Dubai, UAE – March 23, 2025: Hotpack, the UAE-based leader in sustainable packaging solutions, hosted its annual ‘CEO Excellence Awards 2026’ recently in Dubai, in recognition of the outstanding contribution of individual employees, teams and projects across the operations of the company. The ‘CEO Excellence Awards’ has been instituted to identify talents, and team works that performed leadership, innovation, and operational excellence contributing to Hotpack’s overall growth and success. The event brought together employees from all divisions, celebrating their achievements and fostering a culture of recognition and excellence. The awards were presented by Mr. Abdul Jebbar PB, Founder, Group CEO & Managing Director of Hotpack, alongside Mr. Zainudeen PB, Co-Founder, Group COO & ......read more
In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024 More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio's robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy Abu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance in FY2025, reflecting continued customer adoption and the expansion of its digital banking platform across the UAE. In its third full year of operations, the bank recorded AED 1.24 ......read more
Share buyback programme of up to 5% of the Company’s issued share capital over a period of up to two years from the date of shareholder approval Reinforces commitment to enhancing shareholder value as part of the Company’s capital allocation framework and confidence in talabat’s growth outlook Shareholders will also vote to approve the final proposed 2025 dividends of USD 219 million (3.450 fils per share) at the AGM scheduled on 13 April 2026, bringing total 2025 dividends to USD 421 million (6.638 fils per share) Board mandates the appointment of a liquidity provider to enhance trading liquidity Dubai, UAE, 16 March 2026: Talabat Holding plc (“talabat” or the “Company”), the leading on-demand online ordering and delivery platform in the MENA region, announces that its Board of ......read more
Key Highlights: Reported 10% increase in EBITDA, reaching AED 5.1 billion, the first time the company has exceeded AED 5 billion, and a 6% increase in revenue to AED 35.9 billion. Increased net profit by 41% to AED 3.6 billion including valuation gains. Achieved net profit growth of 48% reaching AED 2.3 billion excluding valuation gains. Generated AED 3.5 billion in free cash flow; net debt reduced by 15% to AED 11.9 billion with net debt-to-equity improving to 32%. Expanded its loyalty ecosystem with SHARE surpassing 10 million members while driving higher engagement through two new co-branded credit cards. Grew its UAE revenue by 11% exceeding AED 22 billion. Delivered 6% increase in revenue from its shopping malls and hotels business to AED 4.8 billion as footfall and tenant performance continued to ......read more
Dubai, UAE, 16 March 2026 – Al Mal Capital REIT (“AMCREIT”), the first REIT listed on DFM, regulated by the UAE’s Capital Market Authority, and managed by Al Mal Capital PSC (“Al Mal Capital”), a subsidiary of Dubai Investments PJSC, announced today that the REIT will distribute a final dividend of 3.75 fils per unit for the second half of the financial year ended 31 December 2025, amounting to a total distribution of AED 26,295,540 million (as against AED 19,270,871 for six months ended 30 June 2025). The distribution, in line with AMCREIT’s Investment Policy and CMA regulations, is declared on the enhanced capital base of AED 701,214,386 following the successful Follow-On Public Offering completed in 2025 and reflects an annualized return of 7.5% to unitholders. The expected payment date for ......read more
TAQA shareholders approve updated dividend policy for 2026-2028 Abu Dhabi, UAE – 13 March 2026 – Abu Dhabi National Energy Company PJSC (“TAQA” or the “Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today announced that its shareholders have confirmed the composition of its new Board of Directors following the Company’s Annual General Assembly. Shareholders also approved the Board of Directors’ recommendation for a final cash dividend of 2.20 fils per share for the fourth quarter of 2025, comprising a fixed dividend of 1.5 fils per share and a variable dividend of 0.70 fils per share. This brings the total dividend for the financial year ended 31 December 2025 to 4.45 fils per share, equivalent to ......read more
