INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Borouge 4 expansion on track

The early works phase of Borouge 4 is already underway.
  • Upon completion, the project will boost the total annual production capacity of polyolefins produced in the UAE to 6.4 million tons.
  • It will also supply feedstock for the TA'ZIZ Industrial Chemicals Zone.

The early works phase of the Borouge  4 expansion in Ruwais is already underway and the Engineering, Procurement and Construction (EPC) contractors are set to start construction this month, said Borouge, which is manager of the project on behalf of the owners, ADNOC and Borealis.

Upon completion, the Borouge 4 project will add an additional 1.4 million tons of polyethylene and boost the total annual production capacity of polyolefins produced in the UAE to 6.4 million tons.

The new Borouge 4 facility covers an area equivalent to almost 500 football pitches. Borouge 4 will utilize Borealis’ proprietary Borstar technology, to produce high-quality polyolefin solutions meeting growing customer demand across a range of industrial sectors, including infrastructure, energy, advanced packaging and agriculture throughout the Middle East, Africa and Asia Pacific.

Borouge said the facility will create opportunities for UAE-based manufacturers to “Make It in the Emirates”. It will also supply feedstock for the TA’ZIZ Industrial Chemicals Zone.

“Borouge 4 is an enabler of ADNOC’s growth strategy and the UAE and Abu Dhabi’s industrial growth and diversification plans. We are proud to already be contributing to the ‘Make It In The Emirates’ programme, with more than 25% of the total materials and equipment of the complex being ‘Made in the UAE’. We have safely completed 1.5 million man-hours to date, and with our UAE contractor, Al Asab, we look forward to successfully completing the early works phase,” said Sultan Zaid Al Shehhi, Borouge 4 Project Director.