NEW YORK, February 23,2026 : Gold rose to a ⁠more than three-week high on Monday, as the dollar fell.

Spot gold climbed 1.2 percent to $5,163.60 per ounce by 02:10 GMT, hitting a more than three-week high.

US gold futures ​for April delivery were up 2 percent at $5,184.90.

Spot silver climbed 3.1 percent to $87.10 per ounce, a more than two-week high.

Spot platinum rose 1.2 percent ​to $2,182.60 per ounce, while palladium was up 0.5 percent at $1,753.75.

Dubai,  February 20, 2026 : Nisus Finance Services Co Ltd, a leading alternative investment and urban infrastructure platform, reported a stellar result with a total income of Dh15.68 million (IN₹387 million) for the third quarter and Dh46 million (IN₹1.13 billion) for the first nine months of the of the financial year 2026 delivering strong profitability and sustained growth momentum driven by a disciplined investment strategy and high-quality earnings.

During the nine months ended December 31, 2025, Nisus Finance reported total income of Dh46.19 million (IN₹1.14 billion) and Profit After Tax (PAT) of Dh22.97 million (IN₹567 million), significantly exceeding its full-year FY25 profitability. 

This strong cumulative performance highlights the scalability of the company’s business model and its ability to consistently deliver superior returns. In addition to its strong core platform performance, Nisus Finance has further strengthened its consolidated platform through the strategic integration of New Consolidated Construction Co. Ltd. (NCCCL), enhancing its capabilities across the infrastructure and real estate lifecycle. This integrated model enables Nisus to originate, finance, and participate in execution opportunities, improving revenue visibility and strengthening its long-term growth outlook. 

Earnings before Interest, Tax, Debt and Amortisation (EBITDA) stood at Dh34.11 million (IN₹842.3million), translating into a robust EBITDA margin of 74.12 percent, underscoring the company’s strong operating efficiency and scalable investment platform. Profit After Tax (PAT) for the quarter reached Dh8.18 million (IN₹201.9 million), with a PAT margin of 52.98 percent, among the highest in the industry.

The strong performance reflects Nisus Finance’s disciplined capital allocation, successful investment exits, and increasing contribution from its diversified investment platforms across India and international markets, including Dubai and GIFT City. 

With the consolidation of New Consolidated Construction Company Limited (NCCCL) from the date of acquisition on 22 August 2025 through 31 December 2025, the combined platform recorded total income of Dh150.31 million (IN₹3.71 billion) in 9M FY26, including Dh92.78 million (IN₹2.29 billion) in Q3 FY26. 

The EBITDA margin is 29.53 percent and PAT margin of 15.9 percent for 9M FY26.

Building on strong momentum, Nisus had guided for a total revenue of Dh48.62 million – Dh56.72 million (IN₹1.2–1.4 billion) in FY26. With 9M FY26 revenue already at Dh46.19 million (IN₹1.14 billion)(excluding NCCCL), the company is well on track and expects to surpass the upper end of this guidance for the full year. On a consolidated basis, NCCCL’s revenue in FY26 in expected to be approximately Dh226.88 million (IN₹5.60+ billion).

The Management has further appraised on the opportunities across India, UAE and NCCCL. In India, Real Estate Special Opportunities Fund (RESO I Fund) has successfully exited its investment in Skytech Estate, while in Dubai it has made a new investment of Dh93.18 million (IN₹2.3 billion) in Nisus High Yield Growth Fund. 

Meanwhile, NCCCL has added two key orders, reinforcing its strong execution capabilities and growing project pipeline. Other strategic highlights include showcasing growth across the three engines i.e. Fund Management, Transaction Advisory and Strategic Investment. 

Dr. Amit Anil Goenka, Chairman and Managing Director, Nisus Finance, said, “Our strong Q3 FY26 performance reflects the scalability of our investment platform and our ability to consistently generate high-quality earnings while maintaining industry-leading margins. This growth has been supported by successful investment exits, steady expansion across India and international markets, and continued momentum in our fund and asset management business.

“We remain focused on prudent capital allocation, strengthening our global investment footprint, and expanding our integrated platform across asset management, structured finance, and infrastructure investments. With a robust pipeline and strong capital efficiency, we are well positioned to sustain this growth trajectory and deliver long-term value to our stakeholders.” 