Third publication demonstrates continued progress in embedding ESG principles across the company's rapidly scaling agro-food operations Dubai, United Arab Emirates, 12 March 2026: Invictus Investment Company PLC (ADX: INVICTUS), a leading holding company specialised in agro-food commodities across the Middle East and Africa, today announced the publication of its third Environmental, Social and Governance (ESG) report for the 12 months ended December 31, 2025. Prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards, ADX ESG Disclosure Guidance and the UN Sustainable Development Goals, the report reflects the continued steps being taken to grow responsibly and embed sustainability across the business, including within newly acquired entities. The company's progress is ......read more
Share buyback programme of up to 5% of the Company’s issued share capital over a period of up to two years from the date of shareholder approval Reinforces commitment to enhancing shareholder value as part of the Company’s capital allocation framework and confidence in talabat’s growth outlook Shareholders will also vote to approve the final proposed 2025 dividends of USD 219 million (3.450 fils per share) at the AGM scheduled on 13 April 2026, bringing total 2025 dividends to USD 421 million (6.638 fils per share) Board mandates the appointment of a liquidity provider to enhance trading liquidity Dubai, UAE, 12 March 2026: Talabat Holding plc (“talabat” or the “Company”), the leading on-demand online ordering and delivery platform in the MENA region, today announces that its Board ......read more
Collaboration marks Tradeling's entry into new product category, bringing Schneider Electric’s Lauritz Knudsen (LK) and Industrial Automation solutions to B2B buyers through innovative hybrid route-to-market Dubai, UAE, March 12, 2026 - Schneider Electric, a global energy technology leader, today announced that it is collaborating with Tradeling, the MENA region’s largest B2B digital ecosystem, backed by the Dubai Integrated Economic Zones Authority (DIEZA). The two parties inked an agreement formalizing synergies at Schneider Electric’s Dubai office, The NEST, marking a new chapter in digital B2B commerce for the electrical and industrial automation sectors. Tradeling is now authorized to distribute a comprehensive portfolio of Lauritz Knudsen (LK)-branded electrical products alongside ......read more
Emrill, a leading integrated facilities management provider in the UAE, has been recognised with five awards at the Wasl Annual FM Rewards and Recognition Event, held in February 2026. The annual event, hosted by Wasl, one of Dubai’s largest real estate management and development companies, celebrates outstanding performance, service excellence and operational achievement across its facilities management partners and service providers. At the event, Emrill was named Best Facilities Management Service Provider Company of the Year, recognising its overall performance throughout 2025 across Wasl’s diverse portfolio of residential, commercial and mixed-use assets. The award reflects the organisation’s highest customer satisfaction ratings and strongest Voice of Customer (VOC) results among all service providers. ......read more
Dubai, United Arab Emirates; 2 March 2026: Orient Insurance, a subsidiary of Al-Futtaim, announced that its Board of Directors approved the distribution of cash dividends during its meeting on 2 March 2026. The approved dividend amounts to 100% of the company’s share capital, with a total value of AED 500 million (equivalent to AED 100 per share) for the financial year 2025. Orient Insurance delivered strong financial results for the year ended 31 December 2025, reporting a record net profit of AED 836 million, representing a 14% increase compared to AED 731 million in 2024. The company also recorded significant growth in gross written premiums, which rose by 19% to approximately AED 11 billion in 2025, compared to AED 9 billion in 2024. ...read more
Expands Global Footprint to Connect with Global Investors Dubai, February 28, 2026: ICICI Prudential Asset Management Company Limited (ICICI Prudential AMC), one of India’s largest asset management company, today inaugurated its branch in Dubai International Financial Centre (‘DIFC’), marking a significant step in its overseas expansion strategy and reinforcing its commitment to serving institutional and wealth investors across the Gulf Cooperation Council (GCC)and Africa region. The DIFC presence will serve as a strategic hub for ICICI Prudential AMC international business, enabling closer engagement with sovereign institutions, family offices, private banks, wealth platforms and distribution partners across the GCC and Africa region. The office was inaugurated by His Excellency Arif Amiri, Chief ......read more
