RWE and Masdar receive planning permission for 3GW Dogger Bank South offshore wind farm projects

RWE and Masdar receive planning permission for 3GW Dogger Bank South offshore wind farm projectsLord Whitehead, on behalf of the UK Energy Secretary, gives consent to both Dogger Bank South East and West offshore wind farm projectsThe two 1.5GW projects are being developed as a joint venture between RWE and Masdar, and would be co-located over 100km off the northeast coast of EnglandBoth projects secured Contracts for Difference in the UK Government's Auction Round 7 and will now progress towards a final investment decision and constructionAbu Dhabi/Swindon, 14 May 2026Global clean power leaders RWE and Abu Dhabi Future Energy Company PJSC – Masdar welcome the decision made by Lord Whitehead on behalf of the UK Energy ......read full article

Invest Bank (INB) Reports Strong Q1 2026 Results with 97% Growth in Profit Before Tax

Invest Bank (INB) Reports Strong Q1 2026 Results with 97% Growth in Profit Before TaxOperating income rises 81% to AED 112 million as the Bank records continued growth across Retail, SME and Wholesale Banking segmentsSharjah, United Arab Emirates, May 13, 2026 – Invest Bank (INB) today announced its financial results for the quarter ended 31 March 2026, delivering strong growth in profitability supported by higher operating income, continued balance sheet expansion and sustained momentum across its core business segments.Profit Before Tax increased by 97% year-on-year to AED 22.4 million, while Profit After Tax rose by 96% to AED 21.8 million. Total operating income increased by 81% to AED 112 million, driven by strong ......read full article

EDGE Group Signs Agreement to Acquire CMD, a Top-Tier Italian Engine Company

EDGE Group Signs Agreement to Acquire CMD, a Top-Tier Italian Engine CompanyThe signing of the agreement for the acquisition of Southern Italy-based CMD will give EDGE direct access to over 35 years of piston engine manufacturing excellence, laying the foundation for a high-quality engine production base in EuropeThe deal represents EDGE Group’s landmark European expansion and strengthening of its global propulsion capabilitiesAbu Dhabi, UAE / Atella, Italy – 14 May 2026 – EDGE Group today announced the signing of an agreement to acquire a controlling stake in Costruzio ni Motori Diesel S.p.A. — CMD — a leading Italian company specialised in the design, prototyping, and development of ......read full article

Space42 Reports Strong Q1 2026 Results

Space42 Reports Strong Q1 2026 ResultsRising revenue and solid margins underpin strong Q1 2026 performanceSpace Services revenue surges by 15%Strategic execution lays foundation for long-term, sustainable growthAbu Dhabi, UAE, May 14, 2026: Space42, the UAE based AI powered SpaceTech company with global reach, today announced its consolidated financial results for the three months ended March 31, 2026. The Company’s shares are listed on the Abu Dhabi Securities Exchange under the symbol SPACE42 (ISIN: AEE01122B228).In Q1 2026, Space42 delivered a robust financial performance, recording an increase in revenue and maintaining the momentum of the final quarter of 2025. It ......read full article

Zoho Global Study Reveals Zero Trust Maturity, Strong Cybersecurity Resilience Commitment Among UAE Enterprises

Zoho Global Study Reveals Zero Trust Maturity, Strong Cybersecurity Resilience Commitment Among UAE EnterprisesDubai, United Arab Emirates- 13 May, 2026: Zoho Corp., a leading global technology company, launched a report today revealing that while businesses in the UAE face frequent cyberattacks, 96 per cent of the respondents cited having the necessary tools to respond to cyber threats, leveraging capabilities such as real-time threat detection and endpoint security measures. UAE also has high Zero Trust adoption as well as commitment to strengthen cybersecurity measures, as per the report. However, there remains a need for stronger identity security as the nation advances its digital ecosystem and artificial intelligence adoption.According to ......read full article

Trina Storage Recognized as BloombergNEF Tier 1 Energy Storage Supplier for Tenth Consecutive Quarter in Q2 2026

Trina Storage Recognized as BloombergNEF Tier 1 Energy Storage Supplier for Tenth Consecutive Quarter in Q2 2026Trina Storage, a global energy storage solution provider, has once again been named a BloombergNEF (BNEF) Tier 1 Energy Storage Supplier for Q2 2026, marking its tenth consecutive quarter on the prestigious global ranking since BNEF first introduced its Energy Storage Tier 1 list in Q1 2024.Widely regarded as one of the most influential benchmarks in the global energy storage industry, the BNEF Tier 1 ranking serves as an important reference for project developers, financiers, and procurement decision-makers worldwide. The evaluation criteria extend beyond product performance and safety, placing strong emphasis on bankability, proven project ......read full article

ENOC Group honours employee excellence at the 2026 edition of the annual ENOC Awards

ENOC Group honours employee excellence at the 2026 edition of the annual ENOC AwardsTo Tweet this news, copy-paste the following: #ENOC Group to celebrate employee excellence on May 12 at the 2026 edition of the annual ENOC AwardsDubai, UAE; 13 May 2026: ENOC Group, a leading integrated global energy player, honoured and celebrated the outstanding contributions and dedication of its employees during the annual 2026 ENOC Awards ceremony, held on Tuesday, May 12.The prestigious event, hosted at the Al Ras Ballroom, InterContinental Dubai Festival City, recognised 456 employees for their role in enhancing ENOC Group’s competitiveness as an industry-leading national energy company. The annual awards reflect ENOC’s ......read full article

ADNOC Distribution delivers 21% net profit growth in Q1 2026, reflecting strength and resilience

ADNOC Distribution delivers 21% net profit growth in Q1 2026, reflecting strength and resilienceThe Company generated its highest ever Q1 EBITDA of $307 million (+11.7% YoY) and net profit of $210 million (+20.7% YoY)Fuel volumes reached a Q1 record of 3.82 billion liters (+2.4% YoY)Non-fuel retail gross profit increased 10% YoY, driven by higher customer footfall, enhanced property management, and convenience store offeringsThe Company added 22 service stations in Q1 and is on track to hit its target of 60-70 new stations in 2026Board of Directors approved ADNOC Distribution's first quarterly dividend (5.14 fils per share) to be paid in June 2026Abu Dhabi, UAE – May 13, 2026: ADNOC Distribution (ISIN: AEA006101017) (ADX: ......read full article

Amlak Finance announces its Q1 2026 financial results

Amlak Finance announces its Q1 2026 financial resultsAmlak group reported a net profit after income tax of AED 52 million for Q1 2026, reflecting a quarter-on-quarter growth of 86%.Total assets stand at AED 3.46 billion.Dubai, United Arab Emirates: May 12, 2026: Amlak Finance PJSC announced its quarterly financial results for the period ended 31 March 2026. The Company maintained its focus on the prudent management of its UAE operations and overall balance sheet.During the period, Amlak reported a net profit after income tax of AED 52 million, compared to AED 28 million in the corresponding period of 2025, representing a quarter-on-quarter growth of 86%.Amlak's total revenue for Q1 2026 ......read full article

Hotpack honoured at ‘Make it in the Emirates 2026' summit for outstanding contributions to UAE's industrial growth

Hotpack honoured at ‘Make it in the Emirates 2026' summit for outstanding contributions to UAE's industrial growthRecognition at the UAE’s flagship industrial summit highlights Hotpack’s three-decade contribution to sustainable manufacturing, innovation, and the nation’s industrial growth journey.Dubai, UAE – May 12, 2026: Hotpack, a UAE-headquartered global leader in sustainable packaging solutions, has been recognised as part of the UAE’s industrial development timeline at the recently concluded ‘Make it in the Emirates 2026’ summit in Abu Dhabi. As part of the recognition, the summit featured Hotpack within the House of Industries showcase, highlighting the company’s outstanding contributions to the ......read full article

