BusinessLatest Business and Company Updates
Alpha Dhabi Holding sees sharp growth in Q2 profits
Alpha Dhabi Holding has reported a significant surge in its second-quarter net profit for 2025, reaching AED 4.53 billion, marking a 118% increase from AED 2.08 billion during the same period in 2024. This growth reflects the investment conglomerate's strategic positioning in Abu Dhabi's dynamic market and its diversified portfolio
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Aldar advances Abu Dhabi housing expansion
Aldar Properties is set to begin construction of nearly 3,000 new homes across Abu Dhabi this year, signalling a significant acceleration in residential supply as population growth, job creation and investment inflows sustain demand across the capital’s prime districts. The
Multiply Group deepens mobility footprint with 22.5% stake in Mwasalat
Abu Dhabi — Multiply Group PJSC’s subsidiary Emirates Driving Company PJSC has secured a 22.5 per cent shareholding in Mwasalat Holdings LLC, the Abu Dhabi-based transport operator, with an option to raise its stake to 50.6 per cent pending
Emirates Islamic Lists World’s First Sustainability-Linked Sukuk
Nasdaq Dubai has officially welcomed the listing of USD 500 million Sustainability-Linked Financing Sukuk issued by Emirates Islamic, heralding what the bank describes as the world’s first issuance of its kind. The structure is designed to tie financial terms to