Abu Dhabi, United Arab Emirates, 27 February 2026: Emirates Global Aluminium, the largest 'premium aluminium' producer in the world, and the largest industrial company in the United Arab Emirates outside the oil and gas sector, today announced the closing of a $5 billion multi-tranche debt financing. The transaction supports EGA's strategic initiatives by enhancing liquidity and providing additional financial flexibility to execute long-term plans, while further strengthening the company's balance sheet and debt maturity profile. The financing combined conventional and Shariah-compliant facilities arranged with a group of 21 leading regional and international banks, including term loans and revolving credit facilities with tenors of up to five years. The transaction attracted strong interest from ......read more
Exus to acquire 60 percent stake in portfolio of nine wind farms located in northern and central Portugal Masdar is repowering the portfolio, which will increase total operational capacity to 164MW, with plans to codevelop 110MW of additional solar capacity Agreement will support both companies' expansion plans, while accelerating Portugal's energy transformation 27th February 2026, Lisbon, Portugal – Exus Renewables, a leading global energy solutions provider, has signed an agreement with Abu Dhabi Future Energy Company PJC – Masdar, a global clean energy leader, to acquire a 60 percent stake in a portfolio of nine wind farms in Portugal. Masdar will retain a 40 percent stake in the portfolio. The operational capacity of the portfolio, located in Guarda and Castelo Branco, is ......read more
If you’ve spent any time around forex traders lately, you’ve probably heard the term "funded account" more times than you can count. It sounds simple on the surface: trade with a prop firm’s capital and keep a share of the profits. But once you look more closely, the journey from signing up to seeing your first payout is where most traders either gain confidence or walk away disappointed. This article breaks that journey down in plain language. No hype, just how a funded forex account actually works today, especially through an instant funding model like the ones used by Forex Funds Flow. What a Funded Forex Account Really Is A funded forex account is not a demo account with fancy branding, and it’s not free money either. It’s a structured trading account where a firm provides capital, ......read more
Dubai, UAE (February 25, 2026) – In an era where the hospitality industry is being called upon to lead by example, HMH continues to strengthen its commitment to sustainable growth by embedding environmental responsibility, people-first values, and collaborative partnerships at the core of its operations. HMH’s approach to sustainability is neither symbolic nor episodic. It is a rigorously structured commitment that spans corporate governance, operational execution, and long-term strategic planning. Central to this framework is the group’s adherence to internationally recognized standards, including ISO 14001 for environmental management, ISO 9001 for quality management, and ISO 22000 for food safety management systems. Collectively, these certifications underscore HMH’s commitment to environmental ......read more
·Summit to convene Global AI, Technology Leaders, Government Officials for Insightful Thought Leadership Sessions; to Recognize Dedicated Partners and Stakeholders ·Event Runs from April 28-29 Under the Theme "Advancing Energy Tech to Power Intelligence" and is expected to welcome 2000+ business leaders and market innovators from across the region Abu Dhabi, UAE, February 26, 2026 – Schneider Electric, a global energy technology leader, today announced that the second edition of the Innovation Summit Middle East & Africa will be held in Abu Dhabi from April 28–29, 2026. The summit will bring together global energy and technology leaders as well as government officials to advance the regional shift towards energy intelligence, as data center growth, AI adoption, and national visions place ......read more
