Abu Dhabi

UAE’s Alpha Dhabi Holding reports $1.82 billion net profit, $7.97 billion revenue in H1 2024

Net profit from operations also surged to $1.38 billion, marking a 92 percent year-on-year increase

MENA sees 321 M&A deals worth $49.2 billion in H1 2024, UAE and Saudi Arabia lead

The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume

UAE faces 11.7 percent rise in malware detections as email attacks surge 293 percent globally: Report

Cybersecurity experts stressed the need for improved vigilance and protective measures against growing threats

Abu Dhabi’s Borouge reports $308 million Q2 net profit, 33 percent YoY increase

Higher sales and cost efficiencies drove the company's highest-ever production volumes

UAE-Chile CEPA set to take effect in six months, promises $73 million national economic boost by 2031: Al Zeyoudi

The agreement aims to liberate trade between both countries, empower women in commerce

Abu Dhabi airports welcome 13.9 million passengers in first half of 2024

Zayed International Airport alone facilitated 13,726,550 passengers, a 33.8 percent increase compared to the same period in 2023

Abu Dhabi’s Alef Education posts $67.79 million in adjusted profit before tax in H1 2024

This translates to an adjusted profit before tax margin of 70 percent, up by 4 percentage points from H1 2023

UAE’s new AI Charter prioritizing safety, privacy, and societal trust in AI advancements

The launch reflects the UAE's vision to establish itself as a global AI hub

ADNOC’s offshore SARB field begins AI-enabled operations, raises capacity by 25 percent

Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027

UAE, Chile CEPA to boost non-oil bilateral trade to $750 million by 2030

Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates