News

UAE certifies world’s first commercial vertiport as Dubai air taxi network takes shape

The UAE's General Civil Aviation Authority has certified what regulators describe as the world's first purpose-built commercial vertiport for electric vertical take-off and landing aircraft, marking a landmark step in Dubai's planned air taxi network.

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ADNOC Logistics & Services orders four next-generation LNG carriers in AED 3.3bn newbuild deal

ADNOC Logistics & Services has placed a newbuilding order for four next-generation liquefied natural gas carriers valued at AED 3.3 billion, with delivery scheduled for 2029.

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UAE airports handle record 156.8m passengers in 2025

The UAE's airports collectively handled a record 156.8 million passengers in 2025, a 6.1% increase from 147.8 million the year prior, as aircraft movements climbed 6.8% to 855,300, according to data released by the Federal Competitiveness and Statistics Centre (FCSC).

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Taaleem posts record AED 1.17bn revenue as premium enrolment climbs 11.5%

UAE-listed education provider Taaleem delivered record nine-month results for FY2025/26, with operating revenue rising 18.5% year-on-year to AED 1.17 billion, net profit up 9% to AED 283.2 million, and EBITDA growing 16% to AED 439.4 million.

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e& exits Vodafone with AED 21.8bn sale to French Niel family group

Abu Dhabi-listed telecoms and technology group e& has agreed to sell its entire 16.21% stake in Vodafone Group to Vega, an acquisition vehicle wholly owned by the French Niel family group, for approximately AED 21.8 billion, inclusive of Vodafone's final FY26 dividend.

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Gulftainer brings forward USD 2bn Khor Fakkan expansion as container traffic surges eightfold

Sharjah-based logistics operator Gulftainer has accelerated its USD 2 billion investment programme at Khor Fakkan Port after the US-Iran conflict triggered an extraordinary surge in container traffic, with weekly volumes leaping from around 8,000 containers before the crisis to 65,000 – an eightfold increase.

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Deutsche Bank establishes Riyadh regional HQ to deepen Saudi and Middle East push

Deutsche Bank has secured a license to establish a regional headquarters in Riyadh, becoming the latest in a growing line of global financial institutions to anchor Middle East operations in the Saudi capital.

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Economy News

UAE ranks ninth globally for FDI inflows and second for greenfield projects in 2025

The UAE attracted USD 48.24 billion in foreign direct investment in 2025, a 6% increase year-on-year, securing its position as the ninth largest FDI recipient globally and the leading destination in the MENA and GCC regions, ahead of Saudi Arabia at thirteenth, according to UNCTAD's World Investment Report 2026.

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Sheikh Mohammed bin Khalid Al Nahyan’s Private Department commits USD 1.13bn to LNG firm MidOcean Energy

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan has committed USD 1.13 billion to MidOcean Energy, a Texas-headquartered LNG company formed and managed by US energy and infrastructure investment firm EIG, marking the Abu Dhabi-based platform's entry into the global LNG sector.

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ADNEC Group generates record AED 9.2bn economic impact in 2025

Abu Dhabi's ADNEC Group delivered its most successful year on record in 2025, generating AED 9.2 billion in total economic impact – an 8% increase from AED 8.5 billion in 2024 – while attracting 6.3 million visitors across its venues, up 17% year-on-year.

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