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DEWA Net Profit Surges 90% in Q1 2026

Dubai: Dubai Electricity and Water Authority PJSC (DEWA) reported record consolidated financial results for the first quarter of 2026, posting revenue of AED6.45 billion, EBITDA of AED2.88 billion, operating profit of AED1.29 billion, and net profit o…

Abu Dhabi Infrastructure Summit 2026 Kicks Off at ADNEC

Abu dhabi: The second edition of the Abu Dhabi Infrastructure Summit (ADIS 2026) commenced on Tuesday at the ADNEC Centre in Abu Dhabi. The summit gathers decision-makers, developers, investors, financiers, and innovators to deliberate on the future o…

Abu Dhabi Islamic Bank Engages in Global Money Week 2026

Abu dhabi: Abu Dhabi Islamic Bank (ADIB) is participating in Global Money Week 2026 through a series of educational initiatives delivered under its MoneySmart financial education programme. Global Money Week, taking place from 11th till 15th May, aims…

ADNOC Gas Reports Resilient Q1 Net Income of $1.1 Billion

Abu dhabi: ADNOC Gas plc and its subsidiaries have reported a net income of $1.1 billion for Q1 2026, highlighting strong operational performance and robust financial health. The Company successfully fulfilled domestic customer requirements while effi…

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