EDGE and ADNOC Partner to Advance Strategic Capability Development

EDGE and ADNOC Partner to Advance Strategic Capability DevelopmentAbu Dhabi, UAE: 12 May 2026 – EDGE and ADNOC have signed a Memorandum of Understanding (MoU) under which EDGE will deliver capability development training to ADNOC employees through BRIDGE's advanced training and support programmes.BRIDGE, the Group’s strategic enabler for advancing technologies from development to production, industrialisation and operational excellence, has successfully trained more than 450 ADNOC employees under a previous contract, equipping them with practical AI knowledge, leadership skills, and tools to support data-driven decision-making and digital transformation.Under this agreement, BRIDGE will ......read full article

e& money supports UAE businesses and employees with a smarter salary solution

e& money supports UAE businesses and employees with a smarter salary solutionAll salary processing fees waived to help employers reduce costsEmployees receive free IBAN account, card, and access to financial services with benefits of up to AED 400 annuallyDubai, 12 May 2026 –– As businesses across the UAE continue to focus on efficiency while supporting their workforce, e& money, part of e&’s fintech portfolio, has introduced a new salary solution designed to simplify payroll, reduce costs, and enhance the financial experience for employees.Built as a fully digital, end-to-end ecosystem, the solution brings together WPS (Wage Protection System) compliance, salary processing, a Universal ......read full article

The DFSA prohibits reinsurance broker Mr Mohsen and fines him USD 139,722 for misleading and deceptive conduct

The DFSA prohibits reinsurance broker  Mr Mohsen and fines him USD 139,722  for misleading and deceptive conductDubai, United Arab Emirates, 12 May 2026: The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC) has imposed a fine of USD 139,722 (AED 513,129) on Mr Wael Abdelmohsen Abdellatif Mohamed Emara (Mr Mohsen) for misleading and deceptive conduct. The fine was reduced from USD 285,149 (AED 1,047,209) as Mr Mohsen agreed to settle with the DFSA, and after the DFSA considered Mr mohsen’s request for a reduction of the fine on the grounds of financial hardship.In addition to the financial penalty, the DFSA has:prohibited Mr Mohsen from ......read full article

UAE honors 20 companies and individuals for driving billions back into the national economy

UAE honors 20 companies and individuals for driving billions back into the national economyOrganizations and individuals recognized at Make it in the Emirates for their contributions to the local content agenda.Abu Dhabi, UAE. 6 May 2026: The Ministry of Industry and Advanced Technology (MoIAT) honored 20 companies and individuals at Make it in the Emirates 2026 on Tuesday for their contributions to the UAE's In-Country Value (ICV) Program — an initiative that has redirected AED 473 billion into the national economy to date.The ceremony, held as part of National ICV Day on the second day of Make it in the Emirates, was attended by His Excellency Hasan Jasem Al Nowais, Undersecretary of MoIAT, alongside senior officials ......read full article

Apis Partners Announces Final Close of $1.23 Billion Fund III, Double its Predecessor

Apis Partners Announces Final Close of $1.23 Billion Fund III,  Double its PredecessorFund III closes 23% above target, more than double Fund IIAround 50% of capital raised from existing LPs increasing commitmentsFund III to invest in tech-enabled financial infrastructure and services companies across Europe and growth marketsDubai, 7 May 2026 – Apis Partners Group (UK) Limited ("Apis"), a private equity firm investing in tech-enabled businesses in financial infrastructure and services, today announced the final close of Apis Global Growth Fund III and Apis Growth Markets Fund III (the "Funds" or "Fund III"), with combined commitments of $1.23 billion excluding co-investments, more than ......read full article

EDGE Awards AED 200 Million Contract to Abu Dhabi Cable Harness Manufacturer ECCI

EDGE Awards AED 200 Million Contract to Abu Dhabi Cable Harness Manufacturer ECCIEDGE entity HALCON has awarded an AED 200 million contract to Abu Dhabi-based ECCI for the manufacturing and supply of mission-critical subsystemsThe contract forms part of a larger drive from EDGE to integrate and rapidly grow the advanced capabilities of the UAE's manufacturing industryAbu Dhabi, UAE: 6 May 2026 – EDGE, one of the world's leading advanced technology and defence groups, through its smart weapon systems producer, HALCON, has awarded a contract to Emirates Cable Corporation Interconnect (ECCI), an Abu Dhabi-based manufacturing company specialising in the design and production of world-class cable and tactical ......read full article

Lg electronics releases first-quarter 2026 financial results

Lg electronics releases first-quarter 2026 financial resultsStrong Performance in Home Appliance and Vehicle Solutions DrivesQuarterly Revenue Beyond USD 16.24 Billion for First TimeNews SummaryLG Electronics achieved consolidated revenue of USD 16.24 billion and operating profit of USD 1.14 billion in first-quarter 2026.Combined revenue from LG's home appliance and vehicle solutions businesses surpassed USD 6.84 billion for the first time*. The vehicle solutions business was a standout performer, achieving all-time highs in quarterly revenue and operating profit and firmly establishing itself as a reliable B2B profit center for the company. At the same time, the home appliance business continued ......read full article

EtihadWE Development and Investment Arm Signs EPC Agreement with NMDC Infra and Lantania for Fujairah I IWP 60 MIGD Desalination Plant

EtihadWE Development and Investment Arm Signs EPC Agreement with NMDC Infra and Lantania for Fujairah I IWP 60 MIGD Desalination PlantAbu Dhabi, UAE – 05 May 2026: The development and investment arm of Etihad Water and Electricity (EtihadWE) has signed an Engineering, Procurement and Construction (EPC) agreement with NMDC Infra and Lantania Aguas for the Fujairah I Independent Water Producer (IWP) project, a 60 million imperial gallons per day (MIGD) seawater reverse osmosis (SWRO) desalination plant, with a total investment value of AED 1.046 billion.The signing ceremony was held at the Make It In the Emirates exhibition.The agreement was signed by Eng. Mohammed Al Shehhi, Chief Executive Officer of the development and investment arm; Haris Giatsos, Chief Executive ......read full article

UAE GSU shortlisted for three Reuters Energy Industry Awards 2026

UAE GSU shortlisted for three Reuters Energy Industry Awards 2026Abu Dhabi, May 4, 2026 — Abu Dhabi-based GSU, a Resources Investment company, with a growing renewable energy portfolio across Africa and Central Asia, (GSU) has been shortlisted in three categories at the prestigious Reuters Events: Energy Industry Awards 2026, recognizing its growing impact across clean energy and infrastructure in emerging markets.

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Hira Industries strengthens industrial presence in Ras Al Khaimah with 7,450 m² new production facility, generating 100+ jobs

Hira Industries strengthens industrial presence in Ras Al Khaimah with 7,450 m² new production facility, generating 100+ jobsRas Al Khaimah, 04 May 2026: Hira Industries, a global manufacturer and supplier serving the construction sector since 1980, has expanded its operations at Ras Al Khaimah Economic Zone (RAKEZ) with the addition of a new factory and warehouse facility at Al Ghail Industrial Zone.Spanning approximately 7,450 m2, the new facility will support the increased production of thermal and acoustic insulation solutions under Hira’s Aerofoam and Aerosound divisions, adding a total production capacity of over 500,000 m2 per month. The expansion is also expected to create more than 100 jobs, reflecting Hira Industries’ continued contribution ......read full article

Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026

Arab Bank Group Profits Grow to $ 276 Million for the First Quarter of 2026Arab Bank Group reported solid results for the first quarter of 2026, with 2% increase in net income after tax reaching $ 275.8 million as compared to $ 271 million for the same period last year. The Group maintained its strong capital base with a total equity of $ 13.1 billion.Compared to the same period last year, the Group's Assets grew by 9% to reach $ 79 billion, loans grew by 7% to reach $ 41.9 billion, and deposits grew by 8% to reach $ 57.5 billion.Commenting on the results, Mr. Sabih Masri, Chairman of the Board of Directors, stated that Arab Bank delivered a solid performance in the first quarter of 2026, despite ongoing global ......read full article

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion

CFI Secures Brazil Central Bank License, Advancing Latin America ExpansionDubai, United Arab Emirates – 30 April 2026: CFI Financial Group, a globally recognized leader in online trading services, today announced that it has received regulatory authorization from the Banco Central do Brasil to operate as a securities brokerage firm (Corretora de Títulos e Valores Mobiliários) in Brazil.This milestone marks the Group’s entry into one of Latin America’s most prominent financial markets, reinforcing its strategy of expanding through regulated, locally established operations in key global markets. The new license enables CFI to function as a fully licensed, locally regulated brokerage firm, ......read full article

