Dubai Electricity and Water Authority (Dewa) has announced that it has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion).
Emirates Petroleum Company (Emarat), a pioneer in the UAE’s oil and gas industry, has appointed Burhan Al Hashemi as its new CEO. Burhan brings three decades of experience in the downstream energy sector, with expertise spanning aviation fuels, lubricants, gas and marine fuel supply.
Dubai will launch the Al Layan Oasis development project, a new environmental and recreational destination in the emirate, following its approval by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
Ras Al Khaimah Economic Zone (Rakez) has signed a strategic agreement with global technology company Zoho to provide its business community with access to essential digital tools including its cloud-based business applications for managing and running their companies.
With continued policy evolution, deepening financial services ecosystems and expanding pools of investable capital, the Middle East’s private market AUM is forecast to double within the next five years, according to a new report.
Dividend Gate Capital (DGC) and Bahrain Family Leisure Company (BFLC) have signed a definitive agreement for BFLC’s share-swap acquisition of Truffle Hospitality Holding, the food and beverage subsidiary of DGC.
Thumbay Group has announced the launch of Thumbay Medicity Dubai, a major new academic healthcare destination in Al Qusais, Dubai.
Thumbay Group has announced the launch of Thumbay Medicity Dubai, a major new academic healthcare destination in Al Qusais, Dubai.
Ali Abdulwahab Al Mutawa (AAW), the exclusive distributor of Nolte Kitchen in Kuwait, has relaunched its Express Kitchen showroom, thus introducing the brand’s new visual identity in the country. The renovated space features the German brand's latest innovative kitchen solutions.
Dividend Gate Capital (DGC) and Bahrain Family Leisure Company (BFLC) have signed a definitive agreement for BFLC’s share-swap acquisition of Truffle Hospitality Holding, the food and beverage subsidiary of DGC.
Ras Al Khaimah Economic Zone (Rakez) has signed a strategic agreement with global technology company Zoho to provide its business community with access to essential digital tools including its cloud-based business applications for managing and running their companies.
Formula 1 returns to the Bahrain International Circuit for pre-season testing from February 11–13, marking the first on-track action. After months of car launches and winter development, the three-day test offers the first real indication of how the grid may be shaping up, according to top streaming platform TOD.
Egis has announced that it had played a major role as lead design consultant and construction supervisor for the Natural History Museum Abu Dhabi, one of the most technically complex cultural institutions in the Middle East, which officially opened its doors late last year.
The European Commission has announced it will look into allowing certain non-EU professionals to stay in the EU beyond the current 90/180-day rule, as part of a future overhaul of its visa system, a report said.