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Maaden profit more than doubles as revenue tops USD 10bn

Saudi Arabian Mining Company reported a strong financial performance in 2025, with net profit attributable to shareholders surging 156% to SAR 7.3 billion.

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Salik revenue jumps 35% as Dubai traffic and toll network expand

Salik Company reported a 35.1 percent increase in revenue for FY2025, reaching AED 3.10 billion, driven by new toll gates, variable pricing and Dubai’s expanding economy.

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du proposes AED 1.8bn additional dividend for 2025

du has proposed an additional dividend of 40 fils per share for 2025, equivalent to AED 1.8 billion, subject to shareholder approval.

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RedBird IMI and Banijay to merge media units in global content deal

RedBird IMI, a US investment group backed by Abu Dhabi’s International Media Investments (IMI), and France’s Banijay Group have agreed to merge All3Media with Banijay’s TV production business, creating a major global content producer.

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Kuwait’s KPC explores USD 7bn pipeline stake sale

Kuwait Petroleum Corporation (KPC) is holding early-stage talks with global investors over a potential USD 7 billion stake sale in its crude oil pipeline network, in a deal that mirrors recent Gulf infrastructure monetisation strategies.

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UAE non-oil business growth hits one-year high

Business activity in the UAE’s non-oil private sector accelerated in February, with the S&P Global UAE Purchasing Managers’ Index rising from 54.9 in January to 55.0 – its highest level in a year.

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Dubai’s Parkin targets USD 166m public parking revenue as portfolio expands

Parkin Company plans to expand its portfolio in 2026, adding between 5,500 and 7,500 new parking spaces and targeting public parking revenues of AED 560–610 million (USD 166 million), up to 16.3% growth year-on-year.

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Etihad signs sponsorship deal with McLaren Racing

Etihad Airways has entered a new sponsorship agreement with McLaren Racing, expanding Gulf aviation’s footprint in global motorsport.

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Dubai Aerospace to acquire Macquarie AirFinance in USD 7bn deal

Dubai Aerospace Enterprise (DAE) has agreed to acquire Macquarie AirFinance from Australia’s Macquarie Group for an enterprise value of USD 7 billion.

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Dubai awards AED 2.5bn in new stormwater drainage contracts

Dubai has awarded AED 2.5 billion (USD 680 million) in contracts to expand and strengthen its stormwater drainage network, supporting long-term urban resilience.

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