Stellantis Reports Q1 2026 Financial Results

Stellantis Reports Q1 2026 Financial ResultsReturn to ProfitabilityYear-over-Year Improvement Across All Key Financial MetricsNet revenues increased to €38.1 billion, up 6% versus Q1 2025, supported by volume growth across all regions, with North America the primary contributorNet profit improved to €0.4 billion reflecting higher volumes and stronger operating performanceAdjusted operating income(1) reached €1.0 billion, with AOI margin(2) of 2.5% and most regions positiveIndustrial free cash flows(3) were negative €1.9 billion, reflecting typical first-quarter seasonality, and representing a 37% improvement versus Q1 2025, despite approximately €0.7 billion ......read full article

H.H. Sheikh Ammar bin Humaid Al Nuaimi chairs Ajman Bank Board meeting; profit before tax of AED 134 million in the first quarter

H.H. Sheikh Ammar bin Humaid Al Nuaimi chairs Ajman Bank Board meeting; profit before tax of AED 134 million in the first quarterTotal revenue up 22% to AED 443 millionAjman, United Arab Emirates – 29 April 2026. Ajman Bank PJSC reported a strong first quarter on Wednesday, posting net profit before tax of AED 134 million and net profit after tax of AED 130 million, as total revenue rose 22% year-on-year to AED 443 million, reflecting growth across the Bank’s core financing, treasury and fee-generating businesses.Net revenue increased 12% to AED 222 million, while non-funded income reached AED 63 million – equivalent to 28% of net revenue – pointing to continued progress in the Bank’s effort to build a more diversified income base beyond ......read full article

National Bank of Fujairah PJSC (NBF) – Q1 2026 Results NBF posted its best quarterly net profit after tax of AED 342.3 million, up 11.6% vs Q1 2025

National Bank of Fujairah PJSC (NBF) – Q1 2026 Results  NBF posted its best quarterly net profit after tax of AED 342.3 million, up 11.6% vs Q1 2025NBF's robust liquidity and capital adequacy and effective asset and liability management positions it well to navigate the uncertain operating environment with confidence29 April 2026: NBF is pleased to announce its results today for the three-month period ended 31 March 2026.Highlights:NBF recorded year-on-year growth of 11.6% to close the three-month period at a record net profit before tax of AED 376.2 million compared to AED 337.2 million in the corresponding period of 2025. Further, NBF posted its best ever net profit after tax for a quarter, amounting to AED 342.3 million, compared to AED 306.8 million in the corresponding period ......read full article

Emirates NBD Reopens New GCC Debt Capital Markets Activity with Landmark USD AT1 Issuance

Emirates NBD Reopens New GCC Debt Capital Markets Activity with Landmark USD AT1 IssuanceDubai, UAE, 29 April 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, announced the successful pricing of a USD 750 million Additional Tier 1 (AT1) capital issuance, marking the first debt capital market issuance from a GCC issuer since late February 2026. This strategic move follows the successful call of a previous USD 750 million issuance earlier this month, demonstrating the Bank's agile capital management and the deep global trust in the UAE and the wider GCC financial ecosystem.As the first public debt capital markets issuance in the GCC since the recent heightened ......read full article

TECOM Group sustains strong momentum in Q1 2026 with 12% net profit growth, driven by its diversified business, resilient operating model, and robust customer base

TECOM Group sustains strong momentum in Q1 2026 with 12% net profit growth, driven by its diversified business, resilient operating model, and robust customer baseRevenues for Q1 2026 grew 11% year-on-year (YoY) to AED 755 million, reflecting its business model resilience and ability to maintain sustainable growthEBITDA in Q1 2026 increased by 13% YoY to AED 610 million with a strong EBITDA margin of 81%, underpinned by the Group's operational efficiency and disciplined cost managementRecurring net profit rose by 12% YoY in the first quarter to AED 403 million, supported by high occupancy rates and strategic investments that reinforced the Group's asset portfolio, while strengthening overall performanceFunds from Operations (FFO) grew by 14% YoY to AED 549 million, driven by revenue growth and ......read full article

Aramex completes AED 815 million debt refinancing, redomiciling loans to UAE with competitive terms

Aramex completes AED 815 million debt refinancing, redomiciling loans to UAE with competitive termsSustainability-linked facility replaces USD and GBP loans in each country with competitively priced UAE-domiciled financing, backed by international and local banksReflects confidence in Aramex's credit profile and reinforces the Group's ESG commitments and balance sheet efficiencyDubai, UAE, 29 April 2026: Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced the successful completion of AED 815 million debt refinancing. The transaction consolidates existing USD and GBP-denominated loans into a single UAE-domiciled facility, arranged through a syndication of international and local ......read full article

Record gold prices continue to shift demand dynamics

Record gold prices continue to shift demand dynamics29th APRIL 2026 – The World Gold Council's Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year.Around the world, retail investors were drawn to gold's price momentum and safe-haven appeal, driving bar and coin demand up 42% year-on-year to 474t. Demand in China surged 67% year-on-year to a record 207t, considerably higher than the previous quarterly record of 155t in Q2'13. Other Eastern markets, including India, South Korea and Japan, also ......read full article

RAKBANK Strengthens Support for UAE SMEs with Expanded Financing, Relief Measures and Growth Incentives

RAKBANK Strengthens Support for UAE SMEs with Expanded Financing, Relief Measures and Growth IncentivesDubai, United Arab Emirates, April 29th, 2026: RAKBANK today reaffirmed its long-standing commitment to the UAE's SME sector, announcing a series of measures aimed at strengthening business resilience, maintaining credit flow and enabling growth during a period of heightened global uncertainty.For over five decades, supporting small and medium enterprises has been at the core of RAKBANK's strategy. Having served more than 250,000 SMEs across the UAE, the Bank continues to operate with a simple principle: if it does not help an SME grow, it does not build it. As market conditions evolve and businesses navigate shifting trade flows and ......read full article

Fertiglobe Delivers 31% Y-o-Y EBITDA Growth in Q1 2026, Demonstrating Financial and Operational Resilience Amid Challenging Geopolitical Conditions

Fertiglobe Delivers 31% Y-o-Y EBITDA Growth in Q1 2026, Demonstrating Financial and Operational Resilience Amid Challenging Geopolitical ConditionsQ1 2026 revenues rose 32% Y-o-Y to $915 million (+13% Q-o-Q), adjusted EBITDA grew 31% Y-o-Y to $342 million (+15% Q-o-Q) and adjusted attributable net profit almost doubled to $145 million (+98% Y-o-Y, +36% Q-o-Q).Robust Q1 2026 results reflect the resilience of Fertiglobe's globally diversified platform and its ability to capture value in tight market conditions.Urea operating rates across the platform reached 96% in Q1 2026, demonstrating tangible results from the Manufacturing Improvement Plan (MIP) with inventory built to ensure continued customer supply in coming months. Egyptian operations continued to achieve record-breaking ......read full article

Emirates Islamic wins regional award at Global Finance Sustainable Finance Awards 2026

Emirates Islamic wins regional award at Global Finance Sustainable Finance Awards 2026Bank wins 'Sustainable Finance Deal of the Year' in the Middle East for successful issuance of the world's first Sustainability-Linked Financing Sukuk of USD 500 millionAward showcases Emirates Islamic's commitment to sustainable finance and its key role in supporting the UAE's sustainability goalsDubai, UAE, 28 April 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has won 'Sustainable Finance Deal of the Year' for the Middle East region at the Global Finance Sustainable Finance Awards 2026.This prestigious recognition underscores the bank's leadership in integrating ......read full article

CFI Financial Group Reports Record Q1 2026 Performance, Surpassing USD 2.3 Trillion in Trading Volume

CFI Financial Group Reports Record Q1 2026 Performance, Surpassing USD 2.3 Trillion in Trading VolumeCFI recorded USD 2.3 trillion in Q1 trading volume, representing an 81% increase year-on-year and an 11% rise quarter-on-quarter. Client growth remained strong, with active clients increasing by 18% year-on-year and net deposits rising by 39% quarter-on-quarter.The Group expanded its presence in Latin America, building on operations in Colombia.Dubai, United Arab Emirates - 27 April 2026: CFI Financial Group, a globally recognized leader in online trading services, has started 2026 with its strongest quarter to date, recording trading volumes of USD 2.3 trillion. This represents an 11% increase compared to Q4 2025 and an 81% rise ......read full article

