Economy
Diár Achieves 32% Growth in Net Profits, Reaching AED 248.6 Million in H1
Diyar Development Surges 32% as Dubai's Property Boom Accelerates Dubai-based Diyar Development has delivered exceptional first-half 2025 results, wi...
UAE Fuel Prices Soar: Latest Updates for August
UAE Fuel Prices Hold Steady in August 2025 as Regional Energy Markets Stabilize The UAE's Fuel Price Committee has announced relatively stable fuel p...
Gold Rebounds from One-Month Low, Sparking Renewed Investor Interest
Gold Rebounds as Trade War Fears Eclipse Federal Reserve's Hawkish Stance Gold prices recovered Thursday from their lowest point in over a month, as...
Soaring Passenger Volumes at UAE Airports: A Remarkable Surge in Travel
UAE Airports Cement Global Hub Status with Record 71 Million Passengers in First Half of 2025 The UAE's aviation sector is firing on all cylinders, w...
Central Bank Maintains Benchmark Rate at 4.40% Amid Economic Stability
UAE Central Bank Holds Rates Steady as Federal Reserve Maintains Hawkish Stance The UAE Central Bank kept its base rate unchanged at 4.40% for overni...
Startup Incubator 'Ruwad' Fuels Growth: 5 Projects Funded, 23 Training Programs Hosted in Sharjah
Sharjah's Entrepreneurship Drive Gains Momentum with AED 1.12 Million in Direct Funding Sharjah's commitment to nurturing local entrepreneurship is p...
NMDC Boosts Profits by 20% in First Half, Earnings Hit AED 1.8 Billion
NMDC 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...
Layla Al Mansoori