From Debt to Dividends: How Agthia Turned the Tide in 2026

A Transformation That's Actually Working

Agthia Group just proved that discipline pays off. In H1 2026, revenue jumped 7.4% to AED 2.6 billion, while EBITDA soared 35.8%.

Meanwhile, net profit more than doubled, up 147.4% year-over-year, showing the transformation isn't just talk—it's translating into real results.

Stronger Balance Sheet, Bigger Rewards

Consequently, free cash flow flipped positive at AED 521.4 million, and net debt-to-EBITDA dropped sharply to 1.8x.

As a result, the Board raised the interim dividend by 14.4%. Clearly, Agthia is building momentum, strengthening its finances while rewarding shareholders along the way.

Sand, Steel, and Strategy: Wison Plants Its Flag in Abu Dhabi A New Chapter Begins

On July 30, 2026, Wison Engineering opened its Abu Dhabi subsidiary and office, right in the heart of the UAE's capital. It's a big step forward.

Since 2008, when Wison first entered Saudi Arabia, the company has steadily grown its Middle East footprint. Now, this move deepens that commitment even further.

Building Toward the Future

CEO Zhou Hongliang says the office will anchor global growth.

 Meanwhile, Chairman Liu Hongjun envisions it becoming Wison's regional execution hub.

Ultimately, Wison aims to become a world-class oil and gas engineering leader worldwide.

Moove’s $250M Boost: Driving the Future of Autonomous Mobility

A Billion-Dollar Mobility Milestone

DUBAI, United Arab Emirates—Moove, the global mobility company building the operating layer for autonomous mobility, has raised $250 million at a $2.1 billion valuation in a Series C funding round. Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the funding strengthens Moove’s global expansion.

Powering Autonomous Transportation

Meanwhile, Moove will invest in autonomous vehicle fleets, robotics-first depot infrastructure “Nests,” new markets, and workforce growth. The company expects its autonomous team to exceed 500 employees by year-end. Today, Moove operates 42,000 vehicles across 29 cities and 13 countries, advancing next-generation urban transportation.