Browsing: Growth

New Abu Dhabi Chamber report shows strong growth, deeper private‑sector capability, and rising global competitiveness Abu Dhabi, UAE – 1 July 2026: The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has released a new report showing that the emirate;s construction sector is entering a new phase of growth — one that is increasingly driven by higher‑value systems, advanced delivery models, and stronger private‑sector participation. Titled Abu Dhabi;s Construction Sector, the report highlights a clear shift away from volume‑driven construction toward more integrated, technology‑enabled, and performa

Nearly 500 flights a day reflect the strong growth in daily flight movements More than 93,000 passengers a day on average, surpassing 2025 levels Over 100 destinations served from Zayed International Airport with additional routes planned Abu Dhabi, UAE, 02 July 2026: Abu Dhabi Airports has recorded strong traffic growth at Zayed International Airport (AUH), with average daily passenger and flight volumes surpassing levels recorded during the same period in 2025. The figures reflect AUH’s continued role in facilitating travel across regional and international markets, supported by sustained travel demand and the con

UAE: Umm Al Quwain Free Trade Zone (UAQ FTZ) has introduced its new Company Continuation Programme, designed to provide businesses with a more flexible and cost-effective pathway for growth. The initiative allows existing companies to relocate their operations to UAQ FTZ without losing their business history, brand identity, contractual commitments, or corporate legacy. It is open to foreign companies, UAE mainland firms, and businesses currently operating in other free zones. A key advantage of the programme is that companies can transition to a new operating environment without the need to re-register or establish a new legal entity,

Dubai-based sustainability startup The Waste Lab is expanding its operations across the Emirates, capitalizing on a new federal climate law that transforms food waste management from a corporate choice into a legal requirement. The company, which turns food waste into compost, is seeing a surge in demand as businesses race to comply with new regulations. […] The post UAE’s The Waste Lab Scales Up as New Climate Law Makes Food Waste a Corporate Liability first appeared on MENA Startup Digest.

Consolidated net profit reached AED 2.9 billion, with 3.9%* per cent YoY growth *excluding the gain from the sale of Khazna in Q1 2025 EBITDA reached AED 8.6 billion, with 16.5 per cent YoY growth Consolidated Group subscribers reached 248.0 million e& UAE subscribers increased to 16.6 million Abu Dhabi, 28 April 2026 – e& reported a strong start to 2026, with robust Q1 financial results, asserting the Group;s leadership in shaping the digital landscape and consolidating its position as a leading global group. The Group;s consolidated revenue reached AED 19.4 billion, reflecting 15.1 per cent year-on-year (YoY) growth, whil

Q1 2026 revenues rose 32% Y-o-Y to $915 million (+13% Q-o-Q), adjusted EBITDA grew 31% Y-o-Y to $342 million (+15% Q-o-Q) and adjusted attributable net profit almost doubled to $145 million (+98% Y-o-Y, +36% Q-o-Q). Robust Q1 2026 results reflect the resilience of Fertiglobe;s globally diversified platform and its ability to capture value in tight market conditions. Urea operating rates across the platform reached 96% in Q1 2026, demonstrating tangible results from the Manufacturing Improvement Plan (MIP) with inventory built to ensure continued customer supply in coming months. Egyptian operations continued to achieve record-breaki

Abu Dhabi, United Arab Emirates, 27th April 2026: Emirates Driving Company, listed on the Abu Dhabi Securities Exchange under the ticker symbol (DRIVE), today announced strong financial results for the first quarter of 2026, reflecting revenue growth, improved profitability, and a strong financial position compared to the same period in 2025. The company;s total revenues increased to AED 189 Mn in Q1 2026, compared to AED 167 Mn in Q1 2025, representing a growth of 13% percent, supported by sustained demand for driver training services and the ongoing expansion of its integrated mobility offerings within a favorable smart mobility market t

Company Sets New First-Quarter Revenue Record, With Operating Profit Far Exceeding Market Expectations Dubai, April 14, 2026 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2026, reporting a consolidated revenue of USD 15.8 billion and operating profit of USD 1.11 billion. Revenue reached the highest first-quarter level in the company;s history. Despite continued macroeconomic uncertainty, the company;s core businesses, including home appliances, maintained growth based on strong product competitiveness and solid market positions. Expansion in B2B businesses, including vehicl

Dubai, UAE, March 31, 2026: du, the leading telecom and digital services provider, held its Annual General Assembly Meeting at its headquarters in Dubai Hills Business Park 2, Dubai. At the meeting, shareholders approved the financial statements for the year ended 31 December 2025 and endorsed the Board of Directors; recommendation to distribute a cash dividend of AED 1.8 billion for the second half of 2025. This brings the total cash dividends for 2025 to AED 2.9 billion. With a dividend of AED 40 fils per share for the second half of the year, du’s total cash dividend for 2025 reaches AED 64 fils per share, marking a new benchmark in

Shareholders approve second-half cash dividend of 6.5 fils per share, bringing total annual dividend to 13.0 fils per share Shareholders also approve re-election of existing Board of Directors Chairman celebrates a transformative year of exceptional portfolio growth Abu Dhabi, United Arab Emirates – 26 March 2026: National Central Cooling Company PJSC (DFM: TABREED / ISIN: AEA002201018), the world;s leading and most diversified district cooling company, yesterday held its Annual General Assembly (AGA). In recognition of the company;s resilient financial and operational performance throughout 2025, shareholders approved a second-ha