Abu Dhabi-based Investcorp Capital has reported a sharp decline in its annual profit for the fiscal year ended June 30, 2026 which fell to $44 million from $81 million last year as higher financing costs and timing of private market exits weighed on earnings.
Kuwait's leading low-cost carrier Jazeera Airways has announced that it is strengthening the UAE operations with additional flights to capital Abu Dhabi and Al Ain starting from August 10. With this move, its total weekly services across the emirates has risen to 29, including three daily flights to Dubai.
Khalifa Economic Zones Abu Dhabi - KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, will host Touchdown Middle East 2026 in Abu Dhabi, marking the first time the region-wide data centre conference will take place in the UAE.
Modon’s Hudayriyat Golf Estates on Hudayriyat Island, Abu Dhabi has achieved record-breaking sales exceeding AED13 billion ($3.54 billion) within days of launch, marking the highest publicly recorded sales value for a single residential project launch in the UAE.
Tadweer Group has announced a major milestone in the development of Abu Dhabi’s first greenfield Material Recovery Facility, awarding a contract to Urbaser, one of the world’s leading environmental solutions companies, to support the delivery of the landmark project.
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the 2026 Public Art Biennial, opening in Al Ain (October 23) and Abu Dhabi (November 15) under the theme “Home,” exploring shared identity and transforming public spaces into art platforms.
Etihad Rail’s passenger service between Abu Dhabi and Fujairah is expected to boost tourism, improve inter-emirate connectivity and drive economic growth. The 105-minute journey will support Fujairah’s tourism sector, with the network projected to serve 10 million passengers annually.
Maritime Hub Abu Dhabi has announced that it has launched a guidebook aimed at helping international maritime companies and entrepreneurs establish and expand their operations in the emirate, highlighting the capital's competitive advantages and business opportunities in the sector.
Abu Dhabi has launched a Cooling Load Manual aimed at improving energy efficiency in buildings by enhancing the accuracy of cooling system design, a move expected to reduce equipment and infrastructure costs, electricity consumption and operating expenses.
CB&I, a global EPC company, said its asset solutions business has secured a well engineering services contract from UAE-based Cosmo E&P Albahriya to support drilling, engineering, planning and operational activities at Offshore Block 4 in Abu Dhabi.