OGold Secures Strategic Investment from Silicon Valley's Plug and Play Ventures to Scale Global & Silver Ecosystem

OGold Secures Strategic Investment from Silicon Valley's Plug and Play Ventures to Scale Global & Silver  EcosystemAfter reaching over 1 million users and $50 million in GMV within its first year, OGold has secured institutional investment to accelerate its mission of connecting trusted assets like gold and silver with modern digital commerce.Dubai, United Arab Emirates, 27th April 2026: OGold, the UAE's premier Shariah-compliant gold and silver-backed Super App, has secured a strategic investment from Plug and Play Ventures, the venture capital arm of a world-leading innovation platform and startup accelerator headquartered in Silicon Valley, which connects high-growth companies with global corporations, investors, and strategic opportunities to ......read full article

The Arab Monetary Fund and the Central Bank of the UAE Organize the “Financial Health” Conference on the Occasion of the Arab Financial Inclusion Day Under the Theme: “Financial He

The Arab Monetary Fund and the Central Bank of the UAE Organize the “Financial Health” Conference on the Occasion of the Arab Financial Inclusion Day Under the Theme: “Financial HeAbu Dhabi, April 27, 2026The Arab Monetary Fund, in collaboration with the Central Bank of the United Arab Emirates, inaugurated the “Financial Health” Conference in celebration of the Arab Financial Inclusion Day, with the participation of a wide range of regional and international financial institutions.The conference highlighted the strategic transformation in the concept of financial inclusion—from focusing on access to financial services to fostering individuals’ financial health—thereby enhancing their ability to achieve financial stability and economic sustainability.In his opening remarks, H.E. Dr. Fahad ......read full article

EXEED delivers comprehensive Q1 performance across global markets

EXEED delivers comprehensive Q1 performance across global marketsRiyadh, Kingdom of Saudi Arabia – April 26, 2026: EXEED has closed an active first quarter globally, with its operations under Arabian Heritage Motors by Al Ghurair continuing to build on the Kingdom's position as a priority market. From rigorous product validation to channel expansion and brand building, EXEED has shown the systemic resilience and technological depth that now underpin its growth across key regions, including the Middle East.In January, the brand unveiled its largest flagship showroom in the MENA region in Riyadh. The 5,000-square-metre space offers an immersive environment that brings together product experience ......read full article

ADCB delivered record Q1'26 profit before tax of AED 3.781 billion, up 30% year on year, extending profit growth track record to 19 consecutive quarters

ADCB delivered record Q1'26 profit before tax of AED 3.781 billion, up 30% year on year, extending profit growth track record to 19 consecutive quartersStrong first quarter performance delivered by the effective implementation of strategy, resilient business model and operational continuity through the period. Net profit after tax of AED 3.361 billion translated to a RoAE of 16.3% Increasingly diversified revenue streams driving 18% YoY and 7% QoQ growth in operating income, with higher contribution from non-interest income, which was up 36% YoY and 27% QoQ, on higher fee and trading incomeLowest quarterly cost to income ratio of 25.6% resulting from top-line growth and sustained efficiencies, with operating expenses 8% lower QoQ Significant increase in net loans to customers of AED 20 ......read full article

Emrill strengthens executive leadership team with appointment of HR director to advance people strategy and Emiratisation

Emrill strengthens executive leadership team with appointment of HR director to advance people strategy and EmiratisationEmrill, a leading UAE-based integrated facilities management provider, has announced the appointment of Khadija Alhirey as HR director and member of the executive leadership team.In her new role, Alhirey will lead Emrill’s HR function, with a mandate to align people strategy with business objectives, strengthen organisational capability and build a sustainable talent pipeline to support the company’s growth. She will focus on workforce planning, talent development and employee engagement across the organisation.A key priority for Alhirey will be advancing Emiratisation across the business, strengthening the development of local ......read full article

Masdar: 20 years of powering the world's clean energy future

Masdar: 20 years of powering the world's clean energy futureFounded in 2006 by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Masdar was a bold bet on renewables when the world still doubted them.Since its launch, Masdar has helped transform renewables into the world's most cost-competitive, rapidly deployable power sourceToday, Masdar is one of the world's largest clean energy developers, with 65+ gigawatts of portfolio capacity and a clear path to 100GW by 2030Now pioneering the next frontier: round-the-clock gigascale renewable power in Abu Dhabi, a blueprint for the intelligence age, ready to scale globally Abu Dhabi, United Arab Emirates – April 23, 2026: Abu Dhabi Future Energy ......read full article

Commercial Bank of Dubai (CBD) delivers solid Q1 2026 Net Profit Before Tax of AED 912 million; Net Loans above AED 100 billion to back customer's growth

Commercial Bank of Dubai (CBD) delivers solid Q1 2026 Net Profit Before Tax of AED 912 million; Net Loans above AED 100 billion to back customer's growthNet profit after tax of AED 830 million, up 0.2% compared to the prior comparative periodNet loans of AED 102.1 billion, up 1.0% compared to 31 December 2025Top-tier ROE of 20.57% after tax, sustaining strong shareholder valueExcellent asset quality with Non-performing loan ratio improving to 3.55%, down 74 bps year-on-year, with coverage ratio at 104.72%, up 366 bps year-on-yearDisciplined execution delivers 26.90% cost-to-income ratio, positioning CBD among the industry's topCapital Adequacy Ratio of 15.45%, well above regulatory requirements, underpinning sustainable growthDubai, UAE, 22 April 2026: CBD today announced its financial ......read full article

Amlak Finance announces AED 735 million dividend distribution

Amlak Finance announces AED 735 million dividend distributionDividend payout highlights the company's effective asset optimization, and strong financial foundationDubai, United Arab Emirates: April 22, 2026: Amlak Finance PJSC ("the Company") has announced that its shareholders have approved an AED 735 million dividend, equivalent to a rate of AED 49 fils per share. This decision represents a historic milestone, reinforcing Amlak's solid financial foundation and its ongoing commitment to delivering shareholder value.The dividend payout total value of AED 735 million, representing 49% of the share capital, follows strong FY 2025 results. Amlak reported a net profit after income tax of ......read full article

du reports Q1 2026 Results delivering a strong start to the year

du reports Q1 2026 Results delivering a strong start to the yearRevenue and profitability momentum continues into 2026 with 6.9% revenues growth, 49.5% EBITDA margin and 15.5% net profit growthStrong operational performance and robust business continuity despite the exceptional operating environmentDubai, UAE – 22 April 2026 – Emirates Integrated Telecommunications Company PJSC (“du”) today announced its financial results for the first quarter ended 31 March 2026, marking a strong start to the year despite some weakness observed in March. Performance in January and February was excellent, reflecting effective execution across du’s core businesses and the resilience of its ......read full article

Saudi Arabia's Business Landscape Is Changing, Here's What Companies Need to Know

Saudi Arabia's Business Landscape Is Changing, Here's What Companies Need to KnowThere has been a noticeable shift in how businesses approach the Middle East.For years, companies would enter the region through Dubai and stay there. Expansion into other markets, including Saudi Arabia, was often seen as a later-stage move.That is no longer the case.Saudi Arabia has become a central part of regional growth strategies. Companies are not just considering it, they are prioritizing it. The scale of opportunity, combined with ongoing economic reform, has made the Kingdom one of the most important markets for businesses looking to expand in the GCC.At the same time, companies are becoming more deliberate in how they approach ......read full article

EGA to acquire majority stake in Italian aluminium recycling firm Eco Green, advancing global expansion strategy

EGA to acquire majority stake in Italian aluminium recycling firm Eco Green, advancing global expansion strategyAbu Dhabi, United Arab Emirates, 21 April 2026: Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas and the world's biggest producer of 'premium aluminium', today announced its intention to acquire an 80 per cent stake in Italian aluminium recycling company Eco Green.The acquisition, which remains subject to regulatory approvals, marks the latest milestone in EGA's global expansion and accelerates the company's growth in aluminium recycling across Europe.Eco Green specialises in aluminium scrap collection, sorting and casting, and dross processing, distributing a ......read full article

ScottishPower and Masdar set UK record for biggest blade install at East Anglia THREE offshore windfarm

