Home Articles posted by Miguel Hadchity (Page 4)
Banking UAE

First Abu Dhabi Bank H1 2026 net profit rises 1% to $2.9bn

Photo Credit: WAM Dubai, UAE — July 2026 — First Abu Dhabi Bank reported a 1 percent year-on-year increase in net profit for the first half of 2026, reaching AED 10.73 billion ($2.9 billion), while tangible return on equity remained above the group’s medium-term guidance at 18.5 percent. The group’s operating income grew 7 percent year-on-year to AED 19.50 […]
News UAE

Emirates completes retrofit of 100 aircraft in record-breaking cabin upgrade programme

Photo Credit: WAM Dubai, UAE — July 2026 — Emirates has reached a landmark milestone in its fleet-wide retrofit programme, completing comprehensive cabin overhauls on 100 aircraft, a feat the airline says represents the largest known retrofit undertaking by any carrier in the world. Since work began in November 2022, engineers at the Emirates Engineering Centre in […]
Energy UAE

SEWA advances lighting projects across central region

Photo Credit: WAM Dubai, UAE – July 2026 – The Sharjah Electricity, Water and Gas Authority is continuing efforts to implement and develop street lighting projects across all areas and residential communities in the Central Region. According to the Emirates News Agency, this comes following a defined plan and timeline as part of the vision […]
News UAE

Sharjah Finance Department marks 15 years of strategic partnership with Mashreq Bank’s NeoPay

Photo Credit: WAM Dubai, UAE — July 2026 —  The Central Finance Department in Sharjah has hailed its long-running strategic partnership with Mashreq Bank’s digital payments platform NeoPay as a model for successful cooperation between the government and banking sectors, as the two sides celebrated more than 15 years of collaboration. Director of the Central […]
News UAE

ADNOC launches integrated global LNG trading platform

Photo Credit: WAM Dubai, UAE — July 2026 — Abu Dhabi National Oil Company announced the launch of an international platform for marketing and trading liquefied natural gas, based in Abu Dhabi Global Market. According to the Emirates News Agency, the platform brings together the marketing operations of ADNOC Gas and XRG with the trading […]
News UAE

Egypt’s petroleum minister meets Dana Gas CEO, pledges support for expanded production

Photo Credit: WAM Dubai, UAE — July 2026 — Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has reaffirmed his country’s commitment to strengthening cooperation with UAE energy companies and providing a stable, attractive investment climate to support their expansion in Egypt, with the aim of boosting oil and gas output and advancing shared […]