Economy

Amánat Revenues Surge 13% to AED 468 Million in First Half
UAE's Amanat Holdings Surges 13% as Education Boom Drives Multi-Sector Growth Strategy Amanat Holdings has delivered robust first-half 2025 results w...

RAK Real Estate Soars: 80% Profit Surge to AED 160 Million in H1
Ras Al Khaimah Real Estate Delivers Explosive 80% Profit Jump as UAE's Property Boom Spreads Beyond Dubai Ras Al Khaimah Real Estate has posted remar...

Dubai Ports World Generates Remarkable AED 41.14 Billion in Half-Year Revenue
DP World Defies Global Trade Turbulence with 20% Revenue Surge Dubai Ports World (DP World) has delivered a striking 20.4% revenue increase to AED 41...

ADNOC Logistics & Services Receives Massive Ethane Carrier, Boosting Energy Supply Chain
ADNOC's $4 Billion Fleet Expansion Positions UAE as Global Ethane Shipping Powerhouse The UAE is making a bold strategic move to dominate the global...

Ajman Chamber Explores Opportunities for Investors in Ajman and Uganda
Ajman Chamber of Commerce Courts Uganda in Strategic African Investment Push The Ajman Chamber of Commerce is deepening ties with Uganda as part of a...

Emirati Energy Giant 'Taqa' Reports Impressive Earnings of AED 3.7 Billion in H1 2025
UAE Energy Giant TAQA Posts $1 Billion Profit Despite Oil Production Setbacks Abu Dhabi National Energy Company (TAQA) reported a 19.7% decline in ne...

UAE's Abu Dhabi and Dubai Lead Demand for Smart City Solutions
UAE Cities Lead Middle East's AI-Powered Smart City Revolution Abu Dhabi and Dubai have emerged as the dominant forces driving demand for AI-enabled...

Damac Unveils Flexible Payment Plans for Riverside Views Apartments
DAMAC Launches Waterfront Living Phase as Dubai's Property Market Momentum Continues Dubai's largest private property developer DAMAC has unveiled "C...

Dollar Plunges to Multi-Week Low Amid Market Volatility
Dollar Plunges as Fed Rate Cut Bets Fuel Bitcoin's Historic Rally Above $124,000 The US dollar has tumbled to multi-week lows against major currencie...

Oil Prices Surge: Market Dynamics and Global Implications
Oil Prices Rebound Ahead of High-Stakes Trump-Putin Summit Oil markets recovered Thursday from a previous session selloff as traders positioned thems...

Gold Rises on Dollar Decline, Boosting Bullion Prices
Gold Extends Rally as Dollar Weakness Fuels September Rate Cut Speculation Gold climbed for the third consecutive session Thursday, reaching $2,368.9...

Bitcoin Hits New All-Time High, Surging to Unprecedented Levels
Bitcoin Shatters $124,000 Barrier as US Market Rally Fuels Crypto Surge Bitcoin reached a historic milestone Thursday morning, breaking through the $...

Adnoc's Soaring Profits: Unveiling Remarkable Half-Year Financial Results
ADNOC's Listed Companies Post Strong 7% Profit Growth Despite Energy Market Volatility Six ADNOC subsidiaries traded on the Abu Dhabi Securities Exch...

UAE Leads the Region in Next-Gen 5G Technology Advancements
UAE Becomes First Region to Deploy 5G-Advanced Technology, Setting New Global Standard The United Arab Emirates has achieved a significant technologi...

Lulu Retail's Stellar Midyear Profits: 9.1% Growth Hits 466 Million Dirhams
LuLu Retail's Profit Squeeze Reveals Gulf Region's Retail Reality Check Despite achieving record sales and expanding its footprint across the Gulf, L...

Union Insurance Reports 76% Surge in Half-Year Net Profits to AED 22.7 Million
Al Ittihad Insurance Delivers Stunning 76% Profit Surge, Signaling UAE Market Resilience Al Ittihad Insurance has posted a remarkable 76% jump in net...

Dubai International Airport Prepares for Influx of 3.6M Passengers During Back-to-School Peak
Dubai Airport Braces for Record-Breaking Peak as Summer Exodus Reverses Dubai International Airport is preparing for an extraordinary surge in passen...

Dubai Chamber Backs Expansion of 'Al Sharqi Navigation' into Kenya and Uganda
Dubai's Logistics Giant Al Sharqi Navigation Expands into East Africa as UAE Deepens Continental Trade Ties Al Sharqi Navigation, a Dubai-based logis...

Japan's Wholesale Prices Climb 0.2% in July, Signaling Economic Resilience
Japan's Producer Prices Signal Controlled Inflation as Central Bank Policy Shift Takes Hold Japan's wholesale prices rose a modest 0.2% in July, mark...

Brisait Posts Record Revenues Exceeding AED 1 Billion in H1 2025
UAE Tech Giant Presight Holdings Triples Revenue Pipeline as AI Demand Surges Across Emerging Markets Presight Holdings Limited has delivered explosi...

Abu Dhabi Ports Revenues Surge 15% to $1.3B in Q2
Abu Dhabi Ports Surges 15% as Global Trade Routes Shift Through Red Sea Crisis Abu Dhabi Ports Group has capitalized on global supply chain disruptio...