BusinessLatest Business and Company Updates
UAE builders retain financial cushion
UAE property developers are expected to keep construction programmes moving and meet debt obligations over the next 12 months, as strong cash reserves and positive operating cash flow provide a buffer against softer sales, wider payment plans and geopolitical uncertainty.Moody’s assessment points to a market under pressure but not
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Abu Dhabi strengthens energy pipe supply chain
Mubadala Investment Company and Tubacex Group have launched operations at their Abu Dhabi joint venture, bringing a specialised manufacturing platform for advanced Oil Country Tubular Goods into service as the UAE accelerates efforts to localise critical energy supply chains.The venture,
Airlines resist wider EU carbon levy
Europe’s largest airline groups have warned Brussels that extending carbon charges to long-haul international flights would lift fares, raise cargo costs and deepen a dispute over how aviation should pay for its climate impact.Chief executives from major carriers including Air
InPost deepens France push with lockers
Parcel-locker group InPost will invest a further €500 million in France by 2030, strengthening its out-of-home delivery network as e-commerce growth and consumer demand for flexible collection points reshape Europe’s parcel market.The commitment adds fresh weight to the expansion strategy
