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 guidance.
News
Opinion
The invoice is getting an upgrade – here’s what that means for your business
The UAE has been moving fast on technology, with AI strategies, smart government, and digital infrastructure across almost every sector. The humble invoice has not been left out of that push.
Opinion
Why the Gulf’s oldest money is making the region’s boldest startup bets
Just over a year ago, the World Economic Forum described the GCC as experiencing a golden age for startups and entrepreneurs. It is a striking claim, and the numbers bear it out.
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.
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.
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.
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.
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.
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.
News
Nakheel awards AED 527m Dubai Islands infrastructure contract
Nakheel has awarded an AED 527 million contract to Al Nasr Contracting Company to develop infrastructure for Island B at Dubai Islands.