|
|
 Abu 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 ......read full article
|
|
|
Exus to acquire 60 percent stake in portfolio of nine wind farms located in northern and central Portugal
Masdar is repowering the portfolio, which will increase total operational capacity to 164MW, with plans to codevelop 110MW of additional solar capacity
Agreement will support both companies' expansion plans, while accelerating Portugal's energy transformation
27th February 2026, Lisbon, Portugal ......read full article
|
|
|
Strong 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 ......read full article
|
|
|
Consolidated net profit reached AED 14.4 billion, growing 34 per cent Year-over-Year
e&’s subscriber base increased to 244.7 million across Asia, Africa, Middle East, Central and Eastern Europe
Full year dividend per share of 90 fils that will increase to 95 fils in 2026
Hatem Dowidar the Group CEO will step down at the end of March after 6 years in the role
Masood M. Sharif Mahmood will take over on April 1st as the ......read full article
|
|
|
 Abu 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, ......read full article
|
|
|
Connected capacity increased 19% YoY to 1.57 million Refrigeration Tons
Revenue 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, ......read full article
|
|
|
 Abu Dhabi, UAE, 12, February 2026– H&H, a Dubai-based developer renowned for design excellence and a portfolio of best-in-class developments, today announced a landmark partnership with Mubadala Investment Company "Mubadala", Abu Dhabi based sovereign investor to bring the esteemed Eden House brand to Abu Dhabi. The new development, strategically located on Al Maryah Island within ADGM, the International financial centre of ......read full article
|
|
|
 2025 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-y
Dubai, 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 ......read full article
|
|
|
Record full-year EBITDA of $1,166 million, up 11.1% YoY
Record full-year net profit of $761 million, up 15.4% YoY, driven by growth momentum across all business verticals
Fuel volumes increased by 4.5% YoY to 15.7 billion liters in 2025
Non-fuel retail gross profit increased 14.4% YoY, with non-fuel retail transactions up 9.3% YoY
Key milestone reached with network expanded to over 1000 service stations, up 13% YoY
The company has ......read full article
|
|
|
TECOM Group FY 2025 revenues increase by 19% year-on-year (YoY), driven by strategic portfolio expansion and robust performance across all business segments
EBITDA reached AED 2.2 billion in 2025, representing YoY growth of 20%, with a robust 78% margin, underpinned by the Group's effective operational performance
Recurring net profit for 2025 increased 20% YoY to AED 1.5 billion, underpinned by effective cost management and ......read full article
|
|
|
 UAE, Dubai – January 27, 2026 – TCL, a global leader in consumer electronics and the world’s No. 1 Mini LED and ultra-large TV brand, proudly announces Arsenal’s Bukayo Saka as its Brand Ambassador. It marks a significant milestone in strengthening the brand’s global partnership with Arsenal Football Club, where TCL serves as Official Global Consumer Electronics Partner.
TCL has recently teamed up with Arsenal ......read full article
|
|
|
 Emrill, one of the UAE’s leading total facilities management providers, has recorded strong performance in 2025, reflected in revenue growth, a high volume of contract wins and a solid rate of contract renewals across its portfolio.
During 2025, Emrill secured over 70 new contract wins, further strengthening its market position. The company now manages more than 265 active contracts, reflecting the scale of its operations and its ......read full article
|
|
|
 Abu Dhabi, United Arab Emirates, 26 January 2026: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the giant melting furnace at the company's under-construction aluminium recycling plant at Al Taweelah has been charged with scrap metal for the first time, in a major construction milestone.
Completion of construction is expected by the end of the first ......read full article
|
|
|
H1 revenue accelerated 41% year on year, and net profit climbed 16%
Backlog stood at AED 49.9 billion, with AED 13.9 billion in awarded projects
400,000 sqm fabrication yard in Saudi Arabia now fully operational
Extended its long-term agreement ("LTA") with Aramco, continuing a strategic partnership focused on offshore projects in Saudi Arabia
Abu Dhabi, UAE; 23 July 2025: NMDC Energy PJSC (ADX: NMDCENR), a ......read full article
|
|
|
Dubai, UAE – June 25, 2025 – Hibrid, a leading UAE-based provider of innovative streaming technology, has announced a strategic collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to offer comprehensive streaming and infrastructure services to customers throughout the Middle East and the Gulf Cooperation Council (GCC) region.
