Economy
Samsung Forecasts Soaring Operating Profits in Q3, Promising Robust Performance
Layla Al MansooriSamsung Electronics reported a massive jump in third-quarter profits today, beating market expectations as memory chip prices continue to climb. The S...
UAE Central Bank Boosts Gold Reserves by $2 Billion Over 20 Months
The UAE Central Bank has been steadily building up its gold reserves, with holdings more than doubling from 11.9 billion dirhams at the end of 2021 to...
in5 Startup Incubator Secures AED 9 Billion in Funding, Fueling UAE's Entrepreneurial Ecosystem
Dubai's in5 business incubator has announced that startups in its ecosystem have raised over 9 billion dirhams in total funding since the program laun...
Microsoft's "Edge" Unveils Fully Automated "Eco" Platform for Comprehensive Vulnerability Detection
ORYXLABS, a cybersecurity company under the EDGE Group, has launched ECHO, a fully automated platform that detects and prevents cyber breaches before...
Gold Reaches All-Time High, Investors Flock to Safe-Haven Asset
Gold hit a new record high on Monday, climbing to over $4,000 per ounce as investors rushed to safe-haven assets amid fresh trade tensions between the...
UAE's Digital Services Trade Reaches $93B, Reports World Trade Organization
The UAE has emerged as a major player in global digital services trade, with total trade volume reaching 341.1 billion dirhams ($93 billion) in 2024....
Expand North Star at GITEX Global Empowers Startups from 180 Countries to Grow
Dubai's biggest startup and investor event just wrapped up its 10th anniversary edition, bringing together over 2,000 startups and 1,200 investors fro...
Global Financial Analysts Applaud ADNOC's Growth Plans and Commitment to Corporate Governance
ADNOC's first investor council in Abu Dhabi drew over 500 global investors and financial analysts, marking a significant milestone in the energy giant...
Luxury Hotels in Abu Dhabi's Zayed District Achieve Record-Breaking Occupancy Rates in Q2
Abu Dhabi's Al Dhafra region is quietly becoming the emirate's standout hospitality performer, with hotels there recording the longest guest stays and...
Dubai Police Showcases Latest Innovations at Gitex Global 2025
Dubai Police is showing off its latest tech innovations at GITEX Global 2025, running from October 13-17 at Dubai World Trade Centre. The force is put...
Empowering UAE's Next-Gen Innovators at 'Expand North Star 2025' by du
UAE telecom giant du is returning as the official communications partner for Expand North Star 2025, the world's largest startup and investor gatherin...
UAE Stocks Surge by AED 26.7 Billion in Weekly Gains, Boosting Local Market Performance
UAE stock markets gained 26.78 billion dirhams in market value last week, with foreign investors and financial institutions driving the rally through...
AD.WE Digital Platform Unveiled by Abu Dhabi Energy Department at GITEX 2025
Abu Dhabi's Department of Energy is showing off its AI-powered digital systems at GITEX Global 2025, highlighting how the emirate is reshaping its ene...
Gold Prices Climb for the 8th Consecutive Week: Bullish Trend Continues
Gold prices climbed Friday and are heading toward their eighth straight weekly gain, driven by safe-haven demand and expectations that the Federal Res...
Abu Dhabi's 'New York' Launches Global Financial Competitiveness Institute
NYU Abu Dhabi's Stern Business School just launched the Global Financial Competitiveness Institute, a new research center that uses data science to st...
AI Innovation Shaping the Future: Exploring the Cutting-Edge Advancements at GITEX Global 2025
Dubai is getting ready to host GITEX Global 2025, the world's largest tech event bringing together AI pioneers, startups, and tech companies from Octo...
Unlock Abu Dhabi-London Business Opportunities: Explore Promising Investment Prospects
Abu Dhabi and London business leaders signed several agreements and memorandums of understanding during a major investment forum in the British capita...
Adnoc and Tasweeq Establish Specialized Chemical Port in Al Ruwais
ADNOC Logistics & Services and TA'ZIZ have signed a 50-year agreement to build the UAE's first specialized chemicals port in Ruwais. The $300 million...
UAE's Logistics Hub Status Strengthened by 'Union Rail,' Says Zeyoudi
The UAE's Etihad Rail project is positioning the country as a major global logistics hub, with passenger services set to launch in 2026 alongside mass...
Dubai Launches Mainland Commercial License for Free Zone Companies, Boosting Business Opportunities
Dubai has launched a new permit system that allows free zone companies to operate directly in the mainland market for the first time. This marks a sig...
Dubai Chambers Host Global Trends Dialogue to Empower Business Community
Dubai's Chamber of Commerce hosted a "Global Trends Dialogue" to help local businesses prepare for major economic shifts happening worldwide. The even...