Sharjah 25, February 25, 2026: His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Board of Directors of Invest Bank, witnessed on Monday evening the launch of the new corporate identity and the announcement of Invest Bank's financial results at the House of Wisdom. In his speech at the ceremony, His Highness highlighted three milestones that showcase the bank’s transformation. The first is the return to profitability, achieved via immaculate operational execution, a clear vision, and calculated strategic choices. The bank achieved profitability after seven years of losses, with a net profit of AED 161 million, a net operating income of AED 435 million, an annual growth rate of 105%, and an increase in total assets to AED 14.2 billion. His Highness revealed that net ......read more
On its 30th anniversary, Zoho Corporation exceeds 150 million users worldwide and records five years CAGR 41% revenue growth in MENA Dubai, UAE— 25 February, 2026: Zoho Corporation, a leading global technology company, marked its 30th anniversary by announcing two major milestones: the company now supports more than one million paying customers and over 150 million users worldwide. The company — consisting of Zoho, ManageEngine, Qntrl, and TrainerCentral brands— is now a trusted technology provider to more than one million paying customers and over 150 million users globally. In 2025, Zoho Corporation recorded a 32% year-on-year increase in customers and a 20% rise in revenue. Zoho also revealed that the Middle East and North Africa is the company’s second fastest-growing markets globally, which ......read more
Strong underlying financial performance supported by favourable aluminium prices. Underlying EBITDA up 7 per cent to AED 9.28 billion ($2.53 billion). Record metal sales of 2.83 million tonnes, with 81 per cent as value-added 'premium aluminium', including record low-carbon primary and recycled aluminium sales up 70 per cent to 196 thousand tonnes. Strategic growth advanced with plans for a new US smelter and a significant expansion of global aluminium recycling capacity. Signed a landmark initiative with TAQA, DUBAL Holding and EWEC to decarbonise aluminium production and accelerate the development of renewable and clean energy. Strong underlying cash generation enabled a dividend payout of AED 3.7 billion ($1 billion) to shareholders, representing a payout ratio of 75 per ......read more
Consolidated net profit reached AED 14.4 billion, growing 34 per cent Year-over-Year e&’s subscriber base increased to 244.7 million across Asia, Africa, Middle East, Central and Eastern Europe Full year dividend per share of 90 fils that will increase to 95 fils in 2026 Hatem Dowidar the Group CEO will step down at the end of March after 6 years in the role Masood M. Sharif Mahmood will take over on April 1st as the Group CEO, in addition to his current role as CEO of e& UAE. Abu Dhabi, 24 February 2026: e& has delivered record financial performance in 2025, reporting consolidated revenues of AED 72.9 billion, an increase of 23.1 per cent year-over-year (YoY). Consolidated net profits grew to AED 14.4 billion, growing 33.6 per cent, driven by progress across its business verticals. ......read more
• Double-digit growth in Saudi Arabia and the UAE, driven by customer demand for Territory, Taurus, and Everest. • Investments in parts, operations, and customer experience support continued momentum in 2026 Dubai, UAE, February 24, 2026 – Ford Middle East and North Africa closed 2025 with its best sales performance in a decade, delivering 10% year-on-year (YoY) growth and achieving double-digit growth for three consecutive years. The results reflect demand across key markets, supported by Ford's focus on the vehicles customers want and the ownership experience they expect. "2025 was a strong year for Ford Middle East and North Africa, driven by our product momentum and the commitment of our distributor partners," said Ravi Ravichandran, President of Ford Middle East and North Africa. "We ......read more
Dubai, UAE – 23 February, 2026 – Ducab, a leading UAE-based end-to-end energy solutions provider and manufacturer of high-quality cables and wires, has marked a significant milestone with the successful completion of the Middle East's first Extended Pre-qualification (EPQ) testing in collaboration with Brugg Cables, a leading suppliers of speciallized high-voltage accessories. Ducab's EPQ and system type test for an Extra-High Voltage (EHV) 400kv cable system at 105°C emergency temperature is a regional first, underlining its technical excellence and reinforcing its competitiveness on the international stage. Representing a major leap in technical collaboration, Ducab achieved the testing milestone in coordination with Brugg Cables, a leading Swiss manufacturer and technology provider in the ......read more
