TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia

Binding agreement to merge onshore renewable activities in nine countries across Asia Each company will contribute assets of comparable value, totaling 3 GW of operational capacity and 6 GW under advanced development Abu Dhabi-headquartered platform positions partners to capture Asia's growing electricity demand Paris/Abu Dhabi, 2 April 2026 – TotalEnergies, a global integrated multi‑energy company, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their onshore renewable activities in nine countries across Asia. As electricity demand accelerates across Asia, this partnership brings together capital and expertise to deliver renewable energy at the ......read full article

ADNOC distribution shareholders approve final 2025 dividend, bringing total annual payout to $700 million

Shareholders approved a final dividend of $350 million (10.285 fils per share) for H2 2025, to be paid in April 2026, with the full-year 2025 dividend yield of 5.4% ADNOC Distribution will move to quarterly dividends in 2026, with the first quarterly dividend for Q1 2026 expected to follow the H2 2025 payment, subject to Board approval Extension of ADNOC Distribution's dividend policy through 2030 received shareholder approval providing continued visibility for shareholders in line with the Company's policy Since the IPO, the Company has distributed $5.5 billion in dividends and delivered shareholder returns of 112% Abu Dhabi, UAE – April 1, 2026: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE's leading mobility and convenience retailer, today announced shareholder approval of ......read full article

Mubadala Energy Secures Southwest Andaman Exploration Block, Further Strengthening Its Andaman Sea Position

100% operated award consolidates Mubadala Energy's position as the leading explorer and operator in one of Southeast Asia's most emerging prospective deepwater gas basins Abu Dhabi, 26 March 2026 – Mubadala Energy, the Abu Dhabi-headquartered international energy company, today announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia's Gross Split scheme. The block was awarded by Direktorat Jenderal Minyak dan Gas Bumi (DG MIGAS) as part of the Second Bid Round 2025. Mubadala Energy will hold a 100% participating interest and will operate the block. Situated immediately adjacent to Mubadala Energy's existing Andaman acreage, the Southwest Andaman block is a strategic addition to the company's Andaman position alongside its South Andaman, Central ......read full article

Hotpack honors outstanding talent and innovation at ‘CEO Excellence Awards 2026'

Dubai, UAE – March 23, 2025: Hotpack, the UAE-based leader in sustainable packaging solutions, hosted its annual ‘CEO Excellence Awards 2026’ recently in Dubai, in recognition of the outstanding contribution of individual employees, teams and projects across the operations of the company. The ‘CEO Excellence Awards’ has been instituted to identify talents, and team works that performed leadership, innovation, and operational excellence contributing to Hotpack’s overall growth and success. The event brought together employees from all divisions, celebrating their achievements and fostering a culture of recognition and excellence. The awards were presented by Mr. Abdul Jebbar PB, Founder, Group CEO & Managing Director of Hotpack, alongside Mr. Zainudeen PB, Co-Founder, Group COO & ......read full article

Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billion in FY2025

In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024 More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio's robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy Abu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance in FY2025, reflecting continued customer adoption and the expansion of its digital banking platform across the UAE. In its third full year of operations, the bank recorded AED 1.24 ......read full article

Al Mal Capital REIT Announces Final Dividend Distribution of 3.75 Fils per Unit for H2 FY2025

Dubai, UAE, 16 March 2026 – Al Mal Capital REIT (“AMCREIT”), the first REIT listed on DFM, regulated by the UAE’s Capital Market Authority, and managed by Al Mal Capital PSC (“Al Mal Capital”), a subsidiary of Dubai Investments PJSC, announced today that the REIT will distribute a final dividend of 3.75 fils per unit for the second half of the financial year ended 31 December 2025, amounting to a total distribution of AED 26,295,540 million (as against AED 19,270,871 for six months ended 30 June 2025). The distribution, in line with AMCREIT’s Investment Policy and CMA regulations, is declared on the enhanced capital base of AED 701,214,386 following the successful Follow-On Public Offering completed in 2025 and reflects an annualized return of 7.5% to unitholders. The expected payment date for ......read full article

TAQA Shareholders Elect New Board of Directors; Board appoints H.E. Jassem Mohammed Bu Ataba Al Zaabi as Chairman

