Business Energy

EMDAD Rebrands as NMDC Emdad Following Acquisition by NMDC Group

News Editor 30/10/2026

EMDAD, a prominent provider of integrated services to the energy, utilities and industrial sectors, has officially changed its name to NMDC Emdad, marking a new phase in its development following its acquisition by NMDC Group through NMDC LTS. The rebranding brings EMDAD’s established

Business

Abu Dhabi Customs Ranks Eighth Among Middle East’s Best Workplaces for 2026

News Editor 28/10/2026

The General Administration of Abu Dhabi Customs has secured eighth place in the large organisations category of the Best Workplaces in the Middle East 2026 rankings, released by Great Place To Work, a global authority on workplace culture. The recognition highlights Abu Dhabi Customs’ commitment to building a positive working environment that prioritises employee

Business Finance

Masdar Raises $600 Million Through World’s Highest-Rated Corporate Blue Bond Issuance

News Editor 27/10/2026

Photo Credit: WAM Abu Dhabi Future Energy Company (Masdar) has successfully raised US$600 million through its inaugural blue bond issuance, marking a major milestone in the company’s sustainable financing strategy. The five-year bond has received an AA- rating from both S&P and Fitch, making it the highest-rated publicly issued corporate blue bond worldwide to

Business Finance

DIP Holding Sets IPO Price Range at AED1.10 to AED1.15 as Subscriptions Open

News Editor 27/10/2026

DIP Holding Plc, a subsidiary of Dubai Investments PJSC, has announced a price range of AED1.10 to AED1.15 per share for its initial public offering (IPO) on the Dubai Financial Market (DFM), with subscriptions opening on Tuesday. The offering values the company at approximately AED9.5 billion ($2.6 billion) to AED10 billion ($2.7 billion), marking a […]

Business

du Reports 10.8% Rise in Nine-Month Net Profit to AED2.4 Billion

News Editor 22/10/2026

Photo Credit: WAM Emirates Integrated Telecommunications Company (du) reported a 10.8% year-on-year increase in net profit to AED2.4 billion for the first nine months of 2026, driven by growing demand for telecommunications, connectivity and digital services across the UAE. The company’s total revenue increased by 6.2% to AED12.3 billion during the January-September

Business

Takasago Opens New Creative Centre in Dubai to Strengthen Middle East Fragrance Innovation

News Editor 21/10/2026

Photo Credit: WAM Takasago International Corporation, a leading global fragrance and flavour company, has inaugurated a new Creative Centre in Dubai, strengthening its regional operations and reinforcing its commitment to the growing Middle East fragrance industry. The new facility is designed to serve as a centre for fragrance development, bringing together creative

Business

Dubai to Host 21st Annual Gulf Insurance Forum with Over 200 Experts from 25 Countries

News Editor 20/10/2026

Dubai is set to host the 21st Annual Gulf Insurance Forum on October 26, 2026, bringing together more than 200 CEOs, insurance professionals, and reinsurance experts from 25 Arab and international countries. The two-day event, held under the theme “Redefining Insurability: Risk, Capital, and Trust in a Systemic World,” will explore emerging challenges and

Business News UAE

Dubai Chambers signs four MoUs with Chinese business chambers

News Editor 16/10/2026

Photo Credit: WAM Dubai Chambers has signed four Memorandums of Understanding with leading chambers of commerce in China as part of efforts to strengthen business cooperation, expand trade and investment ties, and connect companies in Dubai with counterparts across key Chinese cities. The agreements were signed with the Beijing Chamber of International Commerce, the China

Business Finance

Abu Dhabi Securities Exchange Marks World Investor Week With University Partnership

News Editor 07/10/2026

Photo Credit: WAM The Abu Dhabi Securities Exchange (ADX) has marked World Investor Week 2026 with an opening bell-ringing ceremony and the signing of a memorandum of understanding with the University of Europe (UE) for Applied Sciences’ Dubai campus, reinforcing its focus on financial education and investor awareness. As a multi-asset exchange, ADX is supporting […]

Business

UAE Launches ‘Nawat Al Qura’ Accelerator to Support Entrepreneurs in Emirates Villages

News Editor 05/10/2026

Photo Credit: WAM The UAE Ministry of Economy and Tourism and the Emirates Council for Balanced Development have opened registration for “Nawat Al Qura,” a mobile business accelerator designed to support Emirati entrepreneurs and small enterprises in Emirates Villages. The initiative is aimed at helping UAE nationals develop business ideas, test products and services in

