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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

WEF-supported TTI to fuel UAE growth spurt

  • The UAE signed an MoU with the World Economic Forum during the annual meeting at Davos to support its Trade Tech Initiative.
  • It is aimed at accelerating the digitization of international supply chains, enhance customs procedures and spur trade growth.

Dubai, UAE–The UAE signed a memorandum of understanding with the World Economic Forum during its annual meeting in Davos, Switzerland, to support the UAE’s new Trade Tech Initiative, which is aimed at accelerating the digitization of international supply chains, enhance customs procedures and spur trade growth. TRENDS takes a look at this initiative: