Tuesday , 12 May 2026

Recent Posts

UAE Circular Economy Council discusses role of innovation in growth of food industries

DUBAI/WAM The UAE Circular Economy Council held its first meeting of 2026, chaired by Abdulla bin Touq Al Marri, Minister of Economy and Tourism. The meeting took place at Barakat Quality Plus Group, which specialises in the production of fresh foods and juices. Attended by council members representing government, private sector, and academic entities, the meeting discussed the latest developments …

Read More »

ADIB maintains strong momentum in Q1, with net profit up 8% to AED2.1b

ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) sustained its positive momentum in Q1 2026, delivering strong financial performance across the group. According to financial results, the bank recorded a year‑on‑year increase of 8%, with net profit before tax reaching AED 2.1 billion in the first quarter, up 2.3% compared to the previous quarter. The earnings growth reflects healthy balance sheet …

Read More »

Abu Dhabi’s non-oil foreign trade grows 36% in 2025

ABU DHABI/WAM Statistics released by Abu Dhabi Customs reveal a significant rise in the emirate’s non-oil foreign trade in 2025, increasing by 36 percent to exceed AED415.4 billion, compared with approximately AED306 billion in 2024. This growth reflects Abu Dhabi’s leading position as one of the world’s fastest-growing economies in external trade, driven by expanding commercial activity and strengthened economic …

Read More »