News

Ras Al Khaimah hits AED 12.4bn home sales, off-plan at 85%

Cavendish Maxwell reports Ras Al Khaimah recorded AED 12.4 billion across 6,600 residential transactions in 2025, with off-plan accounting for 85% of deals.

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News

Aldar sells 80% of Yas Park Place, tops AED 800m

Aldar Properties has sold 80% of released units at Yas Park Place on Yas Island, generating over AED 800 million in sales.

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News

Aldar acquires KEZAD logistics assets for AED 650m

Aldar Properties has acquired a logistics portfolio from AD Ports Group for AED 650 million, expanding its industrial footprint in Abu Dhabi.

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News

ADCB Q1 profit hits AED 3.36bn, beats estimates

Abu Dhabi Commercial Bank reported a Q1 FY26 net profit of AED 3.36 billion, exceeding analyst expectations and maintaining its 20% full-year growth

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News

du Q1 profit rises to AED 834m on revenue growth

du reported a 16% increase in Q1 2026 net profit to AED 834 million, supported by steady revenue growth and subscriber expansion.

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News

Emirates NBD profit hits AED 6.4bn on lending growth

Emirates NBD reported a 3% rise in Q1 2026 net profit to AED 6.4 billion, driven by strong lending and deposit growth.

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News

KKR secures backing from UAE climate investor ALTÉRRA

KKR has secured a commitment from ALTÉRRA to expand its Global Climate Transition Strategy, targeting investments across energy, infrastructure and decarbonisation.

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News

Dubai unveils AED 34bn Gold Line metro expansion

Dubai has approved a new AED 34 billion metro line, expanding its rail network by 25% as part of long-term urban growth plans.

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News Real Estate

Aldar–Mubadala JV acquires Masdar City asset for AED 654m

Aldar Properties and Mubadala Investment Company have acquired The Link at Masdar City for AED 654 million, expanding their joint real estate portfolio.

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Economy News

Emirates Development Bank hits AED 1bn monthly financing milestone

Emirates Development Bank has reached AED1 billion in monthly financing approvals, reinforcing its role in driving the UAE’s industrial and economic diversification agenda.

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