Business News from Wednesday, February 11th, 2026
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Dubai Holding sells 24% Empower stake to DEWA for AED 5 billion
Dubai Holding has sold its 24 per cent shares in Emirates Central Cooling Systems Corporation (Empower) to Dubai Electricity and Water Authority (DEWA) for AED 5.184 billion, increasing DEWA's shareholding from 56 per cent to 80 per cent.
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DXB Airport hits record 95.2 million visitors in 2025
Dubai International (DXB) has welcomed 95.2 million guests in 2025, marking the busiest year in the airport’s history and the highest annual international passenger traffic ever recorded by any airport.
News
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H.H. Sheikh Hamdan pays tribute to UAE's royal photographerHis Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has offered his heartfelt condolences to the family of royal photographer Ramesh Shukla, who passed away on Sunday.
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Sharjah approves over AED76 million in debt settlement for citizensMore than AED 76 million in debt have been settled for UAE nationals living in Sharjah.
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H.H. Sheikh Hamdan awards Arab Hope MakersHis Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has awarded Morocco's Fouzia Jbara Mahmoudi with AED1 million as the top winner of the Arab Hope Maker initiative on Sunday.
