Uae

Travel, Tourism & Hospitality

Euroairlines expands market reach with Aeroprime Group partnership

Sun, 02 Aug 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.

Finance & Capital Market Industry, Logistics & Shipping

UAE says trade and financial transactions with Iran halted

Wed, 19 Aug 2026

The UAE has said that all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice in light of regional escalations that undermine regional and international peace and security.

Construction & Real Estate

UAE's PropTech sector to hit $1.6bn by 2032, says report

Wed, 19 Aug 2026

UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report.

IT & Telecommunications

UAE firms’ AI spending up, but execution gaps emerge: study

Tue, 18 Aug 2026

There is a major disconnect between organisations’ Artificial Intelligence (AI) spending and execution in the UAE, says a new study that highlights massive increase in spending.

Travel, Tourism & Hospitality

Air Arabia reports 51pc drop in first-half profit amid regional conflict

Thu, 13 Aug 2026

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.

Construction & Real Estate Industry, Logistics & Shipping

ALEC H1 revenue jumps 68pc to $2.4bn on project execution

Thu, 13 Aug 2026

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.

Construction & Real Estate Industry, Logistics & Shipping

Emirates Global Aluminium net profit surges 34pc to $670m in H1

Wed, 12 Aug 2026

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.

Travel, Tourism & Hospitality

Etihad to connect Abu Dhabi, Gothenburg from December

Wed, 12 Aug 2026

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.

Travel, Tourism & Hospitality

UAE hospitality sector poised for sustained growth despite headwinds: report

Tue, 11 Aug 2026

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.

Energy, Oil & Gas Industry, Logistics & Shipping

Adnoc L&S revenue jumps 98pc to $2.58bn in record Q2, guidance raised

Tue, 11 Aug 2026

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.