Abu Dhabi, 19 February 2026: Mubadala Energy, the Abu Dhabi headquartered international energy company, announces that it has completed the acquisition from Eni of a 15 percent participating interest in the Nargis Offshore Area ("Nargis") concession, an offshore exploration block in Egypt. In the concession, Eni now holds a 30 percent of the Contractor interest through its subsidiary, IEOC. The concession is operated by Chevron, with a 45 percent Contractor interest, with the remaining 10 percent interest owned by Tharwa Petroleum Company. The concession is in participation with the Egyptian Natural Gas Holding Company (EGAS): Contractor group 50%, EGAS 50%. Mansoor Mohammed Al Hamed, Managing Director & CEO of Mubadala Energy, said: "This acquisition of a 15 percent interest in the Nargis Concession further ......read more
Dubai, United Arab Emirates, 18 February 2026: Ras Al Khaimah Economic Zone (RAKEZ) and National Bank of Fujairah PJSC (NBF) have recently renewed their strategic partnership through the signing of a Memorandum of Understanding, aimed at further enabling RAKEZ-registered businesses to access a full suite of integrated banking solutions designed to support SMEs and corporates at different stages of growth. Building on a long-standing collaboration, the renewed partnership reinforces NBF's role as one of RAKEZ's preferred banking partners and reflects both entities' shared commitment to simplifying the business journey and enhancing access to essential financial services in Ras Al Khaimah and across the UAE. The MoU was signed by NBF CEO Adnan Anwar and RAKEZ Group CEO Ramy Jallad at Compass Coworking Centre. Under ......read more
Dubai, United Arab Emirates; 13 February 2026: Orient Insurance, the leading UAE insurance provider and a subsidiary of Al-Futtaim, today has announced its preliminary financial results for the year ending 31 December 2025. The company demonstrated remarkable growth and operational excellence, underscoring its strategic focus and resilience in a dynamic market environment. Key Financial Highlights for FY 2025: • Gross Written Premium: AED 10.78 billion, a 19.3% increase from AED 9.04 billion in 2024 • Insurance Revenue: AED 9.23 billion, up 21.4% from AED 7.60 billion in 2024 • Net Profit After Tax: AED 836 million, a 14.4% rise from AED 731 million in 2024 • Total Equity: AED 6.16 billion, an 18.3% growth from AED 5.21 billion in 2024 • Total Assets: AED 17.27 billion, an increase of 10.2% from ......read more
Connected capacity increased 19% YoY to 1.57 million Refrigeration Tons Revenue of AED 2.46 billion and EBITDA at AED 1.27 billion, with a margin of 51.6% Abu Dhabi, United Arab Emirates – 13 February 2026: National Central Cooling Company PJSC (DFM: TABREED / ISIN: AEA002201018), the world's leading and most diversified district cooling company, today announced its results for the period ending 31 December 2025, reporting revenues of AED 2.46 billion and net profit of AED 465 million. The results reflect continued operational resilience, record capacity expansion and disciplined capital execution. Total connected capacity increased 19% year-on-year to 1.57 million Refrigeration Tons (RT) as of 31 December 2025, driven by strong organic expansion and acquisitions. Excluding the impact of M&A, ......read more
Reported revenue of AED 5,501 million, up 9.8% YoY for 2025. Full-year EBITDA rose 19.9% to AED 1,089 million, with the EBITDA margin improving to 19.8% from 18.1% in 2024. Q4 2025 delivered particularly strong performance, with net profit surging 159.9% YoY. Abu Dhabi, 10 February 2026: Burjeel Holdings, a leading super-specialty healthcare services provider in the MENA, today announced its unaudited preliminary financial results for the year ended December 31, 2025. Burjeel Holdings delivered robust revenue of AED 5,501 million, up 9.8% YoY, while total patient visits exceeded 7 million, growing 8.4% YoY. Growth was driven by deeper community reach through specialized products and services aligned with local market demand, supported by disciplined execution and the continued ramp-up of newly launched ......read more
2025 revenues increased by an exceptional 8.7% to AED 15.9 billion and net profit jumped by 16.8% Historical annual dividend of 64 fils per share, an 18.5% increase y-o-y Dubai, UAE. 9 February 2026 – Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the fourth quarter and full year ended 31 December 2025, delivering a strong performance driven by a disciplined execution of its strategy and continued operational excellence. We achieved a balanced revenue growth alongside rigorous cost management translating into robust top- and bottom-line results. In 2025, revenues increased by 8.7%, exceeding the company’s guidance range while EBITDA margin reached 46.1%, slightly above the midpoint of the Company’s guidance range, and expanding by 1.9 percentage points with ......read more
