Business & Economy
UAE Watches Iraq’s Push to Double Oil Output by 2032
By EI Editorial Desk • 3 min read
• 10 Nov 2026
Wall Street’s recent tumble is spilling into European bourses, prompting caution among Gulf funds. In Dubai, the vibrant events calendar offers a counter‑balance, but market nerves may temper tourism‑linked spending, analysts say.
Abu Dhabi’s AI‑enhanced TAMM platform received a detailed review from Sheikh Hazza, highlighting its role in streamlining citizen services, boosting government efficiency and supporting the emirate’s broader digital‑economy agenda.
Iraq aims to lift crude output beyond 12 million barrels per day by 2032, a move that could reshape regional supply dynamics, pressure OPEC decisions and open new partnership opportunities for UAE energy firms.
Jon Rahm’s victory at the Aldar Championship in Abu Dhabi highlights the event’s growing commercial clout, showcasing how high‑profile sports can amplify sponsor visibility, attract international visitors, and stimulate local hospitality revenue.
Global aluminum inventories have slipped to near‑record lows, prompting spot prices to climb sharply and leaving manufacturers to brace for a potentially extended period of price volatility and supply uncertainty.
The International Renewable Energy Agency, headquartered in Abu Dhabi, is advocating for accelerated renewable electrification globally. This call aligns with the UAE's ambitious clean energy goals, positioning the nation as a key driver in the transition towards a sustainable energy.
The Abu Dhabi Climate Solutions Summit 2026 recently concluded, drawing over 1,000 participants and underscoring the UAE's commitment to fostering research-driven innovation. This pivotal event highlighted collaborative efforts and strategic investments aimed at accelerating sustainable development and green technologies across.