Air Arabia reported a 51% decline in first-half net profit to AED 374 million ($102 million), as the Middle East and North Africa’s largest low-cost carrier faced reduced capacity, airspace closures and record-high fuel prices linked to the ongoing regional conflict.
UAE-based engineering and construction group ALEC Holdings has recorded a 67.6% jump in its H1 revenue which rose to AED8.99 billion ($2.45 billion), helped by higher activity across its major projects, while profitability was hit by disruptions to energy services amid regional geopolitical tensions.
Emirates Global Aluminium (EGA) has announced robust results for the first half, recording a 34% jump in adjusted net profit which rose to AED2.46 billion ($670 million) from AED1.84 billion ($500 million) helped by higher realised aluminium prices and stronger regional premiums.
Etihad Airways has announced a new seasonal service linking Abu Dhabi and Gothenburg, Sweden, beginning December 17, 2026. The route will operate four times weekly through March 21, 2027, providing Gothenburg with its first direct air connection to Asia.
The UAE hospitality sector remains resilient despite 2026 headwinds, supported by Dubai’s AED2.5 billion relief package. Hotel stock reached 159,300 rooms in Dubai and 33,650 in Abu Dhabi in Q2, with further expansion expected, JLL’s latest report said.
Adnoc Logistics and Services (Adnoc L&S) posted record 2026 results, with second-quarter revenue surging 98 per cent to $2.584 billon, EBITDA jumping 176 per cent to $1.106 billon and net profit rising 303 per cent to $951 millon.
ADNOC Gas, a key subsidiary of Abu Dhabi National Oil Company, has delivered solid results for the second quarter with a net income of $665 million, above the guidance range of $400-600 million, thus reflecting strong operational performance in a challenging operating environment.
dnata Travel has relaunched its Secret Stays campaign, offering UAE travellers curated luxury escapes with surprise resorts. The Maldives package includes accommodation, meals, transfers and premium benefits, reflecting strong demand for convenient summer holiday experiences.
The Emirates Group has received the UAE’s highest recognition for corporate sustainability, earning the Platinum Impact Seal Award 2025–2027 from the UAE National CSR Fund, Majra, for the second time.