This collaboration combines Hibrid's cutting-edge ......read full article
|
|
|
 Abu Dhabi, UAE – 9 June 2025 – Meedaf, an ADGM-licensed entity launched in April 2025 to serve financial institutions across the GCC, proudly announces a strategic joint venture with Brink’s a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. This collaboration is set to revolutionize the cash management and ATM managed services industry in the UAE, ushering in a ......read full article
|
|
|
 Dubai, UAE –June 02, 2025: TCL, a leading global consumer electronics brand and the No.2 TV brand worldwide, proudly announces the elevation of its partnership with Arsenal Football Club to a global level, becoming Arsenal’s Official Global Consumer Electronics Partner.
This milestone marks a new era in the relationship between two iconic brands driven by shared values of innovation, excellence, and progress. Building on a ......read full article
|
|
|
 Dubai, UAE – May 2, 2025 – New Jersey Governor Phil Murphy and Hotpack, the UAE-based leader in sustainable food packaging solutions, today announced a major step forward in Hotpack’s international expansion strategy with a $100 million investment to establish a new manufacturing and distribution facility in Edison, New Jersey, USA. This project marks Hotpack’s first production base in North America, reflecting ......read full article
|
|
|
 Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors
Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed USD ......read full article
|
|
|
 By Daniela Sabin Hathorn, senior market analyst at Capital.com
Gold continues its impressive rally as market confidence in the soundness of the US administration wavers. The latest headline shaking investor sentiment emerged over the Easter weekend, with reports suggesting that President Trump is exploring ways to remove Federal Reserve Chairman Jerome Powell. Although the Fed’s independence has long been a pillar of financial ......read full article
|
|
|
Strategic acquisition of Transmission Investment will support TAQA Transmission’s international growth plans and expands its capabilities in offshore transmission services and transmission infrastructure development
Transmission Investment is one of the largest players in the United Kingdom’s offshore electricity transmission market and a prominent player in the country’s interconnector sector
Abu Dhabi, UAE – ......read full article
|
|
|
 The new installation has been dubbed one of the largest rooftop solar projects in National Industries Park, Dubai
Dubai, UAE – March 19, 2025: Hotpack Global, the UAE-based leader in sustainable packaging solutions, has successfully completed the installation of a 2.2 MW rooftop solar power system at its cutting-edge manufacturing facility in National Industries Park (NIP), Dubai. This milestone marks one of the largest solar energy ......read full article
|
|
|
Strong results and record alumina and hot metal production.
Building global aluminium recycling business, and laying foundations for low carbon primary growth.
Growing sales of CelestiAL solar aluminium.
Record Emiratisation rate, and metal sales to UAE customers.
Second consecutive year of AED 3.7 billion ($1 billion) dividend to shareholders.
AED 1.8 billion ($488 million) impairment of Guinea Alumina Corporation.
Abu Dhabi, ......read full article
|
|
|
 By Daniela Sabin Hathorn, senior market analyst at Capital.com
US equity futures started the week on a weaker note, continuing the recent trend of softness. The Nasdaq 100 extended heavy losses from Asian and European trading sessions, shedding nearly 500 points (2.5%) at the US open. Investor sentiment remains fragile as uncertainty surrounding Trump’s tariff policies fuels concerns about a potential global trade war and its ......read full article
|
|
|
Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis
Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar
17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China
Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and ......read full article
|
|
|
 Abu Dhabi, UAE, February 18, 2025 - Kalyani Strategic Systems Limited, a wholly-owned defence subsidiary of Bharat Forge, proudly unveiled the MArG 45, mobile gun system mounted on a 4x4 all-terrain platform, at IDEX Abu Dhabi 2025. The prestigious launch was officiated by H.E. Shri Sunjay Sudhir, Ambassador of India to the UAE, reinforcing India’s commitment to advancing global defense technology.
MArG 45 exemplifies Kalyani ......read full article
|
|
|
 Company highlights Japan-quality innovations, sustainability and customer-centric strategies to address the unique needs and preferences of Nigerian market
Lagos, Nigeria
Panasonic Marketing Middle East & Africa (PMMAF) has unveiled its roadmap to support the company's growth journey in the Nigerian market this 2025 and beyond. With a strong focus on the air conditioning (AC) business, Panasonic aims to address the increasing need ......read full article
|
|
|
Solar PV panels will be added to more than 100 service stations across Abu Dhabi, intended to avoid more than 13,000 tonnes of CO₂ emissions annually.
Milestone marks the second phase of service station solarization program following the successful installation of solar PV panels at 28 service stations in Dubai.
Initiative supports ADNOC Distribution’s sustainability goals, in line with its aim to reduce operational carbon ......read full article
|
|
|
 Abu Dhabi, 15 January 2025 Al Hilal Bank, a subsidiary of ADCB Group, has appointed Jamal Al Awadhi as its new Chief Executive Officer to spearhead the Bank’s ambitious growth trajectory and reinforce its position as the UAE’s premier Shariah compliant digital bank.