TAQA shareholders approve updated dividend policy for 2026-2028 Abu Dhabi, UAE – 13 March 2026 – Abu Dhabi National Energy Company PJSC (“TAQA” or the “Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today announced that its shareholders have confirmed the composition of its new Board of Directors following the Company’s Annual General Assembly. Shareholders also approved the Board of Directors’ recommendation for a final cash dividend of 2.20 fils per share for the fourth quarter of 2025, comprising a fixed dividend of 1.5 fils per share and a variable dividend of 0.70 fils per share. This brings the total dividend for the financial year ended 31 December 2025 to 4.45 fils per share, equivalent to ......read full article

EGA delivers strong underlying financial performance and record sales in 2025

Abu Dhabi, United Arab Emirates, 27 February 2026: Emirates Global Aluminium, the largest 'premium aluminium' producer in the world, and the largest industrial company in the United Arab Emirates outside the oil and gas sector, today announced the closing of a $5 billion multi-tranche debt financing. The transaction supports EGA's strategic initiatives by enhancing liquidity and providing additional financial flexibility to execute long-term plans, while further strengthening the company's balance sheet and debt maturity profile. The financing combined conventional and Shariah-compliant facilities arranged with a group of 21 leading regional and international banks, including term loans and revolving credit facilities with tenors of up to five years. The transaction attracted strong interest from ......read full article

Exus Renewables to acquire stake in Masdar's Portuguese wind portfolio

Exus to acquire 60 percent stake in portfolio of nine wind farms located in northern and central Portugal Masdar is repowering the portfolio, which will increase total operational capacity to 164MW, with plans to codevelop 110MW of additional solar capacity Agreement will support both companies' expansion plans, while accelerating Portugal's energy transformation 27th February 2026, Lisbon, Portugal – Exus Renewables, a leading global energy solutions provider, has signed an agreement with Abu Dhabi Future Energy Company PJC – Masdar, a global clean energy leader, to acquire a 60 percent stake in a portfolio of nine wind farms in Portugal. Masdar will retain a 40 percent stake in the portfolio.  The operational capacity of the portfolio, located in Guarda and Castelo Branco, is ......read full article

EGA delivers strong underlying financial performance and record sales in 2025

Strong underlying financial performance supported by favourable aluminium prices. Underlying EBITDA up 7 per cent to AED 9.28 billion ($2.53 billion). Record metal sales of 2.83 million tonnes, with 81 per cent as value-added 'premium aluminium', including record low-carbon primary and recycled aluminium sales up 70 per cent to 196 thousand tonnes. Strategic growth advanced with plans for a new US smelter and a significant expansion of global aluminium recycling capacity. Signed a landmark initiative with TAQA, DUBAL Holding and EWEC to decarbonise aluminium production and accelerate the development of renewable and clean energy. Strong underlying cash generation enabled a dividend payout of AED 3.7 billion ($1 billion) to shareholders, representing a payout ratio of 75 per ......read full article

e& delivers record revenue and net profit in FY 2025 growing consolidated revenue 23% to AED 72.9 billion

Consolidated net profit reached AED 14.4 billion, growing 34 per cent Year-over-Year e&’s subscriber base increased to 244.7 million across Asia, Africa, Middle East, Central and Eastern Europe Full year dividend per share of 90 fils that will increase to 95 fils in 2026 Hatem Dowidar the Group CEO will step down at the end of March after 6 years in the role Masood M. Sharif Mahmood will take over on April 1st as the Group CEO, in addition to his current role as CEO of e& UAE. Abu Dhabi, 24 February 2026: e& has delivered record financial performance in 2025, reporting consolidated revenues of AED 72.9 billion, an increase of 23.1 per cent year-over-year (YoY).   Consolidated net profits grew to AED 14.4 billion, growing 33.6 per cent, driven by progress across its business verticals. ......read full article

Mubadala Energy Completes the Acquisition from Eni of a 15 Percent Interest in Egypt's Nargis Concession

Abu Dhabi, 19 February 2026: Mubadala Energy, the Abu Dhabi headquartered international energy company, announces that it has completed the acquisition from Eni of a 15 percent participating interest in the Nargis Offshore Area ("Nargis") concession, an offshore exploration block in Egypt. In the concession, Eni now holds a 30 percent of the Contractor interest through its subsidiary, IEOC. The concession is operated by Chevron, with a 45 percent Contractor interest, with the remaining 10 percent interest owned by Tharwa Petroleum Company. The concession is in participation with the Egyptian Natural Gas Holding Company (EGAS): Contractor group 50%, EGAS 50%. Mansoor Mohammed Al Hamed, Managing Director & CEO of Mubadala Energy, said: "This acquisition of a 15 percent interest in the Nargis Concession further ......read full article

