CONSTRUCTION SEES 10% GROWTH

Abu Dhabi real estate 9-month transactions soar to $25.6bn

Fri, 14 Nov 2025

Abu Dhabi’s real estate market recorded a total trading volume of AED94 billion ($25.6 billion) across 29,400 transactions during the first nine months of 2025, marking a 43.3% increase in value and a 48% surge in transaction volume compared with the same period last year.

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REVENUE RISES TO $5.9bn

Etihad 9-month profit soars to record $463 million

Fri, 14 Nov 2025

Etihad Airways has continued its record-setting performance, achieving its strongest nine-month results in history and sustaining growth across all core business areas.

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DOUBLE-DIGIT CARGO GROWTH

AD Ports group reports record Q3 net profit of $162m

Fri, 14 Nov 2025

AD Ports Group, a global enabler of integrated trade, transport, industry, and logistics solutions, has reported record total net profit in Q3 2025 of AED596 million ($162.29 million), a robust 34% YoY growth - the highest since its 2022 public listing.

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INSIGHT

Dubai South, now an attractive residential destination

Thu, 13 Nov 2025

Once defined by its airport and Expo 2020 legacy, Dubai South is rapidly becoming one of Dubai’s most attractive residential destinations for end-users and investors.

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INSIGHT

AI data centre rush raises construction supply chain concerns

Tue, 11 Nov 2025

Data centre developers worldwide are rapidly shifting their focus to the construction of facilities capable of supporting artificial intelligence (AI) workloads – but sector experts are warning that the complex requirements of these new data centres may be outpacing supply chain preparedness.

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Top This Week

Jacobs JV with AECOM to deliver design services for Riyadh’s The Mukaab

Thu, 13 Nov 2025

Jacobs, in joint venture with AECOM, has been appointed by New Murabba Development Company to provide design services for the landmark The Mukaab — the iconic centerpiece of Riyadh’s New Murabba development.

Phillips Middle East launches Manufacturing Tech Center of Excellence in UAE

Thu, 13 Nov 2025

Phillips Middle East, one of the largest suppliers of state-of-the-art manufacturing equipment, has announced the launch of its first Manufacturing Tech Center of Excellence in the Middle East in Dubai, Silicon Oasis.

TAQA reports 9-month profit of $1.66bn

Thu, 13 Nov 2025

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today reported group revenues of AED42.7 billion ($11.63 billion) for the nine-month period ending September 30, 2025.

IHC announces leadership team for 2PointZero after mega merger

Thu, 13 Nov 2025

IHC, a global investment company focused on building dynamic value networks, has announced the proposed leadership team for 2PointZero Group, the newly formed investment holding company created through the merger of 2PointZero, Multiply Group, and Ghitha Holding.

EIF to set up premium shooting sports complex in Qiddiya City

Wed, 12 Nov 2025

Events Investment Fund, the newly-launched unit of Saudi National Development Fund (NDF), has announced plans to set up the Riyadh Shooting Range & Entertainment Complex at an investment of over SAR491 million ($131 million) within Qiddiya City.

Bank ABC posts 9-month net profit of $204m

Wed, 12 Nov 2025

Bank ABC (Arab Banking Corporation) continued its resilient performance in the first 9 months of the year and posted a net profit was $204 million, a reduction of 5% Y-o-Y on a headline basis, but flat on a constant FX basis after adjusting for FX depreciation of BRL and EGP against USD.

Air Arabia posts record Q3 net profit of $178.6m, up 16%

Wed, 12 Nov 2025

Air Arabia, the Middle East and North Africa's first and largest budget carrier operator, has announced record financial and operational results for the third quarter and first nine months of 2025.

Abu Dhabi launches autonomous vehicles testing, operations system

Wed, 12 Nov 2025

Abu Dhabi’s Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport, has launched the Autonomous Vehicles Integrated Testing, Operations, and Management System (AViTOMS) at DRIFTx 2025.

