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United Arab Emirates

Industry News
Source: Analytics Insight

UAE Draws Increasing Investment Across Non-Oil Sectors Following FDI Growth

Foreign direct investment inflows into the UAE rose 48.7% in 2024 to $45.6 billion, up from $30.7 billion in 2023, according to Analytics Insight. Economic expansion is increasingly propelled by non-oil sectors including artificial intelligence, digital infrastructure, and financial technology. The country is expanding international market access through Comprehensive Economic Partnership Agreements in line with its 2031 vision.

Industry News
Source: IndexBox

Abu Dhabi Lifts 2030 Solar Goal to 14GW Amid Global Industry Shifts

Abu Dhabi has raised its 2030 solar target to 14GW as IRENA projects doubling annual global renewable additions to 1.2TW is feasible. Meanwhile, Canada has ended anti-dumping duties on Chinese solar modules, whereas US import module prices surged over 40% following Section 232 tariffs.

Middle East Travel Alerts
Source: ИФЗ РАН

UAE Suspends Iranian Airline Operations Following Secondary US Aviation Sanctions

Dubai's Roads and Transport Authority (RTA) has announced temporary road closures on Sunday, November 1, affecting Sheikh Zayed Road and Downtown Dubai routes between 3am and 9.30am for Dubai Ride 2026. The authority advised drivers to use four alternative routes, while Dubai Metro will begin operating five hours early at 3am until midnight. The sporting event features a 12km Sheikh Zayed Road course and a 4km Downtown Family Route.

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