Tabreed Reports FY 2025 Revenue of AED 2.46 Billion as Capacity Growth and Strategic Execution Drive Platform Resilience

Connected capacity increased 19% YoY to 1.57 million Refrigeration Tons Revenue of AED 2.46 billion and EBITDA at AED 1.27 billion, with a margin of 51.6% Abu Dhabi, United Arab Emirates – 13 February 2026: National Central Cooling Company PJSC (DFM: TABREED / ISIN: AEA002201018), the world's leading and most diversified district cooling company, today announced its results for the period ending 31 December 2025, reporting revenues of AED 2.46 billion and net profit of AED 465 million. The results reflect continued operational resilience, record capacity expansion and disciplined capital execution. Total connected capacity increased 19% year-on-year to 1.57 million Refrigeration Tons (RT) as of 31 December 2025, driven by strong organic expansion and acquisitions. Excluding the impact of M&A, ......read full article

H&h and mubadala partner to launch eden house on Al Maryah Island, Abu Dhabi

Abu Dhabi, UAE, 12, February 2026– H&H, a Dubai-based developer renowned for design excellence and a portfolio of best-in-class developments, today announced a landmark partnership with Mubadala Investment Company "Mubadala", Abu Dhabi based sovereign investor to bring the esteemed Eden House brand to Abu Dhabi. The new development, strategically located on Al Maryah Island within ADGM, the International financial centre of Abu Dhabi, solidifies a shared vision to deliver a new benchmark for sophisticated, high-end residential living while strengthening the UAE's luxury residential ecosystem. This strategic venture marks the expansion of H&H's flagship Eden House brand, extending its philosophy of understated elegance and thoughtful design into the heart of Abu Dhabi's vibrant financial and lifestyle ......read full article

du reports its Q4 and 2025 results, sustaining strong growth and profitability momentum

2025 revenues increased by an exceptional 8.7% to AED 15.9 billion and net profit jumped by 16.8%   Historical annual dividend of 64 fils per share, an 18.5% increase y-o-y Dubai, UAE. 9 February 2026 – Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the fourth quarter and full year ended 31 December 2025, delivering a strong performance driven by a disciplined execution of its strategy and continued operational excellence. We achieved a balanced revenue growth alongside rigorous cost management translating into robust top- and bottom-line results. In 2025, revenues increased by 8.7%, exceeding the company’s guidance range while EBITDA margin reached 46.1%, slightly above the midpoint of the Company’s guidance range, and expanding by 1.9 percentage points with ......read full article

ADNOC Distribution Announces Record Results for 2025

Record full-year EBITDA of $1,166 million, up 11.1% YoY Record full-year net profit of $761 million, up 15.4% YoY, driven by growth momentum across all business verticals Fuel volumes increased by 4.5% YoY to 15.7 billion liters in 2025 Non-fuel retail gross profit increased 14.4% YoY, with non-fuel retail transactions up 9.3% YoY Key milestone reached with network expanded to over 1000 service stations, up 13% YoY The company has proposed a dividend of $350 million for the second half of 2025, bringing the total 2025 dividend to $700 million Abu Dhabi, UAE – February 3, 2026: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today announced its full-year 2025 financial results, delivering its strongest annual performance on record, underpinned by ......read full article

TECOM Group achieves record revenues of AED 2.9 billion in 2025 as recurring net profit increases by 20%, the fourth consecutive year of strong growth and outstanding performance

TECOM Group FY 2025 revenues increase by 19% year-on-year (YoY), driven by strategic portfolio expansion and robust performance across all business segments EBITDA reached AED 2.2 billion in 2025, representing YoY growth of 20%, with a robust 78% margin, underpinned by the Group's effective operational performance Recurring net profit  for 2025 increased 20% YoY to AED 1.5 billion, underpinned by effective cost management and optimised financing, underscoring the success of the Group's strategy in ensuring long-term shareholder value Funds from Operations (FFO) grew 19% to AED 2 billion, led by stronger performance from income-generating assets and improved collections Fair value of Group's Investment Property (IP) Portfolio increases to reach AED 34.5 billion in 2025; a 23% increase compared to 2024 and a ......read full article