Business Finance

UAE Ministry of Finance Lists Second Sovereign Retail T-Sukuk on Nasdaq Dubai

News Editor 02/10/2026

Photo Credit: WAM The UAE Ministry of Finance has announced the official listing and start of secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai, following the completion of subscription, allocation and settlement procedures. The latest issuance builds on the first tranche of the programme and forms part of the Ministry’s efforts

Banking Business

RAKEZ and RAKBANK Launch UAE’s First 60-Minute Business Account Opening Service

News Editor 01/10/2026

Photo Credit: WAM Ras Al Khaimah Economic Zone (RAKEZ) and RAKBANK have introduced a new banking service allowing eligible RAKEZ businesses to open a RAKBANK Business Current Account within 60 minutes, marking a first for the UAE. The service is available to qualifying new and existing companies holding a RAKEZ trade licence and is aimed […]

Business

JINGDONG Property to develop 150,000 sqm advanced logistics facility in KEZAD

News Editor 28/09/2026

Photo Credit: WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group) has signed an agreement with JINGDONG Property, the infrastructure investment and asset management arm of JD.com, Inc., to develop a major logistics facility in KEZAD Area A – Al Ma’mourah. The new development will span approximately 150,000 square metres of warehousing space, with completion expected […]

Business

ZAKH opens solar panel and BIPV manufacturing facility in Ras Al Khaimah

News Editor 14/09/2026

ZAKH Renewable Energy and Engineering Manufacturing has launched a new solar panel and Building Integrated Photovoltaics (BIPV) production facility in Ras Al Khaimah Economic Zone (RAKEZ), strengthening the emirate’s position as a growing hub for renewable energy manufacturing. Located on a 30,000-square-metre site in Al Ghail Industrial Zone, the facility will produce

Business

BRICS Business Forum in New Delhi Focuses on Trade, Supply Chains and Digital Economy

News Editor 11/09/2026

Photo Credit : WAM The BRICS Business Forum has opened in New Delhi, bringing together senior government officials, business leaders, financial institutions, startups and representatives from BRICS member and partner countries to explore new opportunities for economic cooperation. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, is taking part in the forum as part

Business Real Estate

Dubai Holding Awards Landmark AED5 Billion Construction Contract for New HQ and Jumeirah Residences

News Editor 09/09/2026

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, has witnessed the signing of a landmark AED5 billion construction contract between Dubai Holding and China State Construction Engineering Corporation Middle East (CSCEC ME). The agreement covers the development of Dubai Holding’s new headquarters and Jumeirah Residences Emirates Towers, marking the largest

Business

Alpha Dhabi Doubles MICAD Credit JV Commitment to US$1 Billion

News Editor 31/08/2026

Photo Credit : WAM Alpha Dhabi Holding PJSC has doubled its capital commitment to the MICAD Credit joint venture managed by Mubadala Capital, increasing its investment to US$1 billion as it expands its exposure to the global private credit market. Under the revised partnership agreement, the ADX-listed investment group will also raise its ownership stake […]

Business Lebanon UAE

RAK Chamber explores trade and investment opportunities at UAE-Lebanon Business Forum

News Editor 28/08/2026

Photo Credit : WAM The Ras Al Khaimah Chamber of Commerce and Industry explored opportunities to strengthen trade and investment ties between the UAE and Lebanon during its participation in the UAE-Lebanon Business Forum as part of the UAE’s official delegation. On the sidelines of the forum, Mohamed Mosbbeh Al Nuaimi, Chairman of Ras Al […]

Business UAE

Sharjah Chamber, South Korean embassy discuss preparations for Seoul business mission

Miguel Hadchity 20/08/2026

Photo Credit: WAM Dubai, UAE — August 2026 — The Sharjah Chamber of Commerce and Industry has held talks with the Embassy of the Republic of Korea to finalize preparations for a business delegation to Seoul, scheduled to run from August 23 to 30. The mission will be led by Haleima Hameed Al Owais, a […]

Business

UAE Launches Training Initiative to Strengthen Government Asset Management

News Editor 19/08/2026

The UAE Ministry of Finance has launched a new training initiative designed to improve asset management practices across federal government entities and develop specialised national expertise. The ministry signed a strategic partnership with the Asset Management Academy and Turner & Townsend International Ltd. to deliver Institute of Asset Management (IAM) training