Economy

Economy

Breaking business updates and trade deals, sector insights, personal finance, and global economic trends.

 

Economy

AD Ports Group receives notification of voluntary conditional cash offer from L’IMAD through ADQ

AD Ports Group on Monday announced that it has received a notification from L’IMAD Holding Company PJSC (L’IMAD), a sovereign investor of the Government of Abu Dhabi, of its intention to submit a voluntary conditional.

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Finance

ADGM’s FSRA, GCGRA partner to strengthen regulatory cooperation

The MoU reinforces the shared commitment of both authorities to maintaining high regulatory standards through effective…

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Economy

AD Ports Group reports Q2 2026 net profit of AED836 million

Revenue in Q2 2026 rose 47 percent YoY to AED7.08 billion, driven by the strong operational and financial performance of…

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Finance

Abu Dhabi Finance Week reveals first line-up of speakers for 2026 edition

With just under five months to go until the event, ADFW has already attracted more than 200 confirmed top international…

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Energy

TAQA reports net income of AED4.1 billion for H1 2026

EBITDA rose by 7.7 percent to AED11.0 billion from AED10.2 billion in the first half of 2025. Net income attributable to…

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Energy

Zayed Authority for People of Determination celebrates graduation of first cohort of Media Empowerment Programme

Launched by the Zayed Authority for People of Determination in cooperation with the National Media Authority and TRENDS, the programme...

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Economy

ADI Chain, Shipfinex to establish first regulated tokenised maritime asset class

Maritime Asset Tokens developed under the partnership will be issued through a regulated route and made available exclusively on ADI...

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Economy

FTA conducts 103,680 inspection visits in six months, up 21%

The inspections were conducted as part of the authority’s regulatory efforts, in cooperation with the relevant entities, to enhance tax...

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Energy

UAE strengthens youth empowerment at national, Arab, global levels

The United Arab Emirates is expanding its youth empowerment initiatives across sustainability, technology, and international development as it marks International...

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Finance

Khalifa Fund launches ‘Future Founders Market’

Aligning with the Fund’s continuous efforts to instil a culture of entrepreneurship among younger generations, the initiative enables participants to...

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Economy

Burjeel Holding reports AED2.8 billion H1 revenue

Net profit excluding one-off items increased 97.4 percent to AED227 million compared with the same period last year.

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Finance

Mubadala Excellence Programme renews support for Alia Abdulsalam in F4 World Championship

The programme provides comprehensive technical and logistical support through physical and technical preparation programmes, training camps in Norway, and participation...

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Economy

Alpha Dhabi net profit surges 48% to AED9.8 billion in H1

Group revenue reached AED37.6 billion, representing a 5 percent increase versus the same period of the prior year.

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Finance

ADGM’s Registration Authority activates Broker Classification Framework

The framework recognises high-performing real estate brokers operating within ADGM based on a structured set of performance criteria, including transaction...

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Economy

EMSTEEL reports AED2.4 billion in Q2 revenue

EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, on Friday reported revenues of...

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Energy

Borouge delivers 23% increase in net profit in Q2

According to a press release issued on Friday, the company's revenue increased by around 20 percent to $1.4 billion in...

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Finance

Khalifa Fund participates in AgenticVerse Programme to develop youth skills in AI

Throughout the five-day programme, participants worked in teams to solve real-world challenges by designing, building…

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Energy

TAQA Group successfully issues $750 million Blue Bond

TAQA PJSC (TAQA) on Thursday announced the successful issuance of a US0 million Blue Bond to finance sustainable water and...

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Energy

ADNOC Drilling delivers record first-half revenue, profits

The company reported revenue of $2.46 billion, up 4 percent year-on-year (YoY), while net profit rose 2 percent YoY to…

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Finance

ADIB delivers strong H1 2026 results, with net profit before tax increasing 9% to 4.3 billion

The strong performance was driven by significant customer financing growth, strong asset quality, and diversified revenue streams.

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