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.

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 plant near Mecca.

The Middle East has emerged as the world’s leading region for AI investment momentum, with the UAE ranking second globally, according to the Global Wealth AI Optimism Index.