Leading Abu Dhabi developer Aldar Group has recorded strong financial and operational results for the first quarter with a 20% jump in its net profit which rose to AED2.3 billion ($626 million), driven by the realisation of development revenue backlog which hit AED72.1 billion ($19.6 billion).
Speedex Tools has officially opened its newest retail destination in Musaffah, Abu Dhabi, marking another milestone in the company’s continued UAE expansion. Spanning over 10,000 sq ft, the branch offers 20,000+ products across 12 categories including power, welding tools and workshop equipment.
Abu Dhabi authorities have announced that steady progress is being made on the Al Ain Residential Project featuring five housing complexes that, on completion, will boast a total of 10,316 villas for citizens, designed to the highest standards of sustainability and quality.
UAE developer Mered has announced a major construction milestone at Riviera Residences, its flagship waterfront project on Al Reem Island, as the project enters deep foundation and piling works. On completion, it will feature over 400 apartments and 11 exclusive villas, including sky villas, ocean villas and a penthouse.
Etihad Airways became the first airline on Thursday (April 23) morning to depart from Frankfurt Airport's newly opened Terminal 3, as flight EY 122 took off for Abu Dhabi.
M42, a global health leader powered by AI, technology and genomics, and its world leading renal care business, Diaverum, on Thursday announced the completion of a strategic acquisition of four clinics in the state of São Paulo, Brazil, from the Lund Group.
Aldar has acquired an industrial and logistics portfolio from AD Ports Group subsidiary Khalifa Economic Zones Abu Dhabi – KEZAD Group for AED650 million ($177 million).
Aldar has announced the acquisition of an industrial and logistics portfolio from AD Ports Group unit Khalifa Economic Zones Abu Dhabi (Kezad) for AED650 million ($177 million), thus adding 163,000 sq m of modern, income-generating industrial and logistics space to the leading Abu Dhabi developer's platform.
ADCB, a leading UAE banking group, has delivered record profit before tax of AED3.781 billion ($1.03 billion) in Q1’26, up 30% year on year, extending profit growth track record to 19 consecutive quarters.
Vision Hospitality will launch a 45,000 sq ft multi-concept dining and entertainment destination at Reem Mall, Abu Dhabi, featuring McGettigan’s and a live sports Fan Zone, marking a major regional expansion.
