BusinessLatest Business and Company Updates
TAQA seals Al Dhafra power plant deal
Abu Dhabi National Energy Company PJSC and Emirates Water and Electricity Company have completed a Dh3.6 billion financing and development agreement for the Al Dhafra Power Plant, marking a significant expansion of dispatchable power capacity aimed at supporting the emirate’s fast-growing data centre sector. The project underlines Abu Dhabi’s strategy
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Is Being Self-Employed Easy?
The idea of being self employed is often an appealing one. No boss hovering nearby while you work. No office politics that become divisive or horrific to work in. The added freedom of building a business based on your own
Binghatti secures strong demand for debut long sukuk
Dubai-based property developer Binghatti has priced a $500 million five-year sukuk after attracting demand that significantly exceeded the issue size, underscoring sustained investor appetite for higher-yield Gulf credit despite tighter global financial conditions. The Islamic bond was priced on Thursday
Emaar approves record dividend as growth accelerates
Emaar Properties has approved a dividend payout of AED8.8 billion following a strong financial performance for 2025, signalling confidence in its cash flows and long-term growth strategy.The decision was endorsed at the company’s annual general meeting, where shareholders backed a