TCL deepens Partnership with Arsenal, Announces Bukayo Saka as Brand Ambassador Kicking off the collaboration with the launch of the ‘Inspire Greatness, Together' campaign

UAE, Dubai – January 27, 2026 – TCL, a global leader in consumer electronics and the world’s No. 1 Mini LED and ultra-large TV brand, proudly announces Arsenal’s Bukayo Saka as its Brand Ambassador. It marks a significant milestone in strengthening the brand’s global partnership with Arsenal Football Club, where TCL serves as Official Global Consumer Electronics Partner. TCL has recently teamed up with Arsenal and Bukayo Saka with the launch of ‘Inspire Greatness, Together’, a new campaign that celebrates how football brings people together through moments on and off the pitch. It reflects the belief that greatness is not defined only by the game itself, but by the collective emotions, connections, and everyday rituals that unite supporters around the world. TCL’s philosophy as a ......read full article

Emrill reports 9% revenue growth in 2025, exceeding annual targets

Emrill, one of the UAE’s leading total facilities management providers, has recorded strong performance in 2025, reflected in revenue growth, a high volume of contract wins and a solid rate of contract renewals across its portfolio. During 2025, Emrill secured over 70 new contract wins, further strengthening its market position. The company now manages more than 265 active contracts, reflecting the scale of its operations and its long-term client partnerships, underscoring the consistency of its service delivery to both new and existing clients. This performance has resulted in a 9 per cent increase in revenue in 2025, with the company exceeding its annual targets and reinforcing Emrill’s disciplined approach to growth and its focus on operational performance, governance and delivery at scale. Contract renewals and new ......read full article

Construction milestone at EGA's UAE aluminium recycling plant as melting furnace charged for first time

Abu Dhabi, United Arab Emirates, 26 January 2026: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the giant melting furnace at the company's under-construction aluminium recycling plant at Al Taweelah has been charged with scrap metal for the first time, in a major construction milestone. Completion of construction is expected by the end of the first quarter of 2026. EGA's Al Taweelah recycling plant will have a production capacity of 185 thousand tonnes per year, making it the UAE's largest. The new plant will process post-consumer aluminium scrap, and pre-consumer aluminium scrap, which will be blended with primary aluminium into low-carbon, high-quality billets and T Bars. EGA markets aluminium with recycled content under the ......read full article

NMDC Energy delivers strong H1 growth, showcasing resilience and operational excellence

H1 revenue accelerated 41% year on year, and net profit climbed 16% Backlog stood at AED 49.9 billion, with AED 13.9 billion in awarded projects 400,000 sqm fabrication yard in Saudi Arabia now fully operational Extended its long-term agreement ("LTA") with Aramco, continuing a strategic partnership focused on offshore projects in Saudi Arabia Abu Dhabi, UAE; 23 July 2025: NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), today announced strong financial results for the first half of 2025, with sustained growth demonstrating the company's strength and disciplined execution amid challenging market conditions. NMDC Energy continued its regional expansion, broadened its capabilities, and diversified its revenue streams in the first six months of 2025, delivering ......read full article

Hibrid and Alibaba Cloud Sign MoU to Deliver Advanced Streaming and Comprehensive Infrastructure Solutions Across Middle East and GCC

Dubai, UAE – June 25, 2025 – Hibrid, a leading UAE-based provider of innovative streaming technology, has announced a strategic collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to offer comprehensive streaming and infrastructure services to customers throughout the Middle East and the Gulf Cooperation Council (GCC) region. This collaboration combines Hibrid's cutting-edge streaming platform with Alibaba's robust infrastructure capabilities to enhance content delivery, optimize network performance, and provide scalable solutions tailored to the unique needs of the Middle Eastern market. The partnership aims to empower businesses across various sectors, including media, telecommunications, and entertainment, by facilitating seamless streaming experiences backed by ......read full article

Meedaf and Brink's Form Strategic Alliance to Revolutionize Cash and ATM Operations in the UAE

Abu Dhabi, UAE – 9 June 2025 – Meedaf, an ADGM-licensed entity launched in April 2025 to serve financial institutions across the GCC, proudly announces a strategic joint venture with Brink’s a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. This collaboration is set to revolutionize the cash management and ATM managed services industry in the UAE, ushering in a new era of efficiency, security, and innovation. As the first strategic partnership on the Meedaf platform, the new venture will empower financial institutions by harnessing Brink’s global technology, infrastructure, and operational expertise to establish elevated standards in cash management and ATM managed services throughout the UAE. This collaboration will deliver fully integrated ......read full article

