Economy
NMDC Boosts Profits by 20% in First Half, Earnings Hit AED 1.8 Billion
Layla Al MansooriNMDC Group Defies Market Headwinds with 20% Profit Surge in First Half 2025 Abu Dhabi-based NMDC Group has emerged as a standout performer in the Mid...
Innovative Maritime Service Connecting America and Great Lakes East Regions Launches
UAE's Gulftainer Expands Caribbean Trade Route with New Florida-Puerto Rico Shipping Service Gulftainer America has launched a strategic monthly barg...
Chinese State-Owned Firms Struggle with Profit Decline in First Half of Year
China's State Giants Signal Economic Headwinds as Profits Tumble in Early 2025 China's massive state-owned enterprise sector is showing clear signs o...
Jordan's Tourism Surge: Saudi Arabia and UAE Lead as Visitor Numbers Soar in First Half
Jordan's Tourism Boom: Gulf Visitors Drive 14% Growth Despite Regional Turmoil Jordan's tourism sector has defied regional instability to post impres...
Foodco Holding Reports AED 2.1 Billion in Half-Year Revenue, Showcasing Robust Growth
UAE's Ghidaa Holding Posts 23% Profit Surge as Food Security Strategy Pays Off Ghidaa Holding, a subsidiary of International Holding Company, has del...
Ajman Bank and Mansa Platform Partner to Modernize Wage Protection Services
UAE's Ajman Bank Partners with Fintech to Digitize Worker Wage Protection System Ajman Bank has signed a strategic partnership with MENSA, a speciali...
Gold Climbs Amid Anticipation of Federal Reserve's Decision
Gold Hits Record Highs as Markets Await Federal Reserve's Next Move Gold prices surged to unprecedented levels on Wednesday, climbing above $2,329 pe...
UAE's Small and Medium Enterprises Secure AED 81 Billion in Financing, Driving Economic Growth
UAE Banks Lead Regional Push to Close $5.2 Trillion SME Funding Gap The UAE's financial institutions are spearheading efforts to address one of the M...
Multiplay Group's Stellar Q2 Profits Soar to AED 214 Million
Multiplay Group Posts Strong Q2 Growth Despite Currency Headwinds UAE-based Multiplay Group delivered robust second-quarter results with net profits...
China Debut: Leading Naval Tech Firm 'Navatom' Opens First Shanghai Office
Abu Dhabi Ports Expands Maritime Empire with Strategic Shanghai Office Opening Abu Dhabi Ports Group has officially opened its first Shanghai office...
Dubai Airport Sees Surge: 46 Million Passengers in First Half of 2025
Dubai Airport Smashes Records with 46 Million Passengers as Regional Tensions Fail to Deter Growth Dubai International Airport has defied regional in...
UAE Nuclear Energy Agency and Samsung Explore Investment Opportunities
UAE Nuclear Giant Partners with Samsung to Chase Global Clean Energy Opportunities The Emirates Nuclear Energy Corporation (ENEC) has signed a memora...
Free Zones Authority Inks Deal with Panama Government to Boost Trade and Investment Opportunities
Panama Positions Itself as Latin America's Free Zone Hub with Major 2026 Conference Deal Panama has secured hosting rights for the World Free Zones O...
The Dar Records Robust H1 2025 Earnings of AED 4.1 Billion, Showcasing Remarkable Growth
Aldar Properties Soars 24% as UAE's Luxury Real Estate Boom Attracts Global Capital Abu Dhabi's largest developer Aldar Properties has delivered exce...
Thousands Benefit from Corporate Tax Registration Late Fee Waiver Initiative
UAE Corporate Tax Registration Amnesty Reaches 33,900 Companies as Final Deadline Looms The UAE's Federal Tax Authority has granted registration pena...
Gold Slides Near 3-Week Low as Dollar Rallies
Gold Hovers Near Three-Week Lows as Dollar Strength Undermines Safe-Haven Appeal Gold prices remained largely unchanged on Tuesday, lingering near th...
Oil Prices Slide Amid Economic Uncertainty: Navigating Volatile Markets
Oil Prices Retreat as Global Economic Uncertainty Overshadows Recent Rally Oil prices pulled back on Tuesday as traders grappled with mixed signals f...
Dubai Airport Records Highest Passenger Traffic in Its History During the First Half
Dubai International Airport Smashes Records as Middle East Aviation Hub Proves Unstoppable Dubai International Airport has cemented its position as t...
UAE Stocks Gain $2.8 Billion on Strong Start to the Week
UAE Stock Markets Hit Fresh Highs as Foreign Capital Flows Signal Growing Confidence The UAE's equity markets delivered a strong start to the week, w...
Abu Dhabi Development Fund Lays Foundation for Salalah Investment Project
UAE-Oman Tourism Partnership Takes Shape with $208 Million Salalah Resort Development The Abu Dhabi Fund for Development has broken ground on a major...
Dubai Unveils Pioneering Guide for Family Business Advisors
**Dubai Launches First-Ever Family Business Advisory Registry as Gulf States Race to Capture Generational Wealth** Dubai has unveiled its first compr...