The company continues to benefit from structural tailwinds in private credit, real estate, and urban infrastructure financing, supported by its differentiated integrated platform spanning fund management, transaction advisory, and infrastructure execution. Nisus’s global presence across India, GIFT City, and Dubai provides access to diversified high-growth opportunities and enhances its ability to generate superior risk-adjusted returns. 

With strong quarterly profitability, expanding platform scale, and a diversified global investment strategy, Nisus Finance remains well positioned to sustain its growth momentum and create long-term value for its investors and stakeholders. 

Key Financial Highlights: Consolidated (Core Platform, excluding NCCCL) 

Key Financial Highlights: Consolidated (Core Platform, Including NCCCL) 

Dubai, February 19, 2026 : Danube Properties has officially commenced construction of the Rizwan Askerali Sajan Masjid in Dubai Silicon Oasis, marking a significant milestone in its ongoing commitment to spiritual development and community-building initiatives across the UAE.

The new Masjid represents the fifth mosque to be developed under Danube Group’s AED 50 million pledge to construct Masjids across the country — a commitment previously announced in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.

A Landmark for Faith and Community

Set within one of Dubai’s fastest-growing districts, the Rizwan Askerali Sajan Masjid will stand as a symbol of faith, unity, and responsible corporate citizenship. The mosque will be developed on a 121,000-square-foot plot, with a built-up area of 19,000 square feet, and is designed to accommodate up to 1,000 worshippers — 800 men and 200 women.

The project has been thoughtfully planned to meet the needs of the surrounding community and will include parking facilities exceeding maximum capacity requirements, ensuring ease of access and convenience for worshippers and visitors. Completion is scheduled for later this year.

Groundbreaking Ceremony Attended by Senior Officials

The groundbreaking ceremony was held in the presence of Rizwan Sajan, Founder and Chairman of Danube Group, and Badr Buhannad, Director General of Dubai Silicon Oasis, alongside distinguished dignitaries and senior officials.

Commenting on the occasion, Badr Buhannad stated:
“It is an honour to witness the groundbreaking ceremony of this beautiful Masjid developed by Rizwan Sajan. Developments such as this reflect a strong commitment towards community wellbeing and sustainable urban growth, reinforcing the importance of integrating social infrastructure within evolving master communities. I commend Danube Properties for their continued contribution to strengthening Dubai’s integrated and inclusive community ecosystem.”

Rizwan Sajan added:
“This Masjid represents our gratitude to the UAE and our commitment to creating spaces that inspire faith, harmony, and togetherness. It is not just a place of prayer, but a foundation for community connection and spiritual growth. I extend my sincere appreciation to the management of Dubai Silicon Oasis for granting us the land for this noble initiative. Their invaluable support and collaboration have made it possible to bring this meaningful vision to life.”

Strengthening a Legacy of Community Investment

With this latest development, Danube Properties continues to expand its legacy of Masjid construction across the UAE. To date, the Group has successfully delivered four mosques, each serving as a vital spiritual and social landmark within its respective community.

Beyond its portfolio of 41 successful real estate projects, Danube Group remains committed to impactful corporate social responsibility initiatives that contribute to the nation’s social development and overall wellbeing.

Upon completion, the Rizwan Askerali Sajan Masjid is expected to become a central place of worship within Dubai Silicon Oasis, serving residents, professionals, and visitors while reinforcing the values of unity, generosity, and faith that define the UAE.

Ajman , February 20 , 2026 : Ajman Police Club has announced a comprehensive 30-day Ramadan community and cultural programme set to take place in Ajman, bringing together families, entrepreneurs, innovators and cultural enthusiasts under one unified platform throughout the Holy Month.

The large-scale initiative is being organised by Good Earth Events in association with Wealth i Group of Companies, with the objective of promoting social unity, preserving cultural heritage, encouraging education and supporting innovation.

Grand Opening and Official Inauguration

The programme will commence with pre-event promotional activities, culminating in a grand Opening Day Iftar designed to foster an atmosphere of togetherness and community bonding.

The event will be officially inaugurated by His Highness Amir, marking a key highlight of the month-long programme. The inauguration ceremony will feature VIP participation, extensive media coverage, recognition of outstanding entrepreneurs, and traditional Arabic cultural performances that reflect the rich heritage of the UAE.

Diverse Daily Activities for All Ages

Over the course of 30 days, Ajman Police Club will host a wide array of daily activities catering to all age groups. The programme includes children’s cultural performances, dedicated traditional cultural zones, live cooking experiences, and interactive educational demonstrations in agriculture, animal husbandry and robotics.

