All posts by uaenews247

Business & Investments

MAIR Group Announces Unaudited Preliminary Financial Results for FY 2025

MAIR Group Announces Unaudited Preliminary Financial Results for FY 2025, Reporting 11% YoY Growth in Net Profit

  • FY 2025 net profit up 11% supported by continued operational improvements despite revenue moderation
  • 2026 will see the rollout of the Abu Dhabi Citizens’ Food Products exclusive program, continued private-label expansion, the start of store remodeling at ADCOOP, and further growth in Makani’s commercial real estate portfolio including the recently announced acquisition of KEZAD Logistics Park – KLP Free Zone 3 (FZ3)

ABU DHABI, UAE – 11 February 2026: MAIR Group PJSC (ADX: MAIR) (“MAIR” or the “Group”), a strategic investment company focused on grocery retail and commercial real estate in the UAE, announced its unaudited preliminary financial results for the fiscal year ended 31 December 2025.

Ongoing Transformation Positions MAIR for the Next Phase of Growth

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Education

The Future Leaders Challenge 2026 Concludes in Dubai

Dubai, United Arab Emirates – 13 February, 2026: The Future Leaders Challenge (FLC) – the finals 2026 concluded in Dubai, bringing together hospitality and tourism students, educators, industry leaders and public-sector stakeholders for an international gathering focused on the future of talent and human capital development in the sector.

Co:Creators, overall winners of the Future Leaders Challenge – The Finals 2026, held aboard the Queen Elizabeth 2 in Dubai.

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Automibiles & Motoring

YUKA Gymkhana Challenge Brings a New Racing Format to Yas Marina Circuit

Abu Dhabi is set to welcome a new kind of motorsport experience as YUKA Gymkhana Challenge arrives at the iconic Yas Marina Circuit on February 15 from 19:00 to midnight. With free public entry and a family-friendly format, the event aims to introduce audiences in the UAE to the fast-growing discipline of Gymkhana.


Gymkhana is a precision-based racing. In each heat, two drivers start simultaneously on mirror-layout tracks filled with technical obstacles. After switching sides, the winner is determined by the combined time of both runs — creating intense, second-by-second competition.

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Technologies

IIIT-B and WSO2 Announce Collaboration to Advance Open Source Digital Identity

Dubai, February 2026: The International Institute of Information Technology Bangalore (IIIT-B), through its MOSIP project, and WSO2, a global leader in enterprise digital infrastructure technology, today announced a strategic collaboration to further the development of the open source single sign-on platform, eSignet, using a common technology stack.

This partnership aims to leverage WSO2’s global expertise in identity and access management (IAM) solutions with IIIT-B’s deep academic and research insights into digital public infrastructure (DPI) and open standards. eSignet, an open source platform designed to facilitate secure and seamless digital interactions, will benefit from this joint effort, focusing on enhanced features, security, and scalability for global deployment.

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Real Estate

Amirah Developments Reflects the Rise of Boutique Developers in Dubai’s Maturing Real Estate Market

UAE property data highlights a shift toward focused execution, design quality, and accountability as buyer priorities evolve

Date: Dubai, UAE; February 13, 2026

Dubai’s real estate market is entering a more discerning phase, where confidence, delivery capability, and long-term value are increasingly shaping buyer decisions. With property transactions reaching Dh917 billion across more than 270,000 deals in 2025, the emirate continues to demonstrate depth and resilience. Beneath these headline figures, however, a notable shift is underway: buyers are favouring developers that offer clarity, accountability, and thoughtful execution over sheer scale.

As end-users and long-term investors form a growing share of residential demand, preferences are moving away from volume-driven launches toward boutique developers with focused portfolios and disciplined delivery models. Market observers note that this evolution aligns with Dubai’s broader transition into a mature, end-user-led market supported by population growth, long-term residency initiatives, and enhanced regulatory oversight.

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