Browsing: Business

Abu Dhabi, July 29, 2026: The UAE Jiu-Jitsu National Team, sponsored by Mubadala Investment Company, will field 114 athletes at the 2026 Jiu-Jitsu World Championship and the 2026 Jiu-Jitsu World Cup U14 which Abu Dhabi will host at Mubadala Arena from August 1 to 9, as the team bids to win a historic seventh consecutive world title. The UAE squad includes 21 athletes in the Under-14 category, 28 in Under-16, 23 in Under-18, 20 in Under-21 and 22 in the Adults category. The strong representation reflects the success of the UAE Jiu-Jitsu and Mixed Martial Arts Federation’s long-term strategy to build a strong athlete development pathwa

Abu Dhabi, United Arab Emirates, 30 July 2026: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the second cohort of UAE National engineers has successfully completed an EGA Technical Leadership programme in Switzerland. Conducted in collaboration with R&D Carbon, a leading Swiss consultancy specialising in carbon technology and process improvement for the aluminium industry, the programme provides participants the opportunity to design and implement innovative solutions to advance EGA;s Carbon & Port operations. Applying their technical knowledge to tackle rea

Dubai, United Arab Emirates – July 30, 2026: Danube Properties is set to hand over 11 projects in one year, marking one of the company;s largest delivery milestones and reinforcing its commitment to delivering projects on time and often before time in Dubai;s thriving real estate market. The upcoming handovers include Elitz 1 & 3 by Danube in Jumeirah Village Circle, Sportz by Danube in Dubai Sports City, Viewz 1 & 2 by Danube in Jumeirah Lakes Towers, Oceanz 1, 2 & 3 by Danube in Dubai Maritime City, Fashionz by Danube in Jumeirah Village Triangle, and Oasiz 1 & 2 by Danube in Dubai Silicon Oasis. Commenting on the milestone, Rizwa

Consolidated revenue for the first half increased to AED 38.1 billion, achieving 11.6% growth YoY The Group;s consolidated net profit reached AED 6.0 billion, growing by 2.4% YoY (excluding the gain from the sale of Khazna and the Maroc Telecom settlement in H1 2025) EBITDA reached AED 17.7 billion, an increase of 13.1% compared to the same period last year, with a profit margin of 46.5% Interim DPS of 47.5 fils, an increase of 10.5% compared to the same period last year Strategic portfolio reset to sharpen the focus on strengthening core businesses with the sale of stake in Vodafone at a premium to the market price, and the partia

Abu Dhabi, UAE: 30 July 2026 – Emirates College for Advanced Education (ECAE) has launched its summer camp, dedicated this year to Students of Determination under the theme Family, Inclusion, and Artificial Intelligence. To run from 27 to 30 July 2026 at the college;s campus in Abu Dhabi, the camp will offer learners practical and interactive experiences that foster creativity and innovation, strengthen self-confidence, and encourage active participation and lifelong learning. The camp aims to prepare Students of Determination for a future shaped by digital technologies and artificial intelligence by introducing them to emerging technologi

Agreements with Fastjet, Air Peace and Africa World Airlines will carry Etihad;s guests onward across the continent when its six new African routes launch from November 2026 Abu Dhabi, UAE – Etihad Airways has signed three African partnership agreements in July: an interline agreement with Fastjet in Zimbabwe earlier this month, followed by agreements with Air Peace in Nigeria and Africa World Airlines in Ghana. Together with the six African destinations Etihad announced in April, the agreements mean guests will connect across the continent from the day the new routes begin. The interline agreement with Air Peace, Nigeria;s largest airl

Tadej Pogačar dominated the Tour de France to claim the Yellow Jersey as Isaac Del Toro finishes third with the Maillot Blanc 6 stage wins for the Emirati team across 3-weeks of famous racing News | Team -27th July 2026 As the curtain falls on cycling;s greatest race, UAE Team Emirates-XRG stand tall once again. A fifth Tour de France title in seven years. Six stage wins. And a performance that reaffirmed their place at the summit of the sport. The 2026 edition began with a historic start on Catalonian soil for the very first time, but by Stage 2, the spotlight was already on one team. On the rolling hills of S

Abu Dhabi, 27 July 2026: Al Masaood Automobiles, the authorised distributor for Nissan in Abu Dhabi, Al Ain and the Al Dhafra Region, has achieved its highest-ever result in Nissan;s Fiscal Year 2025 Dealership Standards & Processes (NDSP) assessment, recording an overall score of 96.8% across its Sales and Service network. NDSP is Nissan;s independent global assessment of dealership operations and customer experience, evaluating management, facilities, people, training and business processes against the brand;s global standards. Al Masaood Automobiles; overall score increased from 89.8% in the 2023 assessment to a record 96.8% in the F

The Board of Noatum CSM has announced the appointment of Xanthos Kyriacou as Chief Executive Officer of Noatum CSM, the Dubai-based joint venture between AD Ports Group and Columbia Group. Noatum CSM combines Columbia Group global ship management expertise with AD Ports Group regional strength and maritime infrastructure, supporting shipowners and operators across the Middle East and beyond. Capt. Ammar at AD Ports Group said: ‘Noatum CSM has been instrumental in strengthening the ship management offering available to owners and operators across the Middle East. Xanthos brings strong regional experience, deep operational knowledge and a

Q2 2026 adjusted EBITDA more than doubled Y-o-Y to $371 million, while adjusted attributable net profit increased ~12.5x to $145 million, extending the growth momentum delivered in Q1 2026. Continued record high utilization rates in Egypt and Algeria during Q2 2026, supported by the Manufacturing Improvement Plan (MIP), led to overall urea utilization rates of 92% across the platform in H1 2026 despite challenges faced in the UAE. Robust operating performance helped partially offset UAE export shipment constraints, with own-produced sales volumes down 3% Y-o-Y. Fertiglobe leveraged its diversified global footprint, trading platform,