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- Bahrain All Share Index, Islamic Index close lower
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13/02/2026 06:50 AST
The UAE's economy continues to achieve strong and accelerated growth and is expected to grow by more than 5% this year, with non-oil sectors projected to expand by over 5.5%, accounting for 78% of gross domestic product, reported Wam, citing the Economy and Tourism Minister Abdulla bin Touq Al Marri.
The growth outlook reflected the resilience and diversification of the national economy and the diversity of its growth drivers, stated Al Marri while speaking to Wam on the sidelines of the Investopia Partners event in Abu Dhabi.
He attributed the performance to the country's strategic vision and reforms aimed at strengthening the business environment.
Over the past few years, more than 40 laws and regulations governing the business ecosystem have been updated to improve competitiveness and ease of doing business, he stated.
Al Marri pointed out that the number of companies registered in the national economic register has risen to more than 1.45 million from about 650,000 five years ago, underscoring the UAE's attractiveness to global investors.
This figure is likely to hit 2 million by 2031, he stated.
The reforms, including changes to the Commercial Companies Law, had helped position the UAE as a global hub for family businesses managing regional and international operations, he added.
Trade Arabia
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13/02/2026
Salalah Free Zone announced today the commencement of commercial operations for three new industrial projects, with total investments surpassing RO 5 million. The projects successfully completed thei
Times of Oman
13/02/2026
The Ministry of Energy and Minerals, on behalf of the Government of the Sultanate of Oman, has signed a concession agreement for Offshore Block (18), as part of its ongoing efforts to enhance explora
Times of Oman
13/02/2026
Around 600 new hospitality jobs are expected to be created across the UAE and the GCC countries as Premier Inn Middle East signed an agreement with Equitativa Real Estate to open new properties in ke
Khaleej Times
13/02/2026
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held talks in Brussels on Thursday with Pfizer Global President of Emerging Markets Nick Lagunowich and a number of the company's le
Saudi Gazette
13/02/2026
Ajdan Real Estate Development Company signed a Memorandum of Understanding (MoU) with King Salman International Airport during the Public Investment Fund & Private Sector Forum 2026.
The MoU
Saudi Gazette
Financial Information Co.
Saudi Arabia