ScottishPower and Masdar set UK record for biggest blade install at East Anglia THREE offshore windfarmFirst turbine installed at ScottishPower and Masdar's £4 billion East Anglia THREE offshore windfarm, featuring 115-metre blades – the biggest manufactured and used in the UKAll 285 blades for the 14MW turbines are being manufactured in the UK at Siemens Gamesa's factory in HullWhen complete, the 1.4 GW East Anglia THREE project will produce enough clean power for more than 1.3 million homesLondon/Abu Dhabi, 21 April 2026: ScottishPower and Masdar's East Anglia THREE offshore windfarm has set a UK offshore wind record with the installation of its first turbine – the first in the UK to feature 115 metre blades, ......read full article

RAKEZ spotlights practical pathways to building scalable businesses through structured operations

RAKEZ spotlights practical pathways to building scalable businesses through structured operationsRas Al Khaimah, 21 April 2026: Ras Al Khaimah Economic Zone (RAKEZ) recently hosted a focused session to explore one of the most common challenges faced by growing businesses, the over-reliance on founders and the need for structured systems to support sustainable growth.The event, titled “From Chaos to Control: How to Organise Your Business When Everything Lives in Your Head,” brought together entrepreneurs, SME owners, and decision-makers at Compass Coworking Centre for a practical discussion on how to transition from reactive, founder-led operations to structured, process-driven businesses.Led by Customer Experience and ......read full article

Record Profit of D 1B in Q1 2026.

Record Profit of D 1B in Q1 2026.RAKBANK is well positioned for growth​ with strong profitability, provision coverage, and capital​Ras Al Khaimah, United Arab Emirates, April 20, 2026 - The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the first quarter of 2026Across all products and services for our Corporate, SME, and Retail Clients. We remain open for business, supporting customers through short-term disruption while continuing to support their long-term ambitions.All-time high quarterly profit after taxSupported by industry leading net interest margin of 4.0% & CASA ratio of 65.6% and boosted by the gain on sale of ......read full article

EDB Reaches AED 1 Billion in Monthly Approvals, Anchoring the UAE's Industrial Resilience

EDB Reaches AED 1 Billion in Monthly Approvals, Anchoring the UAE's Industrial ResilienceAbu Dhabi, UAE – 20 April 2026: Emirates Development Bank (EDB), the key financial engine for the UAE's economic diversification and industrial transformation, today announced a landmark strategic milestone, recording AED 1 billion in monthly financing approvals.This scale of capital deployment reinforces the UAE's position as a global economic safe haven. While international markets navigate shifting trade dynamics and geopolitical complexities, EDB is actively executing a long-term vision to guarantee the nation's economic resilience. By systematically financing large-scale industrial projects, EDB is ensuring that the ......read full article

UAE's GSU Expands Renewable Energy Portfolio Across Africa and Central Asia in 2025

UAE's GSU Expands Renewable Energy Portfolio Across Africa and Central Asia in 2025Abu Dhabi, UAE – 17 April, 2026 — Abu Dhabi-based Global South Utilities (GSU), a Resources Investment company, said in a statement today, highlighting its 2025 milestones across Africa and Central Asia, that it expanded its renewable energy portfolio across the two regions, supplying electricity to more than 500,000 homes.GSU’s 2025 milestones reflect a year of execution across complex and underserved markets, where GSU delivered projects on accelerated timelines across diverse operating environments. In countries where energy access remains inconsistent, the company’s work has increasingly focused on bringing ......read full article

Sukoon announces 55% discount on car insurance for uae army, police and firefighers

Sukoon announces 55% discount on car insurance for uae army, police and firefighersApril 16th, 2026 Dubai, United Arab Emirates (UAE) Sukoon Insurance today announced a landmark initiative offering up to 55% discount on motor insurance premiums for all active UAE Armed Forces personnel, Police Officers, and Firefighters. The exclusive discount, timed to coincide with the UAE’s upcoming 55th anniversary, is a continuation of Sukoon’s recently launched "We stand by the UAE" campaign. As a locally founded institution deeply rooted in the fabric of the nation, Sukoon is uniquely positioned to understand and support the communities it serves.The initiative serves as a tangible expression of solidarity and ......read full article

Deerfields Mall records 11% footfall growth in Q1, reinforcing its position as a leading community driven retail destination in Abu Dhabi

Deerfields Mall records 11% footfall growth in Q1, reinforcing its position as a leading community driven retail destination in Abu DhabiAbu Dhabi, UAE - Deerfields Mall has delivered a strong start to 2026, recording an 11 percent year on year increase in total footfall during the first quarter. The performance reflects the strength of the mall’s fundamentals and its deep-rooted connection with its surrounding communities, further reinforcing Abu Dhabi’s position as a stable and attractive retail market.March alone recorded a 10 percent increase in visitor numbers, highlighting consistent momentum and the mall’s growing role as a key destination for social, dining, and lifestyle experiences.This growth was largely driven by the Ramadan and Eid Al Fitr ......read full article

Trinasolar upgrades Vertex N G3 modules to 760W, enhancing performance in high-demand scenarios

Trinasolar upgrades Vertex N G3 modules to 760W, enhancing performance in high-demand scenariosUnited Arab Emirates, 06 April: Trinasolar has unveiled its newly upgraded Vertex N G3 modules on 25th March. Leveraging its advanced n-type i-TOPCon Ultra technology, the Vertex N G3 modules now deliver a maximum power output of 760W, setting a new benchmark for mass-produced TOPCon modules. Full-scale commercialization is expected in Q3 this year.The Vertex N G3 achieves a performance leap through four core technologies: Ultra cell platform technology boosts higher power and bifaciality; multi-cut technology and edge passivation technology reduce current losses, and enhance shading and hot-spot performance; and ultra-high density packaging ......read full article

Federal Tax Authority Obtains Corporate Ethical Procurement and Supply Certification for Third Consecutive Year

Federal Tax Authority Obtains Corporate Ethical Procurement and Supply Certification for Third Consecutive YearDubai, UAE, 5 April 2026: The UAE’s Federal Tax Authority (FTA) has today announced that, for the third consecutive year, it has received the “Corporate Ethical Procurement and Supply” Certification, awarded by the Chartered Institute of Procurement & Supply (CIPS), a leading global organisation specialising in procurement and supply chain standards.This achievement reflects the Authority’s commitment to applying high standards of integrity, transparency, and governance in the management of procurement and supply operations, in line with international best practices. The FTA is the first tax authority globally to ......read full article

TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia

TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in AsiaBinding agreement to merge onshore renewable activities in nine countries across AsiaEach company will contribute assets of comparable value, totaling 3 GW of operational capacity and 6 GW under advanced developmentAbu Dhabi-headquartered platform positions partners to capture Asia's growing electricity demandParis/Abu Dhabi, 2 April 2026 – TotalEnergies, a global integrated multi‑energy company, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their onshore renewable activities in nine ......read full article

ADNOC distribution shareholders approve final 2025 dividend, bringing total annual payout to $700 million

ADNOC distribution shareholders approve final 2025 dividend, bringing total annual payout to $700 millionShareholders approved a final dividend of $350 million (10.285 fils per share) for H2 2025, to be paid in April 2026, with the full-year 2025 dividend yield of 5.4%ADNOC Distribution will move to quarterly dividends in 2026, with the first quarterly dividend for Q1 2026 expected to follow the H2 2025 payment, subject to Board approvalExtension of ADNOC Distribution's dividend policy through 2030 received shareholder approval providing continued visibility for shareholders in line with the Company's policySince the IPO, the Company has distributed $5.5 billion in dividends and delivered shareholder returns of 112%Abu Dhabi, UAE ......read full article

Global study shows energy industry ramping up investment in autonomous operations by 2030 as AI reshapes performance

Study of 400 senior energy and chemicals leaders across 12 countries signals a tipping point: the sector is racing towards almost 50% full automation by 2030 with close to a third of operations already fully autonomous.59% warn that delaying adoption will drive up operating costs, as the sector races to manage inflation and a retiring workforceGulf Cooperation Council (GCC) and Asia lead on current adoptions levels with North America planning the most aggressive acceleration, fueled by AI-driven energy demand and expanding data center footprintDubai (UAE)/ Cairo (Egypt)/ Riyadh (KSA), March 31, 2026 – Schneider Electric, a global ......read full article

