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RIYADH: Abu Dhabi’s non-oil foreign trade saw an annual rise of 34.7 percent during the first half of 2025 to reach 195.4 billion dirhams ($53.2 billion).

The increase from 145 billion dirhams over the same period in 2024 reflects the strength and resilience of Abu Dhabi’s economy, driven by the efficiency of its infrastructure, advanced logistics services, and strategic investments across key sectors, according to a statement from Abu Dhabi Media Office.

These factors have helped facilitate trade flows and ensure the smooth movement of goods through border crossings.

This comes as the UAE aims to hit a 4 trillion dirhams target for non‑oil foreign trade by 2031, but officials say it is now poised to reach that milestone within two years, four years ahead of schedule.

Non-oil exports surged 64 percent to 78.5 billion dirhams from 47.9 billion dirhams in the first half of 2025, while imports rose 15 percent to 80 billion dirhams compared to 70 billion dirhams in the first half of 2024, according to figures released by the General Administration of Abu Dhabi Customs.

Re-exports recorded a 35 percent growth, reaching over 36 billion dirhams, up from 26.6 billion dirhams in the same period last year.

“Our consistent growth, amid the challenges in international trade and the global economy, reflects the strength of our long-term economic planning, decisive policy execution, and our commitment to enabling the free and fair exchange of goods, services, and innovations,” Ahmed Jasim Al-Zaabi, chairman of the Abu Dhabi Department of Economic Development, said in the media office report.

He added: “We are doubling down our efforts to position Abu Dhabi among the world’s most business-ready economies by streamlining trade procedures, deploying smart systems, and integrating services to enhance flow and accelerate efficiency, cementing Abu Dhabi’s position as a global trade and investment center, and a key node on international supply chains.”

Rashed Lahej Al-Mansoori, director general of Abu Dhabi Customs, explained how the growth in non-oil foreign trade reflects the success of the emirate’s economic strategies.

He added: “Abu Dhabi Customs remains dedicated to delivering best-in-class services and procedures that accelerate customs clearance and promote integration with both local and international partners, thereby supporting sustainable growth, enabling the future economy, and reinforcing Abu Dhabi’s position on the global trade map.”

RIYADH: ��������’s Tadawul All Share Index slipped on Sunday, falling 87.17 points, or 0.80 percent, to close at 10,833.10.

The total trading turnover of the benchmark index stood at SR3.39 billion ($904 million), with 62 stocks advancing and 187 declining.

The Kingdom’s parallel market Nomu fell 169.14 points, or 0.63 percent, to close at 26,755.84, as 30 stocks advanced while 50 retreated.

The MSCI Tadawul Index also dropped, losing 11.09 points, or 0.79 percent, to end at 1,398.65.

The best-performing stock of the day was Sport Clubs Co., whose share price rose 9.96 percent to SR12.37.

Other top performers included Thimar Development Holding Co., which increased 6.67 percent to SR38.68, and Nama Chemicals Co., which gained 5.72 percent to SR26.24.

Saudi Aramco Base Oil Co., or Luberef, recorded the most significant decline, dropping 9.96 percent to SR94.

Jabal Omar Development Co. saw its share price fall 5.39 percent to SR18.96, while Dar Alarkan Real Estate Development Co. declined 4.35 percent to SR18.27.

On the announcements front, Saudi Basic Industries Corp. reported its interim financial results for the period ending June 30. According to a Tadawul statement, the company recorded a net loss of SR5.28 billion during the first six months of the year, compared to a net profit of SR2.43 billion in the same period a year earlier. 

The decline was primarily due to impairment charges, provisions, a strategic restructuring initiative, lower results from associates and non-integral joint ventures, and a zakat expense of SR694 million in 2025 versus a positive non-cash benefit of SR214 million in 2024.

SABIC also announced the board of directors’ recommendation to distribute SR4.5 billion in cash dividends to shareholders for the first half of 2025. A bourse filing revealed that the total number of shares eligible for dividends amounted to 3 billion, with a dividend per share of SR1.5, representing 15 percent of the share’s par value.

SABIC’s share closed the session at SR54.45, down 1.19 percent.

Luberef released its interim financial results for the first half of the year. According to a Tadawul statement, the company posted a net profit of SR446 million, down 13.2 percent year-on-year, mainly due to lower crack margins for by-products and a decline in base oil sales volumes, despite an improvement in base oil crack margins.

The company also announced the board’s recommendation to distribute SR168 million in cash dividends for the first half of 2025.

A bourse filing said the number of shares eligible for dividends was 168 million, with a dividend per share of SR1, equivalent to 10 percent of the share’s par value.