Author: OMN AI

Abu Dhabi and Qatar continue to show strong financial strength as both maintain high-grade ratings. The latest updates highlight Gulf Credit Ratings Stability, even as the region faces rising geopolitical risks. Ratings agency Fitch Ratings confirmed Abu Dhabi’s long-term foreign-currency issuer rating at AA. This is one of the highest levels on its scale. It reflects strong fiscal health and solid external balances. An AA rating means the emirate can easily access global markets. It can raise funds when needed and maintain investor trust. This level of confidence is key during uncertain times. Fitch pointed to Abu Dhabi’s strong oil…

Abu Dhabi is ready to host the UAE Industrial Growth Event, known as “Make it in the Emirates 2026,” from May 4 to May 7. The event will take place at ADNEC Centre Abu Dhabi. This year marks the fifth edition, and it is the largest so far. Organizers confirmed that all preparations are complete. The venue is fully ready to welcome a large number of visitors. Services include free parking, transport options, and smart systems to manage traffic and facilities. Strong security plans are also in place to ensure a safe and smooth experience for all. The UAE Industrial…

Etihad Arena Abu Dhabi Sold Out Rashed Al Majed concerts marked a strong return for live shows in the UAE capital. The venue restarted its concert schedule on Thursday. It hosted the first of two sold-out shows by Rashed Al Majed. The event was the first major concert at the arena since live events were disrupted in February due to regional tensions linked to the Iran war situation. The return show drew more than 13,000 fans to Yas Island. Rashed Al Majed is a well-known Bahraini-Saudi singer. He is one of the most famous voices in Khaleeji music. Many fans…

Global law firm Ashurst has expanded its energy and infrastructure team in the Middle East with a key senior hire in Abu Dhabi. The firm has appointed energy and infrastructure lawyer Anne Wicks as a new partner in its Projects & Energy Transition practice. This move is part of the firm’s wider strategy to grow its regional presence and strengthen its global energy capabilities. Anne Wicks will be based in Abu Dhabi. She brings strong experience in energy project development across global markets, with a special focus on the Middle East. Her appointment is seen as a major step in…

The Abu Dhabi Real Estate Boom is gaining strong attention as a major project sells out fast. Modon has confirmed that Tara Park on Reem Island is fully sold. The project reached about AED 2 billion, equal to around 545 million dollars in sales. This shows strong demand in the Abu Dhabi property market. It also shows rising trust from local and global buyers. Many investors are now choosing Abu Dhabi for long term property plans. The city is seen as safe and stable. This sale shows that demand is not slowing. Instead, it is growing in key areas like…

Abu Dhabi’s decision to leave OPEC marks a major shift in global oil politics. The move was announced on April 28, 2026, and will take effect on May 1. It surprised many governments, but the signs had been building for years. The UAE acted alone and did not consult Saudi Arabia or other members. The announcement reflects a long change in Gulf power balance. Historical thinker Ibn Khaldun wrote that political systems weaken not from outside pressure but when internal unity breaks. He called this group solidarity asabiyya. In his view, decline begins when leading members decide the system no…

Abu Dhabi Police have started a wide road safety campaign in schools across the emirate. The goal is to improve student awareness of traffic rules and reduce accidents during school travel hours. The programme comes as students return to the new academic term, when roads become more crowded in the morning and afternoon. The campaign is called the “Back to School” initiative. It is led by the Traffic and Security Patrols Directorate. Officers are visiting schools and speaking directly to students. They are teaching simple and practical safety habits that can be used every day. Police say early learning is…

The UAE OPEC exit impact is reshaping global oil markets. The United Arab Emirates has decided to leave OPEC from May 1. This move removes one of the group’s key producers. It also weakens OPEC’s control over oil supply and prices. India may be one of the biggest winners from this shift. India imports most of its crude oil needs. So any change in global supply directly affects its economy and inflation. For India, the impact is immediate and important. Lower oil prices can reduce import bills. This can also ease inflation in food and transport costs. A weaker OPEC…

Abu Dhabi has taken new action in the legal sector. A private notary has been fined for breaking rules. The fine is Dh30,000. The decision shows stronger oversight of legal services. Authorities say the goal is to protect trust and accuracy in legal work. The move is part of efforts to improve professional standards in the emirate. The Private Notary Affairs Committee issued the decision. It works under the Abu Dhabi Judicial Department. The committee said the notary failed to follow laws and regulations. These rules guide how private notaries must work. Officials said compliance is very important for all…

The United Arab Emirates has approved a major new plan to strengthen its industry. The government has launched a National Industrial Resilience Fund worth Dhs1 billion, equal to about $272 million. The goal is to improve supply chains and support local factories. It will also reduce reliance on imports. The decision was made during a Cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum. The move is part of a wider plan to grow the economy and improve national security. The new fund will focus on key sectors. It will help local production of more than 5,000 critical products.…