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Earnings are in from Empower, Rak Ceramics, Etihad Energy, Sobha, Aramex, Space42, and Abu Dhabi Aviation
The effects of the regional war are continuing to show through on income statements
GFH makes USD 130 mn US exit, MGX + BlackRock finalize USD 40 bn takeover, Empower expands Dubai network, another Jaywan development
GFH is looking to expand its assets under management to USD 7.5 bn by year-end
DP World + Russia’s Rosatom form JV, a gaming supplier eyes the UAE, Empower secures a contract from Meraas, ePointZero acquires US energy firm for USD 2.3 bn, EGF backs CarniStore
The new JV taps into Russian-linked container flows and Northern Sea routes
Dewa lifts Empower stake to 80%
The transaction is worth AED 5.2 bn
More earnings flood in
Dewa | Salik | Emsteel | Burjeel | Empower | Commercial Bank of Dubai |
Emirates, Emaar, Space42, Agthia, ADNH Catering, and Empower report earnings
Emirates’ 1H 2025 net income rose 13% y-o-y on strong travel demand
Emirates’ first carbon capture plant kicks off operations
Plus: Aldar Estates launches AI-enabled automated parking with Parkonic
Dubai Science Park is getting a district cooling plant
The plant will start construction by late 1Q next year.
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