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THIS MORNING: Another Adnoc vessel passes through Hormuz + Adnoc wants to hit the gas on unconventional gas project
PLUS: Adnoc Drilling targets a 50-50 revenue split from manufacturing and drilling
TII sells cryptographic tech to Opaque
The sale sees TII acquire a stake in Opaque
UAE defense sector investment drive gains momentum with plans for new funding platform
A new defense-focused investment platform is being explored in Abu Dhabi
Adnoc Drilling locks in Oman stake takeover, another Emirati player doubles down on London real estate, Judan pushes into digital banking
Adnoc Drilling’s 80% stake in MBPS lifts its fleet to 170 rigs
Abu Dhabi holds AA rating from Fitch as oil exports cushion blow, spending ramps up
Growth is set to dip by around 1% in 2026 amid higher borrowing, but oil revenues are expected to underpin…
More earnings are in from ADIB, DAE, Fertiglobe, Tecom, NBF, Americana
Fertiglobe had a solid quarter on higher urea and ammonia prices as supply tightened
More awarded contracts for Palm Jebel Ali, Kuwait Petroleum International eyes further expansion in the UAE, and Adia deploys more capital
Dubai’s Nakheel awarded AED 3.5 bn in contracts for villa construction in Palm Jebel Ali
Big UAE banks keep growing even as impairments make noise
Emirates NBD’s earnings climbed 3% as FAB’s slipped 2%, though both lenders still saw operating income and loan books expand
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