Skip to content
Issue 09 · FOUAE Originals
August Edition 2026
FOUAE Originals

"Someone would open the door, and I would run and grab the opportunity."

Featuring
Hussain Sajwani
Founder Of DAMAC Properties
Read the Story
Cover Story
Hussain Sajwani — FOUAE Originals cover
FOUAE Daily

The five stories
moving the UAE today

01

Dubai Economy Reaches AED473 Billion in First Half of 2026

Dubai's real GDP reached approximately AED473 billion in H1 2026. While overall real GDP was 2.3% lower year-on-year, financial and insurance activities expanded 8.8%, healthcare grew 14.3%, and construction increased 2.4%, showing continued growth across several high-value sectors despite a challenging first half.

02

Dubai Economic Zones Record AED246 Billion in H1 Trade

Trade across the three economic zones operated by Dubai Integrated Economic Zones Authority reached a record AED246 billion, up 17% year-on-year in the first half of 2026. Imports increased 14% to AED134.8 billion while re-exports jumped 22% to about AED109 billion, marking DIEZ's sixth consecutive record first-half performance.

03

Abu Dhabi to Host IMF and World Bank Annual Meetings in 2029

The UAE has formally signed the agreement to host the 2029 IMF and World Bank Group Annual Meetings in Abu Dhabi. The gathering brings together finance ministers, central bank governors, policymakers and financial leaders from more than 190 countries, returning the meetings to the UAE for the first time since Dubai hosted them in 2003.

04

Dubai Targets AED54 Billion in Annual Business-Events Output by 2033

Dubai World Trade Centre is targeting AED54 billion in annual economic output from the events sector by 2033, supported by the AED10 billion expansion of Dubai Exhibition Centre at Expo City. DWTC's major events generated AED25.03 billion in economic output in 2025, while more than 100 exhibitions and conferences are scheduled across its venues in Q4 2026.

05

Sharjah’s Ruwad Backs 10 SMEs With AED3.7 Million in Q3

Sharjah's Ruwad entrepreneurship foundation financed 10 SME projects with AED3.727 million during Q3 2026 and added 168 new businesses to its membership network. Member companies also secured 198 contracts with 33 government entities worth AED1.97 million, highlighting growing access to both funding and government procurement opportunities for Sharjah entrepreneurs. WAM