SIB launches strategic rights issue to raise gross proceeds of up to AED 2.59 billion

SIB launches strategic rights issue to raise gross proceeds of up to AED 2.59 billionSharjah, 30 March 2026: Sharjah Islamic Bank PJSC (“SIB” or the “Bank”) during its Annual General Meeting (“AGM”) held on 9 March 2026 has approved to increase its capital through a strategic rights issue aimed at raising gross proceeds of up to AED 2.59 billion. This initiative marks a decisive step to accelerate the pace of the Bank’s strong organic growth and deliver substantial long-term value for shareholders.The rights issue provides shareholders with an opportunity to participate in the Bank’s continued success, through the subscription for new shares. This strategic initiative will ......read full article

Mubadala Energy Secures Southwest Andaman Exploration Block, Further Strengthening Its Andaman Sea Position

Mubadala Energy Secures Southwest Andaman Exploration Block, Further Strengthening Its Andaman Sea Position100% operated award consolidates Mubadala Energy's position as the leading explorer and operator in one of Southeast Asia's most emerging prospective deepwater gas basinsAbu Dhabi, 26 March 2026 – Mubadala Energy, the Abu Dhabi-headquartered international energy company, today announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia's Gross Split scheme.The block was awarded by Direktorat Jenderal Minyak dan Gas Bumi (DG MIGAS) as part of the Second Bid Round 2025. Mubadala Energy will hold a 100% participating interest and will operate the block.Situated immediately ......read full article

Dubai Investments Reports 31% Growth in Profit Before Tax to AED 1.70 billion for the Year Ended 31 December 2025

Dubai Investments Reports 31% Growth in Profit Before Tax to AED 1.70 billion for the Year Ended 31 December 2025Dubai, UAE, March 25, 2026: Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market (DFM), reported a profit before tax of AED 1.70 billion for the fiscal year ended 31 December 2025, representing a 31% increase compared to AED 1.30 billion in the previous year.Net profit after tax attributable to shareholders increased to AED 1.55 billion, compared to AED 1.21 billion in the previous year.The Group’s total income stood at AED 4.63 billion in 2025, reflecting a stable revenue base supported by contributions across its diversified business segments, including real estate, investments and ......read full article

National Bank of Fujairah PJSC (NBF) posted its third consecutive year of record results; surpassing the AED 1.2 billion net profit milestone for the first time in our history to d

National Bank of Fujairah PJSC (NBF) posted its third consecutive year of record results; surpassing the AED 1.2 billion net profit milestone for the first time in our history to d24 March 2026: NBF held its Annual General Assembly Meeting (AGAM) today at the DoubleTree by Hilton, Fujairah, United Arab Emirates, where shareholders approved the Chairman's and Directors' Reports, and the Internal Shari'ah Supervision Committee Report for NBF Islamic, the Islamic banking window of NBF. The bank's consolidated financial statements for the year ended 31 December 2025 were discussed and approved.The bank's shareholders also approved the distribution of profits equivalent to 20% (AED 516.1 million) of share capital in the form of cash dividends .The shareholders confirmed the appointment and remuneration ......read full article

Hotpack honors outstanding talent and innovation at ‘CEO Excellence Awards 2026'

Hotpack honors outstanding talent and innovation at ‘CEO Excellence Awards 2026'Dubai, UAE – March 23, 2025: Hotpack, the UAE-based leader in sustainable packaging solutions, hosted its annual ‘CEO Excellence Awards 2026’ recently in Dubai, in recognition of the outstanding contribution of individual employees, teams and projects across the operations of the company.The ‘CEO Excellence Awards’ has been instituted to identify talents, and team works that performed leadership, innovation, and operational excellence contributing to Hotpack’s overall growth and success. The event brought together employees from all divisions, celebrating their achievements and fostering a culture of ......read full article

Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billion in FY2025

Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billion in FY2025In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billionWio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industryWio's robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategyAbu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance in ......read full article

talabat proposes share buyback programme and mandates appointment of a liquidity provider

talabat proposes share buyback programme and  mandates appointment of a liquidity  providerShare buyback programme of up to 5% of the Company’s issued share capital over a period of up to two years from the date of shareholder approvalReinforces commitment to enhancing shareholder value as part of the Company’s capital allocation framework and confidence in talabat’s growth outlookShareholders will also vote to approve the final proposed 2025 dividends of USD 219 million (3.450 fils per share) at the AGM scheduled on 13 April 2026, bringing total 2025 dividends to USD 421 million (6.638 fils per share)Board mandates the appointment of a liquidity provider to enhance trading liquidityDubai, UAE, 16 March 2026: ......read full article

Majid Al Futtaim Reports Record FY 2025 Results with 41% Net Profit Growth and Strongest Balance Sheet in over a Decade

Majid Al Futtaim Reports Record FY 2025 Results with 41% Net Profit Growth and Strongest Balance Sheet in over a DecadeKey Highlights:Reported 10% increase in EBITDA, reaching AED 5.1 billion, the first time the company has exceeded AED 5 billion, and a 6% increase in revenue to AED 35.9 billion.Increased net profit by 41% to AED 3.6 billion including valuation gains.Achieved net profit growth of 48% reaching AED 2.3 billion excluding valuation gains.Generated AED 3.5 billion in free cash flow; net debt reduced by 15% to AED 11.9 billion with net debt-to-equity improving to 32%.Expanded its loyalty ecosystem with SHARE surpassing 10 million members while driving higher engagement through two new co-branded credit cards.Grew its UAE revenue by 11% exceeding ......read full article

Al Mal Capital REIT Announces Final Dividend Distribution of 3.75 Fils per Unit for H2 FY2025

Al Mal Capital REIT Announces Final Dividend Distribution of 3.75 Fils per Unit for H2 FY2025Dubai, UAE, 16 March 2026 – Al Mal Capital REIT (“AMCREIT”), the first REIT listed on DFM, regulated by the UAE’s Capital Market Authority, and managed by Al Mal Capital PSC (“Al Mal Capital”), a subsidiary of Dubai Investments PJSC, announced today that the REIT will distribute a final dividend of 3.75 fils per unit for the second half of the financial year ended 31 December 2025, amounting to a total distribution of AED 26,295,540 million (as against AED 19,270,871 for six months ended 30 June 2025).The distribution, in line with AMCREIT’s Investment Policy and CMA regulations, is declared on the ......read full article

TAQA Shareholders Elect New Board of Directors; Board appoints H.E. Jassem Mohammed Bu Ataba Al Zaabi as Chairman

TAQA Shareholders Elect New Board of Directors; Board appoints H.E. Jassem Mohammed Bu Ataba Al Zaabi as ChairmanTAQA shareholders approve updated dividend policy for 2026-2028Abu Dhabi, UAE – 13 March 2026 – Abu Dhabi National Energy Company PJSC (“TAQA” or the “Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today announced that its shareholders have confirmed the composition of its new Board of Directors following the Company’s Annual General Assembly.Shareholders also approved the Board of Directors’ recommendation for a final cash dividend of 2.20 fils per share for the fourth quarter of 2025, comprising a fixed dividend of 1.5 fils per share ......read full article

Invictus Investment publishes 2025 ESG report

Invictus Investment publishes 2025 ESG reportThird publication demonstrates continued progress in embedding ESG principles across the company's rapidly scaling agro-food operationsDubai, United Arab Emirates, 12 March 2026: Invictus Investment Company PLC (ADX: INVICTUS), a leading holding company specialised in agro-food commodities across the Middle East and Africa, today announced the publication of its third Environmental, Social and Governance (ESG) report for the 12 months ended December 31, 2025. Prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards, ADX ESG Disclosure Guidance and the UN Sustainable Development Goals, the ......read full article

talabat proposes share buyback programme and mandates appointment of a liquidity provider

talabat proposes share buyback programme and  mandates appointment of a liquidity providerShare buyback programme of up to 5% of the Company’s issued share capital over a period of up to two years from the date of shareholder approvalReinforces commitment to enhancing shareholder value as part of the Company’s capital allocation framework and confidence in talabat’s growth outlookShareholders will also vote to approve the final proposed 2025 dividends of USD 219 million (3.450 fils per share) at the AGM scheduled on 13 April 2026, bringing total 2025 dividends to USD 421 million (6.638 fils per share)Board mandates the appointment of a liquidity provider to enhance trading liquidityDubai, UAE, 12 March 2026: ......read full article