TCL and Arsenal Announce Global Partnership Expansion in Multi-Year Deal

Dubai, UAE –June 02, 2025: TCL, a leading global consumer electronics brand and the No.2 TV brand worldwide, proudly announces the elevation of its partnership with Arsenal Football Club to a global level, becoming Arsenal’s Official Global Consumer Electronics Partner. This milestone marks a new era in the relationship between two iconic brands driven by shared values of innovation, excellence, and progress. Building on a successful regional partnership in the UK, Middle East, and Africa since 2023, TCL and Arsenal are now taking their collaboration global, connecting with fans and consumers in more markets through shared values of innovation, performance, and progress. Sunny Yang, General Manager – TCL Middle East & Africa, stated: “We are proud to elevate our partnership with Arsenal to a global ......read full article

UAE-based Hotpack Global to invest $100m in its first US manufacturing facility in New Jersey

Dubai, UAE – May 2, 2025 – New Jersey Governor Phil Murphy and Hotpack, the UAE-based leader in sustainable food packaging solutions, today announced a major step forward in Hotpack’s international expansion strategy with a $100 million investment to establish a new manufacturing and distribution facility in Edison, New Jersey, USA. This project marks Hotpack’s first production base in North America, reflecting its commitment to delivering tailored packaging solutions and strengthening supply chains to meet the evolving needs of its growing customer base in the United States, in alignment with the company’s 2030 Vision for international growth. The state-of-the-art facility will span 70,000 square feet, with operations set to commence in June 2025. As part of the first phase, the project will ......read full article

LG Announces first-quarter 2025 financial results

Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed USD 689 million during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales. Vehicle solutions and heating, ventilation and air conditioning (HVAC) – both critical to LG’s B2B strategy and future growth – delivered ......read full article

Gold (XAU/USD) charges to $3,500 as Fed independence comes under threat

By Daniela Sabin Hathorn, senior market analyst at Capital.com Gold continues its impressive rally as market confidence in the soundness of the US administration wavers. The latest headline shaking investor sentiment emerged over the Easter weekend, with reports suggesting that President Trump is exploring ways to remove Federal Reserve Chairman Jerome Powell. Although the Fed’s independence has long been a pillar of financial stability, these developments are casting doubt over its future — and markets are responding. Trump has made no secret of his dissatisfaction with Powell’s monetary policy stance. On Wednesday, Powell warned that tariffs could lead to a temporary spike in both inflation and unemployment, possibly necessitating a rate hike. Trump promptly criticized the Fed Chair on Truth Social, accusing him ......read full article

TAQA Acquires Leading UK Electricity Transmission Development and Services Company

Strategic acquisition of Transmission Investment will support TAQA Transmission’s international growth plans and expands its capabilities in offshore transmission services and transmission infrastructure development Transmission Investment is one of the largest players in the United Kingdom’s offshore electricity transmission market and a prominent player in the country’s interconnector sector Abu Dhabi, UAE – 17 April 2025: Abu Dhabi National Energy Company PJSC (“TAQA” or “the Group”), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, announced today that it has acquired 100% of Transmission Investment (“TI”), a leading UK-based energy and utility investment platform. TI is one of the largest ......read full article

Hotpack Global Commissions 2.2 MW Rooftop Solar Project at National Industries Park Facility

The new installation has been dubbed one of the largest rooftop solar projects in National Industries Park, Dubai Dubai, UAE – March 19, 2025: Hotpack Global, the UAE-based leader in sustainable packaging solutions, has successfully completed the installation of a 2.2 MW rooftop solar power system at its cutting-edge manufacturing facility in National Industries Park (NIP), Dubai. This milestone marks one of the largest solar energy installations in the NIP area, reinforcing Hotpack’s commitment to environmental sustainability and renewable energy adoption. The solar installation is projected to generate approximately 3.52 million kilowatt-hours (kWh) of clean energy annually, significantly reducing Hotpack’s dependence on conventional power sources. Additionally, the initiative is expected to cut 2,992 metric ......read full article

