026 · 6 min read
Strong balance sheets continue to underpin the credit ratings of the higher-rated Gulf sovereigns, Fitch Ratings said on Thursday 15 October, with…
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Markets · Oct 15, 2026 · 5 min read
Eight of the nine Middle East markets fell on Thursday as the Houthis threatened more attacks on Saudi Arabia, while Cairo's EGX…
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Macro · Oct 15, 2026 · 4 min read
UAE GDP growth is "expected to accelerate to around 10 percent in 2027", Central Bank of the UAE Governor Khaled Mohamed Balama…
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Markets · Oct 14, 2026 · 5 min read
Riyadh's Tadawul All Share fell 1.74 percent on Wednesday with 252 of 273 stocks lower, a day after a strike that sources…
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Markets · Oct 13, 2026 · 5 min read
Seven of the nine regional markets closed higher on Tuesday, and three of them ended long losing runs at once: Riyadh snapped…
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Macro · Oct 12, 2026 · 6 min read
The UAE Cabinet has approved a federal budget plan of 292.5 billion dirhams for 2027 to 2029, 28.3 percent more than the…
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Markets · Oct 12, 2026 · 5 min read
Five of the nine Middle Eastern markets closed lower on Monday, while Doha's QE Index rose 1.15 percent to snap four straight…
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Macro · Oct 12, 2026 · 5 min read
UAE bank loans grew 18.8 percent in the year to the end of August, against 13.0 percent growth in bank deposits, the…
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Macro · Oct 10, 2026 · 4 min read
Dubai has passed the 2026 goal of its cashless strategy with the final quarter of the year still to run. Its cashless…
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Macro · Oct 10, 2026 · 7 min read
Abu Dhabi's inaugural LIVEX 2026 closed with more than 50 agreements and initiatives worth over 150 billion dirhams, the Abu Dhabi Media…
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Macro · Oct 10, 2026 · 2 min read
The UAE's non-oil economy grew 1.8 percent in the first half of 2026 from a year earlier, raising its share of real…
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Energy & Commodities · Oct 8, 2026 · 3 min read
Saudi Arabia and the UAE signed a memorandum of understanding in Riyadh on Thursday to cooperate on connecting their power grids, exchanging…
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Strong balance sheets continue to underpin the credit ratings of the higher-rated Gulf sovereigns, Fitch Ratings said on Thursday 15 October, with investment income from sovereign wealth funds providing “additional fiscal support” and the UAE’s non-oil economy set to grow 6.1 percent in real terms in 2027. Oman is the one member of the 6-state…
Eight of the nine Middle East markets fell on Thursday as the Houthis threatened more attacks on Saudi Arabia, while Cairo’s EGX 30 rose 1.52 percent as the only gain, closing at its session high. Dubai’s four-session winning run ended with a 1.05 percent fall, and Qatar’s QE Index lost 1.35 percent to a level…
UAE GDP growth is “expected to accelerate to around 10 percent in 2027”, Central Bank of the UAE Governor Khaled Mohamed Balama said in the country’s keynote address at the IMF and World Bank Group Annual Meetings in Bangkok, citing the rapid expansion of non-oil activity, continued infrastructure investment and increased production capacity in the…
Riyadh’s Tadawul All Share fell 1.74 percent on Wednesday with 252 of 273 stocks lower, a day after a strike that sources told Reuters caused extensive damage to Saudi Aramco’s headquarters, and Kuwait lost 1.40 percent, while five of the nine markets rose, led by Amman’s 0.98 percent. The Houthis vowed further attacks on Saudi…
Seven of the nine regional markets closed higher on Tuesday, and three of them ended long losing runs at once: Riyadh snapped four straight declines, Abu Dhabi and Manama five each. Muscat’s 0.97 percent fall was the day’s deepest, with Cairo’s 0.68 percent decline beside it. Brent traded 1.65 percent below Monday’s settlement at 104.89…
The UAE Cabinet has approved a federal budget plan of 292.5 billion dirhams for 2027 to 2029, 28.3 percent more than the preceding three years, together with a 2027 budget of 90.1 billion dirhams, WAM reported on 12 October. The three annual budgets for 2024, 2025 and 2026 add up to 227.96 billion dirhams on…
Five of the nine Middle Eastern markets closed lower on Monday, while Doha’s QE Index rose 1.15 percent to snap four straight declines. Riyadh’s Tadawul All Share fell 0.74 percent in a fourth straight decline, with 57 gainers against 205 decliners on the exchange’s count, and Muscat’s MSX 30 ended its October winning run. Brent…
UAE bank loans grew 18.8 percent in the year to the end of August, against 13.0 percent growth in bank deposits, the Central Bank of the UAE said on 5 October, and Bloomberg reported on 12 October that many of the country’s banks are now “competing more aggressively for new deposits”. The same report tied…
Dubai has passed the 2026 goal of its cashless strategy with the final quarter of the year still to run. Its cashless transactions index reached 90.1 percent against a 90 percent target, and the Digital Enablement Index for the government sector reached 100 percent. Dubai Finance presented the strategy’s final report to the Dubai Strategic…
Abu Dhabi’s inaugural LIVEX 2026 closed with more than 50 agreements and initiatives worth over 150 billion dirhams, the Abu Dhabi Media Office said on 9 October. The announcements spanned three strands: investment and infrastructure, the daily quality of life of communities, and the use of technology. The three-day event, organised by the Department of…