Adnoc Logistics & Services (Adnoc L&S) reported Q1 2026 net profit rose 20 per cent year-on-year to $222 million, while revenue fell 10 per cent to $1.083 billion due to the scheduled completion of the Al Omairah Island mega project.
Dana Gas reported Q1 2026 net profit of AED270 million ($74 million), up 72% year-on-year, driven by a one-off Kurdistan gas adjustment, while revenue rose to AED531 million amid higher production and gas sales in Egypt and Iraq.
Qatar Airways continues to restore its network across the Middle East, with the resumption of double-daily passenger flights to Abu Dhabi, the capital of the UAE.
Alfa Laval, an expert in heat transfer, separation, and fluid handling technologies, reaffirms its long-term commitment to the Middle East during a two-day visit by Alfa Laval President and CEO Tom Erixon to the UAE.
AWR Trading, part of AW Rostamani Group (AWR Group), has signed an exclusive distribution agreement with Blaupunkt, the German provider of AC and DC electric vehicle charging solutions, to support the expansion of EV charging infrastructure across the UAE.
Adnoc Distribution, a mobility and convenience retailer in the UAE, reported strong financial and operational performance in the first quarter ended March 31, 2026, with record Q1 EBITDA at $307 million (+11.7 per cent year-on-year; YoY) and net profit at $210 million (+20.7 per cent YoY).
ADNOC Gas reported $1.1 billion net income in Q1 2026, demonstrating strong operational and financial performance despite regional uncertainty, energy-sector disruption, and maritime challenges affecting movements through the Strait of Hormuz.
Adnoc Drilling is prepared to support an increase in the UAE’s oil production capacity beyond the planned 5 million barrels per day by 2027, pending approval from the government, the company’s Chief Financial Officer told Reuters.
RAK Ceramics, one of the world’s leading ceramics brands, delivered a resilient first-quarter performance in 2026, supported by robust demand across the UAE and Bangladesh.
Sohar Titanium project in Oman has reached 90 per cent completion, marking its transition into the final development phase, said DUBAL Holding, the Dubai Government’s investment arm in commodities and industrial sectors.
