RAK Ceramics, a leading UAE ceramics brand, has reported a higher second-quarter net profit, which surged by 2.9%, while its revenue hit AED823 million ($224 million) supported by demand in UAE, Saudi Arabia and Bangladesh despite regional disruptions and higher logistics costs.
Adnoc Distribution reported record financial results for the first half of 2026, posting a 59 per cent year-on-year increase in net profit to $568 million, while reported EBITDA rose 39 per cent to $786 million.
UAE-based BNW Developments has announced plans to develop around 10,000 homes across Dubai and Ras Al Khaimah over the next four years as it expands its footprint in the UAE, with Indian investors emerging as a key contributor to its growth strategy.
Bahrain and the UAE have signed a memorandum of understanding (MoU) to strengthen cooperation on the implementation of the "One Stop" pre-clearance project for air travellers, aimed at streamlining border procedures and improving the passenger travel experience.
Qasr Al Watan has been recognised among Trip.com’s Top 100 Global Attractions & Experiences 2026 and Top 100 Attractions & Experiences in Asia 2026, highlighting its status as one of the UAE’s leading cultural and heritage destinations.
Wison Engineering has established its Abu Dhabi subsidiary and opened a new office in the UAE capital, marking a major step in expanding its Middle East operations and strengthening its global oil and gas engineering capabilities.
AES Engineering has strengthened its presence in the Middle East reliability sector by acquiring a controlling stake in Technomax Middle East Engineering and Technomax Industrial Services, based in Abu Dhabi, UAE.
Mohammed Bin Rashid Housing Establishment has signed an agreement with UAE-based Amana Contracting and Steel Buildings, in a move aimed at strengthening co-operation and working together on projects of mutual interest and facilitating the exchange of technical and specialised expertise.
The UAE's real gross domestic product grew by 3 percent in the first quarter of 2026 to reach AED485 billion ($132.06 billion) at constant prices, while non-oil GDP grew by 4.8 percent, raising its contribution to 79.4 percent of the national economy.
EventMania Festival will return for its third consecutive year on September 8, 2026 at the SkyLight Gallery, Arjaan by Rotana Dubai Media City, marking its largest and most ambitious edition to date.
