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UAE’s net wealth reached $2.9T in 2023, according to BCG’s Global Wealth Report 2024. Financial wealth in the UAE grew by 10% between 2022 and 2023, outpacing the Middle East and Africa’s 8% growth. Globally, financial wealth increased by 7% after a 4% decline in 2022, with $92T in new wealth expected over the next five years.

ADNOC Distribution has revealed a strategic collaboration with NWTN Inc., introducing a network of Authorized Quick Service Stations within select ADNOC service stations across the UAE for NWTN’s innovative UAE-manufactured range-extended electric vehicle (REEV), Rabdan One.