Friday, September 