UAE Business

The UAE is quitting OPEC from May 1, 2026. Here's what its exit means for global oil prices and Pakistan's $16 billion import bill

Abu Dhabi's non-oil foreign trade reached AED415.4 billion in 2025, up 36% year-on-year, driven by a 63% surge in exports

Energy prices, funding conditions and supply chains seen as key transmission channels

SBP completes ADFD settlement while Saudi, IMF inflows support outlook

Higher input costs and weaker yields may pressure agribusiness margins and food supply chains

Lending rises 20% as bank expands capacity, prioritizes private sector and infrastructure

Banks face sanctions if they fail to end messaging app use by April 30

Dubai transactions hit AED252 billion while Abu Dhabi logged record quarterly real estate growth

Rising oil prices, war pressures strain foreign-exchange buffers

UAE delegation to hold bilateral talks and join global finance panels during meeting in the US capital

Sales, mortgages and foreign investment drive record Q1 property activity in Abu Dhabi

Govt plans Panda bonds and commercial borrowing under IMF program

Rising prices, supply shocks and inflation risks drive coordinated response

New AI-powered platform aims to protect Abu Dhabi’s trade flows and industrial inputs

Fund says countries with limited reserves face heightened risks as rising import costs widen trade deficits