News Real Estate

Aldar acquires Dubai Studio City Project for AED 1.1bn

Abu Dhabi developer Aldar Properties has purchased a residential and community retail development in Dubai Studio City from private developer SRG for AED

Read More
News

DEWA posts record Q1 revenue as profit surges 90%

Dubai Electricity and Water Authority (DEWA) posted its highest-ever quarterly revenue in the first three months of 2026, with income rising 8% year

Read More
News

Crypto.com becomes first crypto firm to win UAE Central Bank SVF license

Crypto.com has secured a Stored Value Facilities (SVF) license from the Central Bank of the UAE (CBUAE), becoming the first virtual asset service

Read More
News

ADNOC Gas posts USD 1.1bn Q1 profit

ADNOC Gas plc reported net income of USD 1.1 billion for Q1 2026, demonstrating financial resilience despite significant operational headwinds.

Read More
News

QIA deepens strategic ties with General Atlantic in USD 500m growth equity push

The Qatar Investment Authority (QIA) has announced a significant expansion of its strategic partnership with General Atlantic, anchored by a USD 500 million

Read More
News

Bank of Sharjah Q1 profit rises 30% to AED 151m

Bank of Sharjah reported Q1 2026 net profit of AED 151 million, up 30% year-on-year, while profit before tax increased 28% to AED

Read More
News

Aramco Q1 profit rises 25%, tops SAR 120.13bn

Saudi Aramco reported Q1 2026 net profit of SAR 120.13 billion (USD 32.04 billion), up 25.6% year-on-year and above analyst estimates of USD

Read More
News

ADNOC Distribution signs AED 60m industrial supply deals

ADNOC Distribution signed strategic agreements worth over AED 60 million with Emirates Global Aluminium and Borouge during Make it in the Emirates 2026.

Read More
News

AD Ports moves 70,000 TEUs through Fujairah corridor

AD Ports Group handled more than 70,000 TEUs through Fujairah Terminals during recent regional disruptions, while processing over 100 cargo vessels daily.

Read More
News

Arada acquires controlling stake in Reem Hospital

Arada has acquired an 80%+ stake in Reem Hospital as part of its AED 2 billion healthcare expansion strategy.

Read More