Wison Engineering has established its Abu Dhabi subsidiary and opened a new office in the UAE capital, marking a major step in expanding its Middle East operations and strengthening its global oil and gas engineering capabilities.
AES Engineering has strengthened its presence in the Middle East reliability sector by acquiring a controlling stake in Technomax Middle East Engineering and Technomax Industrial Services, based in Abu Dhabi, UAE.
Mohammed Bin Rashid Housing Establishment has signed an agreement with UAE-based Amana Contracting and Steel Buildings, in a move aimed at strengthening co-operation and working together on projects of mutual interest and facilitating the exchange of technical and specialised expertise.
The UAE's real gross domestic product grew by 3 percent in the first quarter of 2026 to reach AED485 billion ($132.06 billion) at constant prices, while non-oil GDP grew by 4.8 percent, raising its contribution to 79.4 percent of the national economy.
EventMania Festival will return for its third consecutive year on September 8, 2026 at the SkyLight Gallery, Arjaan by Rotana Dubai Media City, marking its largest and most ambitious edition to date.
Borouge, an Abu Dhabi–based petrochemicals company, reported a 23 per cent quarter-on-quarter increase in net profit to $191 million in the second quarter of 2026, up from $156 million in the first quarter, supported by sales volumes of 0.9 million tonnes and stronger product pricing.
Abu Dhabi National Oil Company (Adnoc) has announced changes to the Official Selling Price (OSP) methodology for its Abu Dhabi crude grades following a routine commercial review. The new pricing mechanism will take effect on November 1, 2026.
Euroairlines has appointed Aeroprime Group as its exclusive Cargo General Sales Agent (GSA) for India and Passenger GSA for the UAE, strengthening its presence in key aviation markets.
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.
