Turkish construction company Kalyon Inşaat has announced that its consortium has begun work on the Abu Dhabi section of the UAE's first high-speed railway network, a part of Etihad Rail's $13 billion plan to develop a passenger railway network spanning 900km across the emirates.
The UAE joined the trade ministers from the BRICS group as they met in India to discuss ways to strengthen the multilateral trading system, improving trade resilience and market connectivity, as well as supporting SMEs amid growing challenges to global commerce owing to Strait of Hormuz shutdown.
Employees in the UAE’s federal government and private sector will observe the Prophet’s Birthday holiday on Friday, August 28, creating the prospect of a three-day break for those who have Saturday and Sunday as their regular weekend.
The UAE Ministry of Finance has extended the period during which Small Business Relief may be claimed to tax periods ending on or before 31st December 2029.
Petrofac has announced that Al Mazrui International has completed its investment in Petrofac HoldCo Limited, the holding company of Petrofac Emirates, becoming a strategic investor alongside the company’s existing shareholder group.
RAK Ceramics, a leading UAE ceramics brand, has reported a higher second-quarter net profit, which surged by 2.9%, while its revenue hit AED823 million ($224 million) supported by demand in UAE, Saudi Arabia and Bangladesh despite regional disruptions and higher logistics costs.
Adnoc Distribution reported record financial results for the first half of 2026, posting a 59 per cent year-on-year increase in net profit to $568 million, while reported EBITDA rose 39 per cent to $786 million.
UAE-based BNW Developments has announced plans to develop around 10,000 homes across Dubai and Ras Al Khaimah over the next four years as it expands its footprint in the UAE, with Indian investors emerging as a key contributor to its growth strategy.
Bahrain and the UAE have signed a memorandum of understanding (MoU) to strengthen cooperation on the implementation of the "One Stop" pre-clearance project for air travellers, aimed at streamlining border procedures and improving the passenger travel experience.
Qasr Al Watan has been recognised among Trip.com’s Top 100 Global Attractions & Experiences 2026 and Top 100 Attractions & Experiences in Asia 2026, highlighting its status as one of the UAE’s leading cultural and heritage destinations.
