Taqa, Abu Dhabi National Energy Company, has issued a $750 million Blue Bond to support sustainable water and wastewater management projects, marking the largest Blue Bond ever issued by an integrated power and water utility and the biggest in the Europe, Middle East and Africa (EMEA) region.
Adnoc Drilling posted record second-quarter and first-half 2026 results, with first-half revenue rising 4 per cent to $2.46 billion and net profit increasing 2 per cent to $706 million, supported by strong operational performance and cash generation.
The UAE banks' gross assets improved by 1.1% from AED5,570.1 billion ($1516.71 billion) at the end of April 2026 to AED5,633.1 billion at the end of May 2026, said a UAE Central Bank report.
CB&I’s Asset Solutions business has secured a well engineering services contract with Cosmo E&P Albahriya to support drilling, planning and operational activities for Offshore Block 4 in Abu Dhabi, strengthening its UAE presence.
Dubai Aerospace Enterprise (DAE) reported strong first-half 2026 results, with revenue rising to $865.9 million and profit before tax reaching $229.9 million, reflecting continued growth and a 26.6% pre-tax margin.
DC Aviation Al-Futtaim (DCAF) has secured CAR-145 maintenance approval from San Marino’s Civil Aviation Authority, expanding its maintenance, repair and overhaul (MRO) capabilities at Dubai’s Al Maktoum International Airport and enabling support for T7-registered private and commercial aircraft.
The UAE’s hospitality market experienced a challenging first half of 2026 as regional disruptions impacted international travel demand and airline operations. The hotel occupancy rates across the country plunged 27.7% with Dubai recording the sharpest declines, said a report.
Emirates Park Zoo & Resort has been named Best Destination in the UAE at the Haute Grandeur Global Awards, recognising its blend of wildlife, adventure, hospitality and family-friendly experiences.
NMDC Energy, an Abu Dhabi-based engineering, procurement, and construction (EPC) services company, reported a strong first half of 2026, with revenue rising 16 per cent year on year to AED9.5 billion ($2.6 billion), driven by diversified growth across its UAE operations and international EPC projects.
flydubai, the Dubai-based carrier, will resume direct flights between Dubai International (DXB) and Budapest Ferenc Liszt International Airport (BUD) from July 31, restoring non-stop air links between the UAE and Hungary.
