Business
ADNOC L&S Q2 Profit Jumps 303% to Record $951 Million
ADNOC Logistics and Services posted record UAE quarterly profit as shipping revenue surged, prompting a third upgrade to its 2026 outlook.
The latest business reporting and analysis from Dubai and the UAE.
ADNOC Logistics and Services posted record UAE quarterly profit as shipping revenue surged, prompting a third upgrade to its 2026 outlook.
UAE hotel occupancy fell through mid-2026 even as Dubai and Abu Dhabi expanded room supply and rolled out fresh support for tourism operators.
UAE's Jaywan card scheme will pilot acceptance in mainland China through UnionPay, part of a wider deal covering QR payments and settlement.
MoHRE data shows UAE unemployment and worker protection payouts topped $226 million combined by mid-2026, as new wage and heat rules take effect.
Dubai International kept its rank as world's second-busiest airport in 2025 while Istanbul overtook Heathrow as Europe's top hub in July.
Dubai will host its first Environment Conference & Exhibition in September 2026, gathering sustainability experts under Sheikh Ahmed bin Saeed's patronage.
Dubai, Abu Dhabi and Sharjah posted strong H1 2026 real estate transaction figures as foreign investment across the UAE market deepened further.
ADNOC Gas beat its own Q2 2026 guidance with $664.4 million net income despite Strait of Hormuz shipping disruptions cutting export sales.
Saudi Arabia, the UAE, Oman and Qatar are forecast to grow tourism GDP by $163bn by 2036, even as the Middle East faces a 2026 slowdown.
The Dubai-it Award's first nomination window runs August 10 to September 10, honouring individuals, projects and firms in Dubai and the UAE.