Schneider Electric Joins Forces with Tradeling to Accelerate Digital Distribution of Electrical and Industrial Automation Products across the UAE

Schneider Electric Joins Forces with Tradeling to Accelerate Digital Distribution of Electrical and Industrial Automation Products across the UAECollaboration marks Tradeling's entry into new product category, bringing Schneider Electric’s Lauritz Knudsen (LK) and Industrial Automation solutions to B2B buyers through innovative hybrid route-to-marketDubai, UAE, March 12, 2026 - Schneider Electric, a global energy technology leader, today announced that it is collaborating with Tradeling, the MENA region’s largest B2B digital ecosystem, backed by the Dubai Integrated Economic Zones Authority (DIEZA). The two parties inked an agreement formalizing synergies at Schneider Electric’s Dubai office, The NEST, marking a new chapter in digital B2B commerce for the ......read full article

Emrill wins five company and individual honours at Wasl Annual FM Rewards and Recognition Event

Emrill wins five company and individual honours at Wasl Annual FM Rewards and Recognition EventEmrill, a leading integrated facilities management provider in the UAE, has been recognised with five awards at the Wasl Annual FM Rewards and Recognition Event, held in February 2026. The annual event, hosted by Wasl, one of Dubai’s largest real estate management and development companies, celebrates outstanding performance, service excellence and operational achievement across its facilities management partners and service providers.At the event, Emrill was named Best Facilities Management Service Provider Company of the Year, recognising its overall performance throughout 2025 across Wasl’s diverse portfolio of residential, ......read full article

Orient Insurance Board Approves AED 500 Million Cash Dividend for 2025

Dubai, United Arab Emirates; 2 March 2026: Orient Insurance, a subsidiary of Al-Futtaim, announced that its Board of Directors approved the distribution of cash dividends during its meeting on 2 March 2026. The approved dividend amounts to 100% of the company’s share capital, with a total value of AED 500 million (equivalent to AED 100 per share) for the financial year 2025.Orient Insurance delivered strong financial results for the year ended 31 December 2025, reporting a record net profit of AED 836 million, representing a 14% increase compared to AED 731 million in 2024. The company also recorded significant growth in gross written ......read full article

ICICI Prudential Asset Management Company Limited Inaugurates it's DIFC Branch

ICICI Prudential Asset Management Company Limited Inaugurates it's DIFC BranchExpands Global Footprint to Connect with Global InvestorsDubai, February 28, 2026: ICICI Prudential Asset Management Company Limited (ICICI Prudential AMC), one of India’s largest asset management company, today inaugurated its branch in Dubai International Financial Centre (‘DIFC’), marking a significant step in its overseas expansion strategy and reinforcing its commitment to serving institutional and wealth investors across the Gulf Cooperation Council (GCC)and Africa region. The DIFC presence will serve as a strategic hub for ICICI Prudential AMC international business, enabling closer engagement with sovereign ......read full article

EGA delivers strong underlying financial performance and record sales in 2025

EGA delivers strong underlying financial performance and record  sales in 2025Abu Dhabi, United Arab Emirates, 27 February 2026: Emirates Global Aluminium, the largest 'premium aluminium' producer in the world, and the largest industrial company in the United Arab Emirates outside the oil and gas sector, today announced the closing of a $5 billion multi-tranche debt financing.The transaction supports EGA's strategic initiatives by enhancing liquidity and providing additional financial flexibility to execute long-term plans, while further strengthening the company's balance sheet and debt maturity profile.The financing combined conventional and Shariah-compliant facilities arranged with a group of 21 ......read full article

Exus Renewables to acquire stake in Masdar's Portuguese wind portfolio

Exus Renewables to acquire stake in Masdar's Portuguese wind portfolioExus to acquire 60 percent stake in portfolio of nine wind farms located in northern and central PortugalMasdar is repowering the portfolio, which will increase total operational capacity to 164MW, with plans to codevelop 110MW of additional solar capacityAgreement will support both companies' expansion plans, while accelerating Portugal's energy transformation27th February 2026, Lisbon, Portugal – Exus Renewables, a leading global energy solutions provider, has signed an agreement with Abu Dhabi Future Energy Company PJC – Masdar, a global clean energy leader, to acquire a 60 percent stake in a portfolio of nine wind ......read full article

Building the Future: HMH's Commitment to People, Planet, and Partnerships

Building the Future: HMH's Commitment to People, Planet, and PartnershipsDubai, UAE (February 25, 2026) – In an era where the hospitality industry is being called upon to lead by example, HMH continues to strengthen its commitment to sustainable growth by embedding environmental responsibility, people-first values, and collaborative partnerships at the core of its operations.HMH’s approach to sustainability is neither symbolic nor episodic. It is a rigorously structured commitment that spans corporate governance, operational execution, and long-term strategic planning. Central to this framework is the group’s adherence to internationally recognized standards, including ISO 14001 for ......read full article

Schneider Electric to Advance Energy Technology to Power Intelligence at Innovation Summit Middle East & Africa

Schneider Electric to Advance Energy Technology to Power Intelligence at Innovation Summit Middle East & Africa·Summit to convene Global AI, Technology Leaders, Government Officials for Insightful Thought Leadership Sessions; to Recognize Dedicated Partners and Stakeholders·Event Runs from April 28-29 Under the Theme "Advancing Energy Tech to Power Intelligence" and is expected to welcome 2000+ business leaders and market innovators from across the regionAbu Dhabi, UAE, February 26, 2026 – Schneider Electric, a global energy technology leader, today announced that the second edition of the Innovation Summit Middle East & Africa will be held in Abu Dhabi from April 28–29, 2026. The summit will bring together ......read full article

Sultan bin Ahmed launches Invest Bank's new identity

Sultan bin Ahmed launches Invest Bank's new identitySharjah 25, February 25, 2026: His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Board of Directors of Invest Bank, witnessed on Monday evening the launch of the new corporate identity and the announcement of Invest Bank's financial results at the House of Wisdom.In his speech at the ceremony, His Highness highlighted three milestones that showcase the bank’s transformation. The first is the return to profitability, achieved via immaculate operational execution, a clear vision, and calculated strategic choices. The bank achieved profitability after seven years of losses, with a ......read full article

Zoho Corporation Surpasses One Million Customers Globally, MENA Region Becomes its Second Fastest-Growing Market

Zoho Corporation Surpasses One Million Customers Globally, MENA Region Becomes its Second Fastest-Growing MarketOn its 30th anniversary, Zoho Corporation exceeds 150 million users worldwide and records five years CAGR 41% revenue growth in MENADubai, UAE— 25 February, 2026: Zoho Corporation, a leading global technology company, marked its 30th anniversary by announcing two major milestones: the company now supports more than one million paying customers and over 150 million users worldwide. The company — consisting of Zoho, ManageEngine, Qntrl, and TrainerCentral brands— is now a trusted technology provider to more than one million paying customers and over 150 million users globally.In 2025, Zoho Corporation recorded a 32% ......read full article

EGA delivers strong underlying financial performance and record sales in 2025

EGA delivers strong underlying financial performance and record sales in 2025Strong underlying financial performance supported by favourable aluminium prices.Underlying EBITDA up 7 per cent to AED 9.28 billion ($2.53 billion).Record metal sales of 2.83 million tonnes, with 81 per cent as value-added 'premium aluminium', including record low-carbon primary and recycled aluminium sales up 70 per cent to 196 thousand tonnes.Strategic growth advanced with plans for a new US smelter and a significant expansion of global aluminium recycling capacity.Signed a landmark initiative with TAQA, DUBAL Holding and EWEC to decarbonise aluminium production and accelerate the development of renewable and clean energy.Strong ......read full article

e& delivers record revenue and net profit in FY 2025 growing consolidated revenue 23% to AED 72.9 billion

e& delivers record revenue and net profit in FY 2025 growing consolidated revenue 23% to AED 72.9 billionConsolidated net profit reached AED 14.4 billion, growing 34 per cent Year-over-Yeare&’s subscriber base increased to 244.7 million across Asia, Africa, Middle East, Central and Eastern EuropeFull year dividend per share of 90 fils that will increase to 95 fils in 2026Hatem Dowidar the Group CEO will step down at the end of March after 6 years in the roleMasood M. Sharif Mahmood will take over on April 1st as the Group CEO, in addition to his current role as CEO of e& UAE.Abu Dhabi, 24 February 2026: e& has delivered record financial performance in 2025, reporting consolidated revenues of AED 72.9 billion, an increase of ......read full article