EGA delivers strong financial results and low-carbon growth in 2024

Strong results and record alumina and hot metal production. Building global aluminium recycling business, and laying foundations for low carbon primary growth. Growing sales of CelestiAL solar aluminium. Record Emiratisation rate, and metal sales to UAE customers. Second consecutive year of AED 3.7 billion ($1 billion) dividend to shareholders. AED 1.8 billion ($488 million) impairment of Guinea Alumina Corporation. Abu Dhabi, United Arab Emirates, 12 March 2025: Emirates Global Aluminium, the largest 'premium aluminium' producer in the world, today announced strong financial results for 2024 and low carbon growth. EGA delivered adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (adjusted EBITDA) of AED 9.2 billion ($2.5 billion), up from AED 7.7 billion ($2.1 billion) in 2023, ......read full article

Nasdaq 100 and S&P 500 unable to contain the selling

By Daniela Sabin Hathorn, senior market analyst at Capital.com US equity futures started the week on a weaker note, continuing the recent trend of softness. The Nasdaq 100 extended heavy losses from Asian and European trading sessions, shedding nearly 500 points (2.5%) at the US open. Investor sentiment remains fragile as uncertainty surrounding Trump’s tariff policies fuels concerns about a potential global trade war and its implications for economic growth. Recession fears have exacerbated the selling pressure on US equities, contributing to the market’s current downturn. The Nasdaq 100 has now slipped below all four of its key simple moving averages (20, 50, 100, and 200-day), failing to find support at these levels. Additionally, the Relative Strength Index (RSI) has dropped to 30 for the first time since August, ......read full article

Global dividends jumped to a record $1.75 trillion in 2024

Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar 17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and Alibaba accounted for one fifth of global dividend growth in 2024 Globally 88% of companies raised dividends or held them steady in 2024 Q4 payouts rose 7.3% on an underlying basis Forecast 2025: Headline growth of 5.0% to record $1.83 trillion, up 5.1% on an underlying basis DUBAI, UAE - Global dividends grew to a record $1.75 trillion in 2024, according to the Janus Henderson ......read full article

The Kalyani Group Unveils, first of its kind, the Revolutionary MArG 155mm/45 Cal Mounted Gun System on 4 X4 HMV offering unmatched mobility, fire power and range, at IDEX 2025 at

Abu Dhabi, UAE, February 18, 2025 - Kalyani Strategic Systems Limited, a wholly-owned defence subsidiary of Bharat Forge, proudly unveiled the MArG 45, mobile gun system mounted on a 4x4 all-terrain platform, at IDEX Abu Dhabi 2025. The prestigious launch was officiated by H.E. Shri Sunjay Sudhir, Ambassador of India to the UAE, reinforcing India’s commitment to advancing global defense technology. MArG 45 exemplifies Kalyani Group’s ingenuity in challenging conventions, integrating firepower, range, and mobility into a single, ground-breaking platform. Designed for rapid deployment and superior manoeuvrability, it is a “go-anywhere” gun with unparalleled shoot-and-scoot capabilities. Mr. Baba Kalyani, Chairman & MD, Bharat Forge Ltd., commented on this milestone: "This Mounted Gun Platform ......read full article

Panasonic reaffirms commitment to Nigeria, outlines vision for stronger market dominance

Company highlights Japan-quality innovations, sustainability and customer-centric strategies to address the unique needs and preferences of Nigerian market Lagos, Nigeria Panasonic Marketing Middle East & Africa (PMMAF) has unveiled its roadmap to support the company's growth journey in the Nigerian market this 2025 and beyond. With a strong focus on the air conditioning (AC) business, Panasonic aims to address the increasing need for high-quality climate control solutions in Nigeria, enhancing comfort and energy efficiency for both residential and commercial spaces. The brand's business strategy marks a renewed commitment to empower local consumers and businesses with new innovations that embody 'Japan Excellence,' further expanding its product portfolio to meet the rapidly growing demand for cutting-edge ......read full article

ADNOC Distribution Partners with Emerge to Power Abu Dhabi Stations with Solar Energy, Advancing Sustainability and Operational Efficiency

Solar PV panels will be added to more than 100 service stations across Abu Dhabi, intended to avoid more than 13,000 tonnes of CO₂ emissions annually. Milestone marks the second phase of service station solarization program following the successful installation of solar PV panels at 28 service stations in Dubai. Initiative supports ADNOC Distribution’s sustainability goals, in line with its aim to reduce operational carbon intensity by 25% by 2030 Abu Dhabi, UAE – January 21, 2025: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest mobility and convenience retailer, announced today the launch of the second phase of its service station solarization program in collaboration with Emerge, a joint venture between Masdar and the EDF Group. Under the program, Emerge will ......read full article

