Dubai’s Deyaar lifts nine-month profit 27% on strong property handovers
Dubai developer Deyaar Development reported a 27% rise in profit before tax to AED 541.5 million for the first nine months of 2026, up from AED 425.7 million a year earlier.
Dubai developer Deyaar Development reported a 27% rise in profit before tax to AED 541.5 million for the first nine months of 2026, up from AED 425.7 million a year earlier.
Sharjah’s largest real estate developer, Arada Developments, has set a maximum acceptance amount of USD 180 million (AED 661 million) for its tender offer to buy back existing certificates for cash.
The UAE accounted for roughly 61% of sustainable debt issuance across the Gulf in all currencies during the first nine months of 2026, according to Bashar Al Natoor, Managing Director and Global Head of Islamic Finance at Fitch Ratings.
The United Arab Emirates and Greece announced 18 memoranda of understanding, agreements and commercial partnerships worth AED 52.39bn on Thursday, at the UAE-Greece Strategic Forum in Athens.
Emirates Integrated Telecommunications Company (du) reported a 10.8% rise in net profit to AED 2.4 billion for the first nine months of 2026, as revenue climbed 6.2% to AED 12.3 billion. EBITDA increased 9.2% to AED 6.0 billion, lifting the margin to 48.7%.
The global energy system proved more resilient than expected after one of the most severe geopolitical stress tests in fifty years, according to the ADIPEC Global Energy Trends 2026 report, with 64% of industry insiders saying so.
NMC Healthcare has announced an AED 150 million investment to expand its medical facilities and specialist services across Abu Dhabi, including new clinics, hospital upgrades and additional treatment capacity.
The UAE’s renewable energy capacity has risen more than 63-fold over the past decade, reaching over 8.2 gigawatts (GW) in 2025, up from 129 megawatts (MW) in 2015, according to Energy and Infrastructure Minister Suhail bin Mohammed Al Mazrouei.
HSBC has identified USD 872bn of individual infrastructure project packages within a wider USD 1.4tn planned and unawarded pipeline across the Middle East, North Africa and Türkiye, which it says offers investors greater exposure to the region ahead of 2030.
Dubai’s real estate investment value reached more than AED 680 billion in 2025, more than four and a half times the AED 148 billion recorded in 2021, according to a study by brokerage W Capital Real Estate based on Dubai Land Department data.
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