United Arab Emirates
Abu Dhabi's non-oil trade surges 36% to $113 Billion in 2025
The emirate's foreign trade figures signal a deepening integration into global markets and accelerating economic diversification away from hydrocarbons.
Danish shipping group Maersk is diverting its ME2 container service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope.
The Cape of Good Hope © Mena Today
Danish shipping group Maersk is diverting its ME2 container service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope, the company said in an advisory to clients on Monday.
The ME2 service links Italy and the western Mediterranean Sea to the east coast of India and the United Arab Emirates. The decision comes as Houthi attacks continue in the Red Sea.(Reuters)
The emirate's foreign trade figures signal a deepening integration into global markets and accelerating economic diversification away from hydrocarbons.
Aldar Properties, Abu Dhabi's largest real estate developer and asset manager, has reported robust first-quarter 2026 results, with net profit after tax climbing 20% year-on-year to AED 2.3 billion ($626 million), on revenues of AED 8.7 billion ($2.4 billion).
From zero corporate tax to a 20-year income tax exemption for new residents, Ankara is rolling out an ambitious package to turn Istanbul into a global financial hub.
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