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Press Dossier   By Date  11/02/2026
Dewa delivers record $8.9bn revenue for 2025; net profit hits $2.5bn
United Arab Emirates: Dubai Electricity and Water Authority (Dewa) has delivered the strongest financial and operational performance in its history for the full year 2025, recording a net profit after tax of AED9.1 billion ($2.5 billion) and a consolidated revenue of AED32.84 billion ($8.9 billion).
Dubai unveils new environmental and recreational destination
United Arab Emirates: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today (February 10) approved the Al Layan Oasis development project, a new environmental and recreational destination in the emirate.
Gulf expands energy exports while cutting emission: DNV report
United Arab Emirates: DNV’s Oil & Gas Decarbonisation in the Gulf Region report finds that GCC countries are pursuing a dual strategy of continued hydrocarbon expansion alongside targeted decarbonisation to maintain global competitiveness.
Saudi Arabia aims to become world’s largest AI token exporter: Humain CEO
Saudi Arabia: Saudi Arabia is aiming to become the world’s largest exporter of artificial intelligence tokens as it accelerates efforts to position itself as a regional and global technology hub, according to a senior executive.
Saudi industrial output rises 8.9% in December: GASTAT
Saudi Arabia: Saudi Arabia’s industrial production rose 8.9 percent in December from a year earlier, driven by stronger mining and manufacturing activity, signaling continued momentum in the Kingdom’s non-oil and energy sectors.
Saudi business optimism holds firm above 60 on non-oil strength
Saudi Arabia: Saudi Arabia’s Business Confidence Index held at 61.6 points in January, reflecting sustained optimism across the Kingdom’s non-oil sectors, official data showed.
Nasdaq Dubai welcomes Al Masraf’s $500 million debut bond
United Arab Emirates: Nasdaq Dubai has welcomed the listing of a $500 million bond issued by Arab Bank for Investment and Foreign Trade PJSC (Al Masraf), marking the Bank’s debut in the international debt capital markets and reinforcing Dubai’s position as a leading hub for global fixed-income issuances.
ADGM opens new Service Centre at The Galleria Al Maryah Island
United Arab Emirates: ADGM, the international financial centre of Abu Dhabi, on Tuesday announced the opening of its new Service Centre at The Galleria Al Maryah Island.
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