India and the UAE have signed seven agreements spanning energy, defence, infrastructure and shipping during Prime Minister Narendra Modi’s brief visit to UAE, the first stop of his five‑nation tour. Giving fresh impetus to the Comprehensive Strategic Partnership, the UAE has announced $5 billion investments in India.
The UAE-India partnership creates a huge opportunity for investors and business community of both the countries as bilateral trade will double from $100 billion to $200 billion in just seven years, said experts at a key summit in Dubai. The Indian economy is set to exceed $30 trillion by 2047 – when the country turns 100.
UAE-based National Central Cooling Company (Tabreed) has reported solid results for the first-quarter with a revenue of AED486 million ($132.3 million) and a net profit of AED78 million ($21.2 million) for the three-month period. Its operational performance and cash generation remained resilient for Q1.
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.