Annual Revenue Reaches a Record USD 61.9 Billion, as HS and VS Extend Decade-Long Growth News Summary: LG Electronics achieved its highest-ever annual revenue for the second consecutive year. HS and VS recorded growth for the tenth consecutive year since 2015, despite U.S. tariff-related pressures and a slowdown in the electric vehicle market. Operating profit declined year-on-year, reflecting increased marketing expenditures for display-based products and one-off costs related to organizational optimization. Strategic growth areas – including B2B segments, non-hardware businesses and D2C models – continued to expand, with combined B2B operating profit from VS and ES surpassing USD 693.96 million for the first time. Dubai, Feb. 3, 2026 — LG Electronics Inc. (LG) announced its financial ......read more
Record full-year EBITDA of $1,166 million, up 11.1% YoY Record full-year net profit of $761 million, up 15.4% YoY, driven by growth momentum across all business verticals Fuel volumes increased by 4.5% YoY to 15.7 billion liters in 2025 Non-fuel retail gross profit increased 14.4% YoY, with non-fuel retail transactions up 9.3% YoY Key milestone reached with network expanded to over 1000 service stations, up 13% YoY The company has proposed a dividend of $350 million for the second half of 2025, bringing the total 2025 dividend to $700 million Abu Dhabi, UAE – February 3, 2026: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced its full-year 2025 financial results, delivering its strongest annual performance on record, underpinned by ......read more
TECOM Group FY 2025 revenues increase by 19% year-on-year (YoY), driven by strategic portfolio expansion and robust performance across all business segments EBITDA reached AED 2.2 billion in 2025, representing YoY growth of 20%, with a robust 78% margin, underpinned by the Group's effective operational performance Recurring net profit for 2025 increased 20% YoY to AED 1.5 billion, underpinned by effective cost management and optimised financing, underscoring the success of the Group's strategy in ensuring long-term shareholder value Funds from Operations (FFO) grew 19% to AED 2 billion, led by stronger performance from income-generating assets and improved collections Fair value of Group's Investment Property (IP) Portfolio increases to reach AED 34.5 billion in 2025; a 23% increase compared to 2024 and a ......read more
Dubai, United Arab Emirates, 2 February 2026: The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC) has imposed a fine of USD 455,176 (AED 1,671,633) on reinsurance brokerage Ed Broking (MENA) Limited (the Firm), for a number of contraventions of DFSA legislation, including engaging in misleading and deceptive conduct. The Firm agreed to settle the matter and pay a fine which comprises disgorgement of USD 175,343 (USD 148,039 plus interest of USD 27,304) and a penalty of USD 279,833. The fine was reduced from USD 575,104 (AED 2,112,069) as a result of the settlement. The DFSA determined that the Firm: respectively provided cedent insurers (the Firm’s Clients) – being the original insurers issuing the ......read more
January 29, 2026 Dubai, United Arab Emirates Sukoon Takaful has announced its financial results for the year ended 31 December 2025, delivering a year of exceptional profitable growth and strong financial performance. The company reported record contribution levels and a substantial improvement in profitability, reflecting the success of its postacquisition transformation and its renewed strategic focus on operational excellence. Gross written contributions for the year surged to AED 325.4 million, an 89% year-on-year increase, driven by broad-based growth across all major business segments. Profits before tax rose sharply to AED 41.1 million, representing a 97% year-on-year increase, reflecting the company’s robust financial foundation and improved operational efficiency. The company also closed the financial year with positive ......read more
