Uae

Energy, Oil & Gas

Borouge posts 23pc jump in Q2 profit, maintains dividend outlook

Sun, 02 Aug 2026

Borouge, an Abu Dhabi–based petrochemicals company, reported a 23 per cent quarter-on-quarter increase in net profit to $191 million in the second quarter of 2026, up from $156 million in the first quarter, supported by sales volumes of 0.9 million tonnes and stronger product pricing.

Energy, Oil & Gas

Adnoc updates crude pricing methodology

Sun, 02 Aug 2026

Abu Dhabi National Oil Company (Adnoc) has announced changes to the Official Selling Price (OSP) methodology for its Abu Dhabi crude grades following a routine commercial review. The new pricing mechanism will take effect on November 1, 2026.

Travel, Tourism & Hospitality

Euroairlines expands market reach with Aeroprime Group partnership

Sun, 02 Aug 2026

Euroairlines has appointed Aeroprime Group as its exclusive Cargo General Sales Agent (GSA) for India and Passenger GSA for the UAE, strengthening its presence in key aviation markets.

Travel, Tourism & Hospitality

dnata Travel brings back ‘Secret Stays’ as demand for curated escapes grows

Wed, 08 Jul 2026

dnata Travel has relaunched its Secret Stays campaign, offering UAE travellers curated luxury escapes with surprise resorts. The Maldives package includes accommodation, meals, transfers and premium benefits, reflecting strong demand for convenient summer holiday experiences.

Travel, Tourism & Hospitality

Emirates Group wins UAE’s top sustainability award for second time

Wed, 08 Jul 2026

The Emirates Group has received the UAE’s highest recognition for corporate sustainability, earning the Platinum Impact Seal Award 2025–2027 from the UAE National CSR Fund, Majra, for the second time.

Finance & Capital Market

UAE attracted $48.3bn foreign direct investment in 2025

Wed, 08 Jul 2026

The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.

Energy, Oil & Gas

Fujairah signs deal to purchase Etihad Refinery gasoline production

Tue, 07 Jul 2026

The Government of Fujairah has signed an agreement with Etihad Refinery, a subsidiary of Etihad Energy Holding, to purchase the refinery’s gasoline production, supporting the development of the Emirate’s downstream energy sector.

Energy, Oil & Gas

Ewec opens registration for 20th Clean Energy Certificates auction

Tue, 07 Jul 2026

Emirates Water and Electricity Company (Ewec) has opened registration for its 20th Clean Energy Certificates (CECs) auction, supporting organisations in verifying their renewable and clean energy consumption as part of the UAE’s energy transition.

Energy, Oil & Gas

Kanoo Energy honoured with UAE’s Sheikh Khalifa Excellence Award

Tue, 07 Jul 2026

Kanoo Energy, a division of The Kanoo Group, has won the 22nd Sheikh Khalifa Excellence Award (SKEA), one of the UAE’s highest honours for business excellence and private-sector impact.

Energy, Oil & Gas

UAE’s Global South Utilities signs energy MoU with Guyana

Tue, 07 Jul 2026

UAE-based Global South Utilities (GSU) has signed an MoU with Guyana Power and Light to explore energy infrastructure projects, including power generation, grid modernisation and renewable energy integration to support Guyana’s sustainable development.