The UAE Now Earns Four Fifths of Its Economy Outside Oil
Non-oil activity reached 79.4 percent of national output in the first quarter, growing at 4.8 percent while the overall economy grew 3. The gap between those figures is the story.
Aug 6, 2026

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Non-oil activity reached 79.4 percent of national output in the first quarter, growing at 4.8 percent while the overall economy grew 3. The gap between those figures is the story.
Aug 6, 2026

A potential war is the wrong frame. Fighting began on 28 February and the strait closed on 4 March. The economic damage is real and measurable, and it is far smaller than the forecasts issued in the first month, for reasons worth understanding.
Aug 22, 2026

The eight-point agreement reached during Xi Jinping's visit also extends the trade truce two months past its November deadline, sets up a bilateral trade council and creates a channel for reporting AI-related incidents.
Sep 27, 2026

Saudi Arabia's May trade surplus rose sharply as oil exports increased and imports fell, while weaker non-oil exports show where the next test lies.
Jul 29, 2026

The Saudi carrier Bahri says two crew died in a security incident aboard the SIDR while transiting the strait on 31 August. Iran says four IRGC aerospace personnel were killed in United States strikes days later.
Sep 5, 2026

Brent's renewed jump toward $100 reflects Middle East shipping danger, while IEA and EIA forecasts point to demand destruction and lower prices if supply routes normalize.
Jul 25, 2026

A decade after Vision 2030 was announced, the non-oil economy is the majority of Saudi output, the sovereign fund has grown roughly sixfold, and about 1.3 million more Saudi women are in work. The record is strong, and the interesting part is the method.
Aug 22, 2026

Mohamed Alabbar told the AIM Congress the Iran war is an extraordinary situation and the market will adjust. Emaar's cancellations rose from 700 to 1,000 a month in the conflict and fell to 550 after the ceasefire. The Abu Dhabi train arrives on 30 September.
Sep 10, 2026

The Fed decides Wednesday with a rise at ninety per cent, the Bank of Japan is expected to follow on Friday, German Bunds are at a 2009 high and gold sits near 4,300. Nvidia lost two per cent after Anthropic and OpenAI asked the industry to slow down.
Sep 15, 2026
