Dubai’s Jafza expands logistics park

D P World’s Jebel Ali Free Zone (Jafza) is investing AED 90 million (US$24.5 million) in the second phase of its logistics park. The expansion will add 360,000 square feet (33,4 …

Abu Dhabi Invests In Mozambique Gas

XRG, the international investment arm of Abu Dhabi National Oil Co., has acquired a 10% stake in a liquefied natural gas project in Mozambique, expanding its LNG portfolio, which includes assets in …

Abu Dhabi economy grew 4% to $327bn in 2024

The non-oil sector has pushed Abu Dhabi’s economic growth to a new high. Real GDP in the the UAE’s largest and most wealthy emirate expanded by 4 percent year on year in 2024, reaching AED1.2 trillion …