Browsing: Economic

HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade ‘His Highness Sheikh Mohammed bin Rashid Al Maktoum;s approval of the National Programme for the Development of the Statistical System reflects a forward-looking vision that places accurate, reliable data at the heart of economic decision-making. By updating our national statistical methodologies and aligning them with international best practices – including the United Nations System of National Accounts – we will ensure a more accurate and realistic measurement of the UAE economy, one that better captures its true size, diversity and growth momentum across sectors. This st

Abu Dhabi, United Arab Emirates – 10 July 2026: The Abu Dhabi Department of Economic Development (ADDED) and Liwa University have signed a Memorandum of Understanding (MoU) to strengthen collaboration in research and development, innovation support, talent development, and workforce readiness to meet the evolving needs of labour market and the emirate’s socio-economic priorities and aspirations. His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, witnessed the signing of the MoU by His Excellency Hamad Sayah Al Mazrouei, the Undersecretary of ADDED and His Excellency Dr. Ali Saeed bin Harmal Aldhaheri, Chairman of the Board of Tr

Abu Dhabi, UAE, 03 July 2026 – Emirates Development Bank, the key financial engine for the UAE;s economic diversification and industrial transformation, has announced the launch of the EDB Future Founder Program 2026, a flagship youth initiative designed to equip students with entrepreneurial skills, strengthen leadership capabilities, and develop the next generation of innovators contributing to the UAE;s knowledge-based economy. Running from 6 July to 21 August 2026, the program reflects EDB;s continued commitment to investing in people as a foundation for long-term economic growth, while reinforcing its mandate to empower national talen

The institutional meetings at AIM Talks China reflect the growing partnership between the UAE and China in advanced technology, smart mobility, and long-term economic cooperation Guangzhou, China — July 2026: As part of AIM Talks China 2026, a high-level UAE delegation led by H.E. Fahad Al Gergawi, Undersecretary of the UAE Ministry of Foreign Trade, concluded a series of strategic engagements in Guangzhou that underscored the growing depth of industrial cooperation between the United Arab Emirates and China. The official visit included a bilateral meeting with Mr. Sun Zhiyang, Mayor of Guangzhou, that reinforced the status o

Abu Dhabi – 22 June 2026: The Abu Dhabi Registration Authority (ADRA), the Abu Dhabi Department of Economic Development’s (ADDED) arm to develop and regulate the business sector, has reported a 21% increase in the number of new economic licences issued during the first quarter (January to March) of 2026, compared to the corresponding period in 2025. The strong growth rates in the number of new economic licences and categories across the emirate’s regions and economic sectors reaffirms the attractiveness of Abu Dhabi’s business ecosystem for quality investments and its ability to sustain growth despite the challenges witne

Discussions focused on advancing development financing mechanisms to address global economic and climate challenges Strategic priorities for the replenishment of the Concessional Financing Window were reviewed Mohamed bin Hadi Al Hussaini: The UAE believes in the importance of joint action to enhance economies’ ability to adapt to global developments and develop more sustainable development models. Baku, Azerbaijan – 19 June 2026 The United Arab Emirates, represented by the Ministry of Finance, participated in the 2026 Annual Meetings of the Islamic Development Bank (IsDB) Group, held in Baku, Azerbaijan, from 16 to 19

H.E. Bin Touq highlights the country’s advanced, integrated tourism development model underpinned by partnership, openness, and diversity Abu Dhabi, 12 June 2026 – The UAE delegation, led by H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, participated in the 126th session of the UN Tourism Executive Council in Toledo, Spain. The country reaffirmed its steadfast commitment to supporting international efforts aimed at developing a more sustainable, resilient, and innovative global tourism sector, raising its contribution to economic growth, sustainable development, and community prosperity. During the session, the U

Discussions focused on a range of strategic issues shaping the future of GCC financial and economic cooperation Ministers reviewed the latest developments in advancing economic unity among GCC states Meeting examined the outcomes of central bank governors’, customs union, tax administrations and GCC common market committee meetings H.E. Mohamed bin Hadi Al Hussaini: “We are moving forward with an ambitious vision that places the aspirations of Gulf citizens at the forefront, while striving to build a resilient financial and economic system that strengthens our global standing.” United Arab Emirates – 14 May 2

HE Dr Thani Al Zeyoudi: ‘The UAE and China share a longstanding economic partnership, built on decades of cooperation and a shared vision for prosperity.’ BEIJING, 13th April 2026 (WAM) – The UAE-China Business Promotion Conference, held under the theme ‘From Vision to Value’, gathered ministers, senior officials, and business leaders from both countries to explore new avenues for collaboration, investment and innovation. The conference was held on the sidelines of the official visit of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, who is leading a high-level delegation to the People;s Republic

Spring meetings to discuss global economic outlook, financial stability and international partnerships Abu Dhabi, UAE, 10 April 2026 The United Arab Emirates is participating in the Spring Meetings of the World Bank Group and the International Monetary Fund, which will be held in Washington, D.C., from 13 to 18 April 2026. The UAE delegation is led by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and includes a number of senior government officials. The delegation will take part in meetings of the World Bank, the IMF, and the Group of Twenty. The meetings aim to discuss a range of globa