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THIS MORNING: Orascom Construction’s shareholders greenlight ADX move + Opec lifts 2026 oil demand on strong economic growth
Plus: Branded residences come at a 40% premium in Dubai
1H results in from Dubai Residential REIT and Empower
The REIT — which IPOed on the DFM in May — saw its net income rise 10% y-o-y
Meraas hands Naresco AED 450 mn contract for Dubai’s City Walk
Plus: Empower awards contract for new district cooling plant in Dubai
Earnings season has yet to let up
AD Ports | Dubai Investments | Parkin | Empower | Sharjah Cement and Industrial Development | Abu Dhabi National Hotels…
Mashreq launches Mashreq Biz, an SME-focused online banking platform
PLUS: Drake and Scull secures AED 1 bn Arabian Hills contracts
Dragon Oil taps Schlumberger for Egypt production optimization partnership
Plus: Mantra Finance lands Vara license
More earnings roll in…
AD Ports, Empower, Tabreed, and Salik all reported rises in their bottom line
Core42 begins deploying Nvidia tech
ALSO- Aldar-owned London Square launched its first residential projects in the UK
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