Bapco Upstream gives the AD Ports Group company a five-year contract; Strategic entry into the LNG terminal towage sector for Noatum
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ADNOC
ADNOC to help ease UAE-based suppliers and SMEs’ access to working capital
Strategic partnership with Comera Financial will help convert ADNOC purchase orders into immediate funding
Metsera
Metsera says no to Novo; accepts Pfizer’s new acquisition offer of $10bn
Under the terms of the cash deal, Pfizer will pay $65.60 a share upfront and a contingent value right worth up to $20.65 a share
ONE Development and Amr Diab break ground on DO Dubai Islands
The hotel apartments, on Dubai Island, merges music, wellness, and intelligent technology into one experience
ENEC to fund project to cultivate 4mn coral colonies around Barakah plant
ENEC will provide the necessary funding and resources, while Environment Agency – Abu Dhabi will oversee its implementation
Dana Gas
Dana Gas revenue slips on lower production in Egypt and softer Brent prices
Revenue for 9M 2025 at $255 mn, down from $286mn in 9M 2024; KM250 projected completed and will increase revenue by 35% at full capacity
Q Mobility turns Abu Dhabi’s Al Shahamah into a paid parking area
A fee of AED2 per hour will be applied for standard parking spaces within the area; A total of 3,704 paid parking spaces will be activated
Dubai
Dubai’s party scene now runs on caffeine, not cocktails
Non-alcoholic events grip Dubai as health-conscious Gen Z swap champagne for cold brew
Artificial intelligence
Your next colleague could be an AI agent – report
More than half of global talent leaders plan to add AI agents to their teams in 2026, but Korn Ferry warns that replacing entry-level roles with automation could trigger a future leadership crisis
Dubai World Islands
IN PICTURES: InterContinental reveals first look at its 2027 Dubai World Islands hotel
First look at InterContinental Dubai – The Heart of Europe, the first InterContinental resort on the World Islands, as development on the archipelago accelerates
Emiratisation
UAE issues new rules for business centres: MoHRE outlines penalties for fake Emiratisation
MoHRE issues Resolution No. 702 of 2025 defining penalties for UAE business centres violating rules on data privacy
ADNOC
UAE public holiday dates; Major Dubai liveability and transport plans; Passport-free airports, investment tips – 10 things you missed this week
This week’s news: UAE public holiday dates, $46bn transport and liveability plans, Dubai passport-free travel and investment tips
Egypt
Qatar to invest $30bn in Egypt megaresort Alam El Roum – 250,000 jobs, 7.2 km of beach and 4,500 hotel rooms planned
Qatar to invest $30bn in Egypt’s Alam El Roum, a Mediterranean development with 250,000 jobs, 7.2km beach and 4,500 hotel rooms
Dubai real estate
Dubai villa market forecast: top areas set for 20% gains and 5 key trends driving growth
Dubai villa market set for 2026 growth, with Al Barari, DAMAC Hills and Arabian Ranches leading 20% gains and five lifestyle trends
Emirates Drug Authority
UAE recalls Hong Thai herbal inhaler over contamination concerns
The Emirates Drug Authority confirmed microbial contamination in several locally distributed batches
district cooling business
Empower rides Dubai’s real estate boom to record Q3 revenue
Revenue jumps 5.5% to $704.1mn and EBITDA to $318.3mn as the district cooling company signs 52 new contracts in Q3 for 56,000RT
