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Day: February 12, 2026

ADNOC Drilling Achieves Record Profitability with $1.45 Billion Net Profit in 2025

February 12, 2026 by emiratespressreleases.net

Abu dhabi: ADNOC Drilling company announced its fourth quarter and full year 2025 results, revealing a significant increase in revenue and profitability. The company’s revenue rose 22 percent year-on-year to $4.9 billion, while earnings before interes…

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RAK Ceramics Reports Strong FY2025 Performance Amid UAE Market Growth

February 12, 2026 by emiratespressreleases.net

Ras al khaimah: RAK Ceramics PJSC has announced its financial results for the fourth quarter and the fiscal year ending December 31, 2025, showcasing a resilient performance despite challenges in some markets. The company’s robust gross margins and so…

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TAQA Reports AED7.5 Billion Net Profit for 2025, Marks Strategic Progress in Energy Sector

February 12, 2026 by emiratespressreleases.net

Abu dhabi: Abu Dhabi National Energy Company PJSC (TAQA) announced on Thursday its financial results for the year ending December 31, 2025, showing a net profit increase of 5.6 percent year-on-year to AED7.5 billion. The company’s total revenues for t…

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Halima Al Owais Elected Chairperson of Sharjah Consultative Council by Acclamation

February 12, 2026 by emiratespressreleases.net

Sharjah: Halima Humaid Al Owais was elected as Chairperson of the Sharjah Consultative Council (SCC) by acclamation, following the acceptance of the resignation of Dr Abdullah Belhaif Al Nuaimi, during the tenth session of the third regular term of th…

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CBUAE and Hong Kong Monetary Authority Enhance Financial Cooperation and Market Connectivity

February 12, 2026 by emiratespressreleases.net

Abu dhabi: The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened their third meeting in Abu Dhabi, chaired by Khaled Mohamed Balama, Governor of the CBUAE, and Eddie Yue, Chief Executive of the HKMA….

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Memorandum of Agreement Signed for Phase 4 of UAE Airspace Restructuring Project

February 12, 2026 by emiratespressreleases.net

Abu dhabi: In a strategic move highlighting the United Arab Emirates’ dedication to advancing the aviation sector, Saif Mohammed Al Suwaidi, Director-General of the General Civil Aviation Authority (GCAA), along with representatives from civil aviatio…

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Presight Reports 36.9% Annual Revenue Growth in 2025, Surpassing AED3 Billion

February 12, 2026 by emiratespressreleases.net

Abu dhabi: Presight on Thursday announced its financial results for the full year ending 31st December 2025, reporting revenue of AED3.03 billion for FY25, representing growth of 36.9 percent year-on-year (YoY) and exceeding company-compiled analyst c…

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Mohammed Bin Rashid Housing Establishment Activates Comprehensive Services at Dubai Integrated Housing Centre

February 12, 2026 by emiratespressreleases.net

Dubai: The Mohammed Bin Rashid Housing Establishment has announced the activation of its entire range of housing services at the Dubai Integrated Housing Centre. This move is part of its ongoing commitment to enhancing service delivery systems and cus…

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February 2026
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