Innovative product kiosks and exhibitions will also be showcased, providing entrepreneurs and businesses with an opportunity to present their offerings to a broad audience. In addition, a daily Iftar initiative will serve and engage members of the wider community, reinforcing the spirit of generosity and social cohesion that defines Ramadan.

Promoting Community Engagement and Cultural Preservation

The Ramadan initiative underscores Ajman Police Club’s ongoing commitment to community engagement, cultural preservation and social development. By combining cultural showcases, educational programming and entrepreneurial platforms, the event aims to create a dynamic environment that encourages learning, innovation and family-oriented entertainment.

With anticipated participation from UAE nationals, residents, entrepreneurs and visitors, the 30-day programme is expected to draw significant public interest and media attention throughout the Holy Month.

As Ramadan approaches, the initiative stands as a celebration of culture, knowledge, innovation and unity — reinforcing the enduring values of giving, togetherness and shared heritage across the UAE.

Dubai , February 20 , 2026 : Roads and Transport Authority (RTA) has launched a wide-ranging programme of community initiatives to mark the Holy Month of Ramadan under the theme “Family is Where We Belong.” The initiative aims to strengthen social solidarity, foster generosity, and bring happiness to diverse segments of society across the emirate.

The Ramadan programme targets underprivileged families and orphans, as well as frontline workers including metro users, bus drivers, delivery riders, taxi drivers and labourers. The humanitarian initiatives will be implemented throughout Dubai during the Holy Month.

Strategic Partnerships Strengthen Community Impact

RTA is delivering its Ramadan agenda in collaboration with a number of government and private sector partners, including Keolis MHI, DAMAC Properties, Noon, Beit Al Khair Society, Al Ahliah Charity Schools and Dar Al Hay Gents Tailoring.

The partnerships reflect an integrated approach to reinforcing community cooperation and amplifying the reach of charitable initiatives across the emirate.

RTA is also actively engaging employees and volunteers in delivering the initiatives, underscoring its commitment to promoting volunteerism, embedding social responsibility, and advancing humanitarian values that characterise the UAE community.

Ramadan Initiatives

8,000 Meals Distributed Across Dubai

Among the flagship programmes is the continued implementation of the “Meals on Wheels” initiative. A total of 8,000 meals will be prepared and distributed during Ramadan at RTA’s headquarters and at Quranic Park. RTA employees and community volunteers will participate in preparing and distributing meals to workers, reinforcing the spirit of compassion and unity.

In addition, RTA will organise the “Iftar Meal Distribution at Metro Stations” initiative in collaboration with Keolis MHI, DAMAC Properties and Noon. Iftar meals accompanied by awareness messages will be distributed to heavy vehicle drivers, bus and taxi drivers, and workers across various locations.

500 nol Cards for Eligible Families

Coinciding with Zayed Humanitarian Day, RTA is rolling out the “Ramadan Rations” initiative, which includes the distribution of 500 nol cards to underprivileged families.

A portion of the cards will be delivered directly to beneficiaries at their homes by RTA teams, while the remainder will be distributed through a cooperative society in coordination with Beit Al Khair Society. The initiative aims to provide both financial assistance and moral support to eligible families during the Holy Month.

Citywide Ramadan Celebrations

As part of broader Ramadan celebrations across Dubai, RTA will support initiatives linked to the “Season of Wulfa” by displaying the “Ramadan in Dubai” logo on Variable Message Signs (VMS) across the emirate.

The programme will also feature a decorated abra parade, enhancing the festive ambience and spreading joy in multiple locations throughout Dubai.

“Thank You, RTA Heroes” Campaign

RTA is launching the “Thank You, RTA Heroes” campaign across its official social media platforms, inviting members of the public to share messages of appreciation for frontline employees and customer service teams, including bus drivers, delivery riders, metro staff and marine transport personnel.

Selected submissions will be recognised, with winners receiving nol cards and shopping vouchers as tokens of appreciation.

“Eid Joy” Initiative

Continuing its community engagement beyond Ramadan, RTA will implement the “Eid Joy” initiative in collaboration with Dar Al Hay Gents Tailoring and Al Ahliah Charity Schools. The programme will provide Eid Al Fitr essentials and Eidiya (cash gifts) to students, ensuring they experience the happiness and excitement of Eid preparations.

Through this comprehensive programme, RTA reaffirms its enduring community role and commitment to reinforcing the values of solidarity, compassion and giving. The initiatives align with its broader strategy to enhance community happiness and improve quality of life across Dubai.