Dewa International, the overseas investment arm of Dubai Electricity and Water Authority, is pursuing global growth through new tie-ups with international financial and infrastructure investors. Its senior leadership held a meeting with ING and Actis in London to explore opportunities in power and water projects.
Abu Dhabi's real estate transactions more than doubled in value during the first half to hit AED117 billion ($32 billion) mainly driven by strong growth in property sales and foreign investment, said a report. The total number of property deals for the period surged by 61.7% to 25,714.
Presidio Investors, a key private equity firm, has announced the sale of US-based ElevATE Semiconductor to Nasdaq-listed Diodes Incorporated for $250 million. Based in California, ElevATE is a leading designer of low-power, high-density integrated circuits for the automated test equipment industry.
The number of business licences issued and renewed in the northern emirate of Sharjah rose 2% year-on-year to 38,169 during the first half of 2026. Commercial licences accounted for the lion’s share of the new registrations hitting 2,514, followed by 1,407 professional licences and 276 industrial licences.
IHC, a global investment company focused on building dynamic value networks, continued to execute its strategy of disciplined investment, portfolio expansion and active value creation across its diversified portfolio of businesses in the second quarter of this year.
Abu Dhabi’s construction sector is entering a new phase of growth, driven by advanced delivery models and increased PPP projects, said a new report, highlighting a clear shift away from volume‑driven construction toward more integrated, tech‑enabled and performance‑focused project delivery.
Turner & Townsend, the global programme manager, has reported strong growth across its core sectors and key markets in the Middle East with a 73% jump in its revenue last year. The company also significantly expanded its team, with headcount rising to over 22,000 in more than 60 countries.
The Saudi economy is proving resilient in the face of the war in the Middle East thanks to strong fundamentals and diversified logistical and oil infrastructure, said an International Monetary Fund (IMF) mission statement.
Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.
Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.