Ford Middle East and North Africa Delivers 10% Sales Growth in 2025, Marking its Strongest Year in a Decade

Ford Middle East and North Africa Delivers 10% Sales Growth in 2025, Marking its Strongest Year in a Decade• Double-digit growth in Saudi Arabia and the UAE, driven by customer demand for Territory, Taurus, and Everest.• Investments in parts, operations, and customer experience support continued momentum in 2026Dubai, UAE, February 24, 2026 – Ford Middle East and North Africa closed 2025 with its best sales performance in a decade, delivering 10% year-on-year (YoY) growth and achieving double-digit growth for three consecutive years. The results reflect demand across key markets, supported by Ford's focus on the vehicles customers want and the ownership experience they expect."2025 was a strong year for Ford Middle East ......read full article

Ducab marks regional first successful test of extra high voltage cables with Brugg Cables accessories

Ducab marks regional first successful test of extra high voltage cables with Brugg Cables accessoriesDubai, UAE – 23 February, 2026 – Ducab, a leading UAE-based end-to-end energy solutions provider and manufacturer of high-quality cables and wires, has marked a significant milestone with the successful completion of the Middle East's first Extended Pre-qualification (EPQ) testing in collaboration with Brugg Cables, a leading suppliers of speciallized high-voltage accessories.Ducab's EPQ and system type test for an Extra-High Voltage (EHV) 400kv cable system at 105°C emergency temperature is a regional first, underlining its technical excellence and reinforcing its competitiveness on the international ......read full article

Mubadala Energy Completes the Acquisition from Eni of a 15 Percent Interest in Egypt's Nargis Concession

Mubadala Energy Completes the Acquisition from Eni of a 15 Percent Interest in Egypt's Nargis ConcessionAbu Dhabi, 19 February 2026: Mubadala Energy, the Abu Dhabi headquartered international energy company, announces that it has completed the acquisition from Eni of a 15 percent participating interest in the Nargis Offshore Area ("Nargis") concession, an offshore exploration block in Egypt.In the concession, Eni now holds a 30 percent of the Contractor interest through its subsidiary, IEOC. The concession is operated by Chevron, with a 45 percent Contractor interest, with the remaining 10 percent interest owned by Tharwa Petroleum Company. The concession is in participation with the Egyptian Natural Gas Holding Company (EGAS): ......read full article

RAKEZ and National Bank of Fujairah renew partnership to offer integrated banking solutions for businesses

RAKEZ and National Bank of Fujairah renew partnership to offer integrated banking solutions for businessesDubai, United Arab Emirates, 18 February 2026: Ras Al Khaimah Economic Zone (RAKEZ) and National Bank of Fujairah PJSC (NBF) have recently renewed their strategic partnership through the signing of a Memorandum of Understanding, aimed at further enabling RAKEZ-registered businesses to access a full suite of integrated banking solutions designed to support SMEs and corporates at different stages of growth.Building on a long-standing collaboration, the renewed partnership reinforces NBF's role as one of RAKEZ's preferred banking partners and reflects both entities' shared commitment to simplifying the business journey and enhancing ......read full article

Orient Insurance Achieves AED 836 Million Profit in 2025, Up 14.4% Amid Strong Financial Results

Orient Insurance Achieves AED 836 Million Profit in 2025, Up 14.4% Amid Strong Financial ResultsDubai, United Arab Emirates; 13 February 2026: Orient Insurance, the leading UAE insurance provider and a subsidiary of Al-Futtaim, today has announced its preliminary financial results for the year ending 31 December 2025. The company demonstrated remarkable growth and operational excellence, underscoring its strategic focus and resilience in a dynamic market environment.Key Financial Highlights for FY 2025:• Gross Written Premium: AED 10.78 billion, a 19.3% increase from AED 9.04 billion in 2024• Insurance Revenue: AED 9.23 billion, up 21.4% from AED 7.60 billion in 2024• Net Profit After Tax: AED 836 million, a 14.4% rise ......read full article

Tabreed Reports FY 2025 Revenue of AED 2.46 Billion as Capacity Growth and Strategic Execution Drive Platform Resilience

Tabreed Reports FY 2025 Revenue of AED 2.46 Billion as Capacity Growth and Strategic Execution Drive Platform ResilienceConnected capacity increased 19% YoY to 1.57 million Refrigeration TonsRevenue of AED 2.46 billion and EBITDA at AED 1.27 billion, with a margin of 51.6%Abu Dhabi, United Arab Emirates – 13 February 2026: National Central Cooling Company PJSC (DFM: TABREED / ISIN: AEA002201018), the world's leading and most diversified district cooling company, today announced its results for the period ending 31 December 2025, reporting revenues of AED 2.46 billion and net profit of AED 465 million. The results reflect continued operational resilience, record capacity expansion and disciplined capital execution.Total connected capacity increased ......read full article

Burjeel Holdings Delivers 39.5% Net Profit Growth in 2025

Burjeel Holdings Delivers 39.5% Net Profit Growth in 2025Reported revenue of AED 5,501 million, up 9.8% YoY for 2025.Full-year EBITDA rose 19.9% to AED 1,089 million, with the EBITDA margin improving to 19.8% from 18.1% in 2024.Q4 2025 delivered particularly strong performance, with net profit surging 159.9% YoY. Abu Dhabi, 10 February 2026: Burjeel Holdings, a leading super-specialty healthcare services provider in the MENA, today announced its unaudited preliminary financial results for the year ended December 31, 2025.Burjeel Holdings delivered robust revenue of AED 5,501 million, up 9.8% YoY, while total patient visits exceeded 7 million, growing 8.4% YoY. Growth was driven by deeper community ......read full article

du reports its Q4 and 2025 results, sustaining strong growth and profitability momentum

du reports its Q4 and 2025 results, sustaining strong growth and profitability momentum2025 revenues increased by an exceptional 8.7% to AED 15.9 billion and net profit jumped by 16.8% Historical annual dividend of 64 fils per share, an 18.5% increase y-o-yDubai, UAE. 9 February 2026 – Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the fourth quarter and full year ended 31 December 2025, delivering a strong performance driven by a disciplined execution of its strategy and continued operational excellence. We achieved a balanced revenue growth alongside rigorous cost management translating into robust top- and bottom-line results. In 2025, revenues increased by 8.7%, ......read full article

Lg Electronics releases fourth-quarter and full-year 2025 financial results

Lg Electronics releases fourth-quarter and full-year 2025 financial resultsAnnual Revenue Reaches a Record USD 61.9 Billion, as HS and VS Extend Decade-Long Growth News Summary: LG Electronics achieved its highest-ever annual revenue for the second consecutive year.HS and VS recorded growth for the tenth consecutive year since 2015, despite U.S. tariff-related pressures and a slowdown in the electric vehicle market.Operating profit declined year-on-year, reflecting increased marketing expenditures for display-based products and one-off costs related to organizational optimization.Strategic growth areas – including B2B segments, non-hardware businesses and D2C models – continued to expand, with combined ......read full article

ADNOC Distribution Announces Record Results for 2025

ADNOC Distribution Announces Record Results for 2025Record full-year EBITDA of $1,166 million, up 11.1% YoYRecord full-year net profit of $761 million, up 15.4% YoY, driven by growth momentum across all business verticalsFuel volumes increased by 4.5% YoY to 15.7 billion liters in 2025Non-fuel retail gross profit increased 14.4% YoY, with non-fuel retail transactions up 9.3% YoYKey milestone reached with network expanded to over 1000 service stations, up 13% YoYThe company has proposed a dividend of $350 million for the second half of 2025, bringing the total 2025 dividend to $700 millionAbu Dhabi, UAE – February 3, 2026: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the ......read full article