The UAE has reaffirmed its determination to continue advancing its development agenda regardless of changing global circumstances, with a strong focus on innovation, artificial intelligence, government transformation and long-term competitiveness. During a UAE Cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister
The UAE economy maintained its growth momentum in Q1 2026, with real GDP rising 3% year-on-year to AED 485 billion, compared with AED 470.9 billion in the same period last year. The non-oil economy expanded by 4.8%, increasing its contribution to 79.4% of GDP, further highlighting the UAE’s progress
The UAE economy recorded 3% real GDP growth in the first quarter of 2026, reaching AED 485 billion at constant prices, supported by strong performance across key non-oil sectors. According to data from the Federal Competitiveness and Statistics Centre, non-oil GDP grew by 4.8%, increasing its contribution to the
The UAE’s Federal Tax Authority (FTA) has reminded businesses eligible for Small Business Relief that simplified tax treatment does not remove their obligations under the UAE Corporate Tax Law. As businesses prepare to file Corporate Tax returns for their first full tax periods, the FTA is urging eligible taxpayers
The UAE Capital Market Authority has approved the abolition of 15 fees following a comprehensive review of its fee framework, as part of efforts to simplify regulatory processes, reduce costs and improve service efficiency for licensed companies and individuals operating in the country’s capital markets. UAE Capital Market
PRESS RELEASE: The MOU is intended to support businesses pursuing investment, market entry and cross-border expansion between the UAE, the GCC and China through coordinated legal, corporate and advisory services. DUBAI, UAE & GUANGZHOU, CHINA – JULY 2026 – In a strategic step to support cross-border business activity between the
The UAE has maintained its position as the leading destination for foreign direct investment (FDI) in the Arab world, attracting US$48.2 billion in FDI inflows during 2025. The figure represents 40.4% of all FDI received across the Arab region, reinforcing the country’s reputation as a preferred investment hub. According to
Dubai is accelerating major transport infrastructure projects aimed at reducing traffic congestion, improving connectivity, and promoting sustainable mobility as part of its long-term urban development strategy. A key initiative is the First Al Khail Street Development Plan, which includes a 15-kilometre elevated three-lane roadway designed to ease congestion in
The UAE has reinforced its economic ties with South America following an eight-day trade mission led by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, under the UAE Trade Days initiative. The delegation visited Panama, Paraguay, Argentina, Chile, and Guyana, engaging with government leaders, senior