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.
Aldar Properties has acquired a logistics portfolio from AD Ports Group for AED 650 million, expanding its industrial footprint in Abu Dhabi.
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
du reported a 16% increase in Q1 2026 net profit to AED 834 million, supported by steady revenue growth and subscriber expansion.
Emirates NBD reported a 3% rise in Q1 2026 net profit to AED 6.4 billion, driven by strong lending and deposit growth.
KKR has secured a commitment from ALTÉRRA to expand its Global Climate Transition Strategy, targeting investments across energy, infrastructure and decarbonisation.
Dubai has approved a new AED 34 billion metro line, expanding its rail network by 25% as part of long-term urban growth plans.
Aldar Properties and Mubadala Investment Company have acquired The Link at Masdar City for AED 654 million, expanding their joint real estate portfolio.
Emirates Development Bank has reached AED1 billion in monthly financing approvals, reinforcing its role in driving the UAE’s industrial and economic diversification agenda.
Nakheel has awarded an AED 527 million contract to Al Nasr Contracting Company to develop infrastructure for Island B at Dubai Islands.
ACWA Power and Saudi Energy have signed a power purchase agreement with Saudi Power Procurement Company to expand the Rabigh 2 independent power
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