EMSTEEL 9M revenue up 10% to $1.77bn; net profit $77m

Wed, 12 Nov 2025

EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, today reported revenues of AED6.5 billion ($1.77 billion) for the first nine months of 2025, marking a 10% increase compared to the same period last year.

Dubai property market holds steady, sales value climbs 4.2% in October

Fri, 14 Nov 2025

Dubai’s property market continued to demonstrate resilience in October 2025, with rising sales values and steady leasing activity reflecting sustained buyer and tenant confidence, according to betterhomes research.

Egypt inks 55 deals in major push for its offshoring industry

Fri, 14 Nov 2025

The Egyptian Information Technology Industry Development Agency (ITIDA) has announced the signing of 55 strategic agreements with leading multinational and local technology companies in offshoring and IT-enabled services, including Accenture, Deloitte, RSA and Capgemini.

Ascott launches Disability Inclusion Playbook for accommodation sector

Fri, 14 Nov 2025

The Ascott Limited, the wholly owned lodging business unit of CapitaLand Investment (CLI), has launched the Disability Inclusion Playbook for the Accommodation Sector.

Lockheed Martin launches CommandIQ ahead of Dubai Airshow

Fri, 14 Nov 2025

Lockheed Martin has announced the launch of CommandIQ, its next-generation Battle Management Command and Control (BMC2) solution.

Dubai South, now an attractive residential destination

Thu, 13 Nov 2025

Once defined by its airport and Expo 2020 legacy, Dubai South is rapidly becoming one of Dubai’s most attractive residential destinations for end-users and investors.

Midad, Kerzner in JV to bring iconic hospitality brands to Jeddah

Thu, 13 Nov 2025

Midad Real Estate Company has announced a landmark joint venture with Jeddah Central Development Company (JCDC), a PIF entity, and global hospitality leader Kerzner International, to introduce the first-ever Atlantis and One&Only destinations in Saudi Arabia.

Diabetes could cost Eastern Mediterranean region $1.5trn

Fri, 14 Nov 2025

Diabetes poses a significant economic threat to the Eastern Mediterranean (EMRO) region and could cost $1.5 Trillion by 2050, a new study indicates.

Alba boosts local talent development with new appointment

Tue, 28 Oct 2025

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has appointed Ahmed Mazen Matar as its new Manager Training. In this pivotal role, Matar will oversee the design and implementation of training programmes across Alba’s operations.

600 global brands to join major paper and gifting events in Dubai

Mon, 10 Nov 2025

More than 650 global brands and 15,000 visitors will connect this week at the region’s leading trade platform for paper, stationery, gifting and lifestyle products.

GFH reports 9-month profit of $101.27m

Fri, 14 Nov 2025

GFH Financial Group (GFH) has reported a net profit attributable to shareholders of $34.03 million for the third quarter of the year, compared to $27.2 million in the third quarter of 2024.

Presight Q3 revenue up 15.3%; firm accelerates global expansion

Thu, 13 Nov 2025

Presight AI Holding, a leading Abu Dhabi-based global big data analytics company powered by AI, has reported another period of strong performance for the third quarter driven by robust international growth and sustained operational momentum.

Abu Dhabi launches autonomous vehicles testing, operations system

Wed, 12 Nov 2025

Abu Dhabi’s Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport, has launched the Autonomous Vehicles Integrated Testing, Operations, and Management System (AViTOMS) at DRIFTx 2025.

UNDP inks collaboration deal for Sustainability Forum Middle East

Mon, 27 Oct 2025

The United Nations Development Programme (UNDP) and FinMark Communications have signed an agreement to boost collaboration for the upcoming edition of Sustainability Forum Middle East to be held in the Kingdom of Bahrain in January.

Dubai launches strategic plan for sports sector

Fri, 14 Nov 2025

Dubai Sports Council (DSC) has launched the Dubai Sports Sector Strategic Plan 2033, which sets out a comprehensive vision for the future of Dubai’s sports sector.

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