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Featured · UAE

Dubai free zones surge to a record AED 491 billion in non-oil trade

Dubai's free zone authority just posted its strongest year on record. The growth rate, the composition and the partner mix together tell a clearer story about where the city's trade economy is heading than any single number can.

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Dubai skyline with the Burj Khalifa rising through morning haze

UAE

Dubai is going cashless faster than anyone expected

Cards, wallets and bank apps now move the bulk of money inside Dubai. The next twelve months are about closing the last mile, the corner shops and taxis and old retail counters where cash still hangs on.

Abu Dhabi corniche skyline at dusk with illuminated office towers reflected on the water

UAE

How the UAE economy is rebalancing toward domestic demand

May data on the UAE non-oil private sector points to a faster pace of expansion, with new orders, output and employment all pushing further above the long-run averages. The composition of growth — not the headline figure — is the more interesting part of the read.