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Paving the Net Zero Path: Emicool Unveils Roadmap to Achieve Net Zero Operations by 2050

Emirates District Cooling (Emicool) LLC, a leading provider of sustainable district cooling services in the UAE and a joint venture…

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Business

Resilient Growth: EGA Reports 34% Surge in Adjusted Net Profit to $670 Million for H1 2026

Emirates Global Aluminium (EGA), the world’s largest ‘premium aluminium’ producer, today announced resilient financial performance in the first half of…

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Business

Record Financial Performance: ADNOC Distribution Delivers $568 Million H1 Net Profit

ADNOC Distribution delivered record first-half results, with net profit rising 59% year-on-year (YoY) to $568 million and reported EBITDA increased 39%…

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Business

Visa Appoints Emirates NBD as its Official National Net Settlement Service Agent in the UAE

Visa, a world leader in digital payments, has appointed Emirates NBD, a leading banking group in the Middle East, North…

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Business

NMDC Group’s net profits surge 29% Year on Year to Surpass the AED 4.0 billion Mark for the First Time

NMDC Group (ADX: NMDC), a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results…

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Business

ADNOC Gas announces Q1 net income of $1.27 billion

ADNOC Gas plc and its subsidiaries, a world-class integrated gas processing and sales company, today announced net income of $1.27…

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News

UAE’s Net Wealth Reached USD 2.9 Trillion in 2023, Reveals BCG Global Wealth Report 

Boston Consulting Group’s (BCG) annual global wealth report, Global Wealth Report 2024: The GenAI Era Unfolds revealed that the United…

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Business

UAE’s Banking Sector Net International Reserves up 11% to AED1.273 trillion by End July-24

Net international reserves of the UAE’s banking sector increased by 11.1%, or AED127.5 billion, during the first seven months of…

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Business

Alpha Dhabi Records AED11.1 Billion Net Profit in 9 Months

Alpha Dhabi Holding has announced a group net profit of AED11.1 billion for the nine-month period ending 30th September 2024.…

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