Al Hilal Bank appoints Jamal Al Awadhi as CEO to spearhead the Bank's growth and innovative leadership in digital Islamic banking

Abu Dhabi, 15 January 2025 Al Hilal Bank, a subsidiary of ADCB Group, has appointed Jamal Al Awadhi as its new Chief Executive Officer to spearhead the Bank’s ambitious growth trajectory and reinforce its position as the UAE’s premier Shariah compliant digital bank. Al Awadhi, a seasoned industry leader and UAE national, brings over 20 years of senior leadership experience across diverse sectors, including financial services, media, information technology, and aviation. Before joining Al Hilal Bank as Deputy CEO in May 2024, he had served as Chief Operating Officer at Wio Bank and Chief Executive Officer at Abu Dhabi Media. Ala'a Eraiqat, Chairman of Al Hilal Bank and Group CEO of ADCB, commented: “I am delighted to welcome Jamal to his new role as CEO of Al Hilal Bank at a time when the Bank is taking bold ......read full article

Masdar Expands Solar and Wind Portfolio in Europe Two Landmark Acquisitions Closed in Iberian Peninsula

Masdar has acquired Saeta Yield and partnered with Endesa S.A. in Spain UAE's clean energy leader has acquired Saeta, an established renewables platform with an operating portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal, for an enterprise value of €1.2 billion Masdar is also partnering with Endesa in Spain in a portfolio of over 2GW of solar assets and aims to add 0.5GW of battery storage, acquiring 49.99% for an enterprise value of €817 million for this stake Landmark deals expand Masdar's portfolio in Iberian Peninsula and Europe, as company targets global capacity of 100GW by 2030 Partnership with Endesa S.A. includes regulated renewable assets and long-term power purchase agreements under which Endesa S.A. through a subsidiary, will acquire 100 ......read full article

VinFast Takes Time to Think Long-Term Amid the EV Rush

VinFast is setting a new standard for sustainable innovation in the electric vehicle (EV) industry. By prioritizing long-term environmental impact over short-term gains, VinFast is actively addressing the challenges of battery disposal and reuse, positioning itself as a leader in the circular economy. As the world transitions to EVs, opportunities to enhance sustainability continue to emerge. While EVs are widely recognized as a solution to global warming, the industry is actively addressing areas for improvement, particularly in the lifecycle management of EV batteries. In this evolving landscape, the Nasdaq-listed VinFast is carving out a distinctive role—not just as a carmaker but as a forward-thinking leader dedicated to advancing sustainability. This dedication to sustainability is evident in VinFast’s partnership ......read full article

Mubadala Announces Strategic Investment in Zelis

Abu Dhabi, UAE – December 5, 2024 – Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to purchase a minority stake in Zelis, a leading provider of healthcare technology solutions in the United States. Mubadala Investment Company is the lead investor, alongside a group of investors including Norwest and HarbourVest. Parthenon and Bain Capital remain the majority owners of Zelis. “We are delighted to announce our investment in Zelis, a company whose thoughtful and integrated approach to healthcare payments sets it apart from its peers. Zelis is helping to streamline the US healthcare financial experience which is complex and in need of technology-driven solutions that can unlock efficiencies and create better outcomes for everyone engaged in the care journey,” said Mina ......read full article

Official Opening of the 2nd Chinese Industrial Products Exhibition 2024 Marks a New Milestone in China-UAE Industrial Cooperation

November 18-19, 2024 | JOCIC Park, KEZAD, Abu Dhabi, UAE Abu Dhabi witnessed a landmark event today with the official opening of the 2nd Chinese Industrial Products Exhibition (CIPE 2024) at JOCIC Park, KEZAD. This premier event, a testament to four decades of China-UAE economic partnership, brought together innovators, investors, and policymakers to chart a new course for industrial collaboration. The opening ceremony, organized by JOCIC and supported by ADDED, Abu Dhabi Customs, ADIO, Abu Dhabi Chamber, KEZAD Group, and ADSM, welcomed distinguished delegations from both nations. “This exhibition reflects the deep friendship and shared vision between our two countries,” said Zou Yonggang, Chairman of JOCIC. “With nearly 90 enterprises showcasing their expertise, it underscores our commitment to advancing ......read full article