Dubai district cooling demand lifts earnings
AI and technology investments boost earnings.
CLI is Brazilian agri-bulk terminal operator.Acquisition gives AD Ports access to Brazil's major grain and sugar export corridors through terminals at Santos and Itaqui.
CLI handled 17 million tonnes of cargo in 2025, generating AED 654 million revenue and AED 360 million EBITDA.
Dubai, UAE -- Dubai's Roads and Transport Authority (RTA) generated AED5.3 billion ($1.44 billion) in revenue through digital channels in...Digital channel adoption reached 96%, while customer happiness averaged 98% across services offered by the authority.
Smart application users exceeded 1.2 million, with annual visits rising 144% compared with 2024 levels.
A consortium will develop two districts in the Holy City.The consortium includes Masar, Makkah Construction and Development, and AlRajhi United Real Estate as project partners.
Development covers 1.15 million square meters through a private real estate investment fund structure.
Revenue passenger kilometers (RPK), the industry's measure of demand, declined 3.4% year-on-year, while available seat kilometers (ASK), a measure of...Excluding the Middle East, passenger demand would have risen 1.2%, the International Air Transport Association (IATA) has said.
April jet fuel costs more than doubled, prompting airlines to rebalance capacity amid changing travel patterns worldwide.
SpaceX’s planned initial public offering at a valuation of at least $1.8 trillion is emerging as a major test of...SpaceX reportedly seeks raising $75 billion after generating nearly $19 billion revenue last year from Starlink expansion globally.
deVere Group warns institutional investors may redirect capital from Magnificent Seven stocks toward emerging AI and space companies.
Visa launched its global Agentic Ready program in the United Arab Emirates on Wednesday, expanding efforts to support artificial intelligence-driven...UAE financial institutions including Emirates NBD, Mashreq and ADCB joined the first phase of the AI commerce program.
Visa research found nearly 60% of UAE businesses are exploring agentic commerce applications and AI-driven transaction models.
- The UAE real estate market entered a more measured and mature phase in the first quarter of 2026 after the...
Abu Dhabi recorded about 7,800 residential deals in Q1, up 119% year-on-year amid sustained investor demand.
Dubai apartment deliveries exceeded 10,000 units monthly as developers maintained large residential construction pipelines.
The $5.1 billion engineering complex targets advanced aircraft maintenance capabilities, sustainability benchmarks, and expanded aviation infrastructure. The facility is being...Emirates said the Dubai South complex will include simultaneous servicing capacity for 28 wide-body aircraft and two specialized paint hangars.
The facility targets LEED Platinum sustainability standards with rooftop solar installations, expanded logistics infrastructure and engineering training facilities nationwide.
The partnership will raise a combination of equity and debt capital to target an investment portfolio that aims to generate...Partnership will target diversified infrastructure assets across energy, transportation, logistics, digital networks, water systems and waste management sectors.
Investors said accelerating urbanisation and digitisation trends are strengthening long-term infrastructure demand across GCC and Central Asian markets.
A new Dataiku study shows UAE CEOs increasingly view AI performance, governance and accountability as defining measures of leadership success.UAE CEOs increasingly fear failed AI strategies could trigger leadership exits, investor pressure and lasting reputational consequences by 2026.
Boards and investors are intensifying demands for measurable AI outcomes while organizations remain cautious over governance and operational risks.
