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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

Wizz Air has delayed the restart of several European routes to Abu Dhabi from late October to January 10, 2027, following updated guidelines from the European Union Aviation Safety Agency (EASA). The carrier said ongoing Iraqi airspace closures require longer detours and refuelling stops for its A321neo aircraft, making flights commercially unviable at current fuel prices. In addition, services to Jordan have been suspended until October 25, 2026, after Jordanian airspace was placed on EASA's conflict zone restricted list.

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