UAE, Dubai – January 27, 2026 – TCL, a global leader in consumer electronics and the world’s No. 1 Mini LED and ultra-large TV brand, proudly announces Arsenal’s Bukayo Saka as its Brand Ambassador. It marks a significant milestone in strengthening the brand’s global partnership with Arsenal Football Club, where TCL serves as Official Global Consumer Electronics Partner. TCL has recently teamed up with Arsenal and Bukayo Saka with the launch of ‘Inspire Greatness, Together’, a new campaign that celebrates how football brings people together through moments on and off the pitch. It reflects the belief that greatness is not defined only by the game itself, but by the collective emotions, connections, and everyday rituals that unite supporters around the world. TCL’s philosophy as a ......read more
Ras Al Khaimah, United Arab Emirates, January 27, 2026 - The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the full year and the fourth quarter of 2025. 50 years of sustainable growth – all-time high profitability... FY’25 performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 65%, and a 29% YoY growth in non-interest income driven by wealth management, FX and investment income ...driven by product innovation & balance sheet growth The Bank’s balance sheet grew by D 16.7B YoY with Gross Loans & Advances growing by 11.7% YoY to D 56B, deposits growing by 18% and launch of new products like new wealth products, SME payment capabilities, crypto brokerage and corporate escrow services ...with robust credit quality and ......read more
Emrill, one of the UAE’s leading total facilities management providers, has recorded strong performance in 2025, reflected in revenue growth, a high volume of contract wins and a solid rate of contract renewals across its portfolio. During 2025, Emrill secured over 70 new contract wins, further strengthening its market position. The company now manages more than 265 active contracts, reflecting the scale of its operations and its long-term client partnerships, underscoring the consistency of its service delivery to both new and existing clients. This performance has resulted in a 9 per cent increase in revenue in 2025, with the company exceeding its annual targets and reinforcing Emrill’s disciplined approach to growth and its focus on operational performance, governance and delivery at scale. Contract renewals and new ......read more
Abu Dhabi, United Arab Emirates, 26 January 2026: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the giant melting furnace at the company's under-construction aluminium recycling plant at Al Taweelah has been charged with scrap metal for the first time, in a major construction milestone. Completion of construction is expected by the end of the first quarter of 2026. EGA's Al Taweelah recycling plant will have a production capacity of 185 thousand tonnes per year, making it the UAE's largest. The new plant will process post-consumer aluminium scrap, and pre-consumer aluminium scrap, which will be blended with primary aluminium into low-carbon, high-quality billets and T Bars. EGA markets aluminium with recycled content under the ......read more
Ras Al Khaimah, United Arab Emirates, January 7th, 2026 – RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin, subject to the completion of regulatory and operational requirements. This marks an important step in RAKBANK’s digital assets journey and reflects the Bank’s commitment to developing regulated, secure and transparent financial solutions aligned with the UAE’s evolving digital economy framework. This development builds on RAKBANK’s growing capabilities in digital asset services. In 2025, the Bank enabled its retail customers to trade crypto through a regulated brokerage partner, providing a compliant and secure pathway for customers to access digital assets. When ......read more
In the financial industry, where the United Arab Emirates (UAE) has rapidly become a global leader in transformation, digital innovation is more evident than anywhere else. The UAE is constructing a future where money moves more quickly, securely, and easily thanks to a strong national focus on technology and smart systems. The UAE’s digital finance revolution The nation is creating one of the most sophisticated financial ecosystems in the world thanks to programs like UAE Vision 2031 and the fintech strategy of the Dubai Financial Services Authority (DFSA). Digital wallets, blockchain adoption, cashless transactions, and AI-powered analytics are no longer sci-fi ideas; they are becoming commonplace in daily financial life. Both locals and foreign investors now have more access to financial opportunities as a result of ......read more
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