Abu Dhabi

Finance & Capital Market

Investcorp Capital sells Abu Dhabi-based Reem Hospital

Thu, 07 May 2026

Investcorp Capital today announced that it has reached an agreement to sell Reem Hospital, a leading Abu Dhabi-based multi-specialty and post-acute rehabilitation healthcare provider, to Arada, the UAE-based master developer, in a notable private healthcare investment.

Industry, Logistics & Shipping

ROX to set up Advanced AI Manufacturing Centre for luxury vehicles in KEZAD

Thu, 07 May 2026

ROX, a premium automotive manufacturer specialising in intelligent new energy vehicle, has announced a strategic agreement with Khalifa Economic Zones Abu Dhabi - KEZAD Group to establish the Middle East’s first Advanced AI Manufacturing Centre for luxury vehicles.

Finance & Capital Market

IHC's Q1 profit soars 98.5% to $2.23 billion

Thu, 07 May 2026

IHC, an Abu Dhabi-headquartered global investment company focused on building dynamic value networks, reported a revenue of AED31.4 billion ($8.55 billion) for the first quarter of 2026, up 33.2% year-on-year, and profit after tax of AED8.2 billion ($2.23 billion), an increase of 98.5%.

Construction & Real Estate

Imkan signs up IHC unit to deliver financing across its contractor network

Thu, 07 May 2026

Imkan, a global master developer based in Abu Dhabi, has signed a strategic partnership with Zelo, a UAE-based private financing platform and unit of International Holding Company (IHC), to deliver embedded financing solutions to contractors and suppliers operating within its development ecosystem.

Finance & Capital Market

Alpha Dhabi Holding reports $5.12bn revenue for first quarter

Tue, 05 May 2026

Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the MENA region, has reported a strong set of financial results for the first financial quarter of 2026.

Finance & Capital Market

Leading alternative investment firm Man Group plans Abu Dhabi presence

Tue, 05 May 2026

ADGM, the international financial centre of Abu Dhabi, on Tuesday announced that Man Group, a London-listed alternative investment firm with approximately $228.7 billion in total assets under management, is proceeding with its commitment to establish a presence in Abu Dhabi and has submitted its application for a Category 3A licence.

Industry, Logistics & Shipping

EDGE’s $25bn contract pipeline signals strong export demand

Tue, 05 May 2026

EDGE Group, an UAE-based defence company, has announced that its contracts under execution exceed $25 billion, underscoring the strong international demand for its products and solutions. About 50% of those contracts are allocated to exports and are scheduled over multi-year timelines.

Construction & Real Estate

ACC undertakes delivery of 500 Ramhan Island luxury villas

Mon, 04 May 2026

Arabian Construction Company (ACC) has announced that work is underway on 500 luxury villas being developed by Eagle Hills as part of the landmark Ramhan Island development, situated off the coast of Abu Dhabi. Spanning over 4 million sq m, Ramhan Island is designed as a premier waterfront destination.

Energy, Oil & Gas

Mubadala, Tubacex launch TBX Nexxia energy platform in Abu Dhabi

Mon, 04 May 2026

Mubadala and Tubacex have launched their Abu Dhabi joint venture, activating the region’s first Oil Country Tubular Goods (OCTG) manufacturing platform and TBX Nexxia brand, delivering advanced corrosion-resistant alloy solutions through an end-to-end industrial system.

Industry, Logistics & Shipping

Adnoc to boost growth, delivery of its strategy with $55bn project awards

Mon, 04 May 2026

Adnoc has confirmed it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028. The planned project awards reinforce delivery of Adnoc’s five-year capital expenditure (Capex) plan approved by its Board of Directors last year.