Modon Holding, a leading Abu Dhabi-based developer, has reported a 40% jump in its first-half revenue which soared to AED9.2 billion ($2.5 billion), while its net profit surged to hit AED2.2 billion ($598 million), mainly driven by higher real estate sales and revenue recognition from its development portfolio.
Metal Park, a plug-and-play ecosystem for the metal sector based in Kezad, Abu Dhabi, has announced that China Energy Engineering Corporation (Energy China) has become its latest occupant, with the company setting up the project office to support the delivery of Taweelah C Independent Power Project.
Leading Abu Dhabi developer Aldar has reported solid results for the first half with a 18% jump in its net profit to hit AED4.9 billion ($1.3 billion), driven by continued momentum in its development business and the growth of its regional and international operations.
The UAE's office market remained undersupplied during the second quarter of 2026, driving double-digit rental growth in both Dubai and Abu Dhabi despite a challenging macroeconomic backdrop and ongoing regional disruptions, according to real estate expert CBRE.
Reem Mall, a $1.3 billion lifestyle destination in Abu Dhabi, has officially appointed TGP International to lead the food and beverage strategy for an innovative new dining destination. The project aims to create a dedicated F&B hub featuring a mix of regional concepts and global brands.
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, delivered a strong performance in the first half of 2026.
ADCB, a leading UAE bank, has reported record H1’26 profit before tax of AED7.607 billion ($2.07 billion), up 28% YoY, amid a resilient operating environment in the country.
Abu Dhabi-based AI investment firm MGX and a consortium including the Artificial Intelligence Infrastructure Partnership (AIP) and BlackRock's Global Infrastructure Partners (GIP) have completed the acquisition of US data centre operator Aligned Data Centres in a deal valued at about $40 billion.
Aldar has launched its landmark AED100 billion ($27.2 billion) waterfront development - Marsa Al Saadiyat - on a 6.4-million-sq-m area in Abu Dhabi featuring private mansions, luxury villas, waterfront apartments and branded residences set along an 8-km coastline with 5.6 km of pristine beaches and other world-class amenities.
The Global Trading Show, to be held on December 15 and 16 at Emirates Palace, Abu Dhabi, will bring together the full spectrum of the trading world, including the most influential 5,000+ market movers together.
