Tuesday , 16 December 2025

Recent Posts

TAQA reports AED6.1 billion net income for first nine months of 2025

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ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of AED42.7 billion, a 2.9 percent increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution segment. The company posted AED16.0 billion in EBITDA, with net income …

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US direct investment in Dubai hits AED14.3 billion in H1 2025

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NEW YORK/WAM Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct investment in Dubai reached AED14.3 billion in the first half of 2025. This figure is double the total US investment in the Emirate during 2024, reflecting a strategic indicator of Dubai’s growing appeal …

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Khaled bin Mohamed bin Zayed meets executive management delegation from Brookfield Corporation

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ABU DHABI/WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with a delegation from global investment management company Brookfield Corporation. The delegation included Bruce Flatt, Chief Executive Officer of Brookfield Corporation; Frank McKenna, Chairman of Brookfield Board of Directors; as well as several board …

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