Al Awadhi, a seasoned industry leader and UAE national, brings over 20 years of senior leadership experience across diverse sectors, including financial services, ......read full article
|
|
|
Masdar has acquired Saeta Yield and partnered with Endesa S.A. in Spain
UAE's clean energy leader has acquired Saeta, an established renewables platform with an operating portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal, for an enterprise value of €1.2 billion
Masdar is also partnering with Endesa in Spain in a portfolio of over 2GW of solar assets and aims to add 0.5GW of ......read full article
|
|
|
 VinFast is setting a new standard for sustainable innovation in the electric vehicle (EV) industry. By prioritizing long-term environmental impact over short-term gains, VinFast is actively addressing the challenges of battery disposal and reuse, positioning itself as a leader in the circular economy.
As the world transitions to EVs, opportunities to enhance sustainability continue to emerge. While EVs are widely recognized as a solution to ......read full article
|
|
|
Abu Dhabi, UAE – December 5, 2024 – Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to purchase a minority stake in Zelis, a leading provider of healthcare technology solutions in the United States. Mubadala Investment Company is the lead investor, alongside a group of investors including Norwest and HarbourVest. Parthenon and Bain Capital remain the majority owners of Zelis.
“We ......read full article
|
|
|
 November 18-19, 2024 | JOCIC Park, KEZAD, Abu Dhabi, UAE
Abu Dhabi witnessed a landmark event today with the official opening of the 2nd Chinese Industrial Products Exhibition (CIPE 2024) at JOCIC Park, KEZAD. This premier event, a testament to four decades of China-UAE economic partnership, brought together innovators, investors, and policymakers to chart a new course for industrial collaboration.
The opening ceremony, organized by JOCIC ......read full article
|
|
|
New customer connections in four countries: UAE, India, Egypt and Oman
Company committed to maintaining 'Investment Grade' credit rating
Abu Dhabi, United Arab Emirates—15 November 2024: Tabreed, the UAE's leading international district cooling company, has released its consolidated financial results for the first nine months of 2024.
Tabreed has experienced a 6% year-on-year rise in consumption volumes during 9M ......read full article
|
|
|
Abu Dhabi, 13 November 2024: Investcorp Capital plc (the "Company" or "Investcorp Capital") (ADX symbol: "ICAP"), an investor in private markets and a provider of capital and capital financing services in the alternative investments space, is pleased to announce its first quarter results for the fiscal year 2025 ended 30 September 2024.
Highlights:
Net profit of $12 million.
Capital ......read full article
|
|
|
Net profit up 145% year-on-year due to strong operational performance and strategic expansion
Third quarter revenues reached AED 3.975 billion, up 110% year-on-year
Abu Dhabi, UAE; 23 October 2024: NMDC Energy JCSJ (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported strong third quarter financial results in its first earnings announcement since its recent initial public offering (IPO).
NMDC ......read full article
|
|
|
 "KZ Media" is a comprehensive platform specialised in visual content production and brand management to enable companies to reach new horizons
Abu Dhabi, United Arab Emirates – 03 October 2024: KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities & Free Zones, and the largest operator of integrated and purpose-built economic zones in the UAE, has announced the launch of a new business initiative dedicated ......read full article
|
|
|
 24 September 2024 – Abu Dhabi, United Arab Emirates: Global Aerospace Summit, a premier forum spearheaded by CEO’s bringing together the world's aerospace supply chain, is set to drive greater sustainability, youth engagement, and innovation across the industry. The Summit, taking place from 25 to 26 September in the UAE capital, has grown in stature and significance to become the premier platform for ......read full article
|
|
|
Longer debt maturities at low margin positions the Group to benefit from declining interest rates
Lower spreads will yield up to AED 44 million in savings over the next 12 months
Abu Dhabi, UAE – 20 September 2024: AD Ports Group, a leading facilitator of global trade, logistics and industry (ADX: ADPORTS), has signed agreements with two UAE banks to refinance its syndicated loan of USD 2.25 billion at more favourable terms, which ......read full article
|
|
|
 66% reduction in Scope 1 and 2 greenhouse gas emissions
Pledge to plant 700,000 mangroves in the UAE by 2030
Abu Dhabi, 18 September 2024 – Mubadala Energy, the Abu Dhabi headquartered international energy company, has today announced significant progress across key Environmental Social and Governance (ESG) drivers, including a two thirds reduction in Scope 1 and 2 greenhouse gas (GHG) emissions from 2022. Launching its 2023 ......read full article
|
RSS Feed 
