BusinessLatest Business and Company Updates
Assiut Joins Air Arabia Abu Dhabi’s Egypt Network
Air Arabia Abu Dhabi announced it will launch direct flights between Abu Dhabi and Assiut in Egypt, with service starting on 4 November 2025. The route will operate twice weekly, on Tuesdays and Fridays, using non-stop flights between Zayed International Airport and Assiut International Airport.Adel Al Ali, Group Chief
Region
Emirates NBD profit climbs on lending surge
Emirates NBD, Dubai’s largest bank by assets, posted a four per cent rise in full-year net profit on Monday, underpinned by record lending growth as borrowing demand strengthened across domestic and international markets.The lender said net profit reached 24 billion
KEZAD seals 50-year Galadari lease
Khalifa Economic Zones Abu Dhabi has signed a 50-year land lease agreement with Galadari Brothers’ Heavy Equipment Division to develop a large-scale logistics and distribution hub at KEZAD A in Al Ma’mourah, marking another long-term industrial commitment within Abu Dhabi’s
Aldar and Mubadala form major retail venture
Aldar Properties and Mubadala Investment Company have completed a strategic joint venture that brings together two of Abu Dhabi’s most prominent retail destinations into a single platform valued at about AED 10 billion, marking one of the emirate’s largest consolidations
