ABU DHABI / WAM Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure and Chairman of the Supply and Transport Committee, affirmed that the UAE’s transport and supply chain system continues to operate efficiently and steadily, supported by an integrated national approach based on proactiveness, integration, and future readiness. Al Mazrouei said, “The continuity of the transport and supply chain …

ABU DHABI / WAM Borouge Plc announced a resilient financial and operational performance for the first quarter of 2026, delivering revenue of $1.2 billion, adjusted EBITDA of $343 million and net profit of $156 million despite current regional developments and logistics challenges. The company’s results were underpinned by strong operational execution, delivering 1.21 million tonnes of production at 98 percent …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Nechirvan Barzani, President of the Kurdistan Region of Iraq. During the meeting, the two sides discussed cooperation between the UAE and the Republic of Iraq, including the Kurdistan Region, and ways to expand it in a manner that supports mutual interests and benefits both peoples. …

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd announced on Wednesday a net profit of US$102.2 million for the first quarter of 2026, marking a 19.11 percent increase compared to US$85.8 million recorded during the same period in 2025. The company reported profit before tax of $120.4 million, compared to $101.2 million in the corresponding period last year. Revenue rose …

DUBAI / WAM TECOM Group PJSC announced its financial results for the first quarter of 2026, delivering revenues of AED755 million, representing an 11 percent year-on-year (YoY) increase, alongside a 12 percent increase in recurring net profit to AED403 million, compared to AED361 million in Q1 2025. EBITDA increased 13 percent YoY to AED610 million, delivering an 81 percent margin, …

DUBAI / WAM Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced strong momentum during the first three months of 2026, attracting new global, regional and local clients. 775 new companies established their regional presence in DIFC during the first three months of 2026, reflecting the Centre’s …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the launch of the National Programme to Strengthen Supply Chain Resilience in the UAE. The programme is expected to boost economic security, supporting the UAE’s global competitiveness and reinforcing the nation’s long‑term capacity for adaptability and sustainability. The programme …

ABU DHABI / WAM The United Arab Emirates on Tuesday announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1 May 2026. This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking …

ABU DHABI / WAM NMDC Energy on Tuesday announced its financial results for the first quarter of 2026, stating that it maintained operational continuity across all its projects as a result of integrated efforts, coordination with all relevant stakeholders, and the effective implementation of business continuity frameworks and risk management practices. NMDC Energy delivered solid financial performance in the first …

DUBAI / WAM Results of the “GCC Board Gender Index Report 2026” showed continued progress in women’s representation, reaching 7 percent of board positions across the GCC, compared to 6.9 percent in 2025, with the UAE ranking first at 15 percent. Heriot-Watt University and Aurora50 released the third edition of this comprehensive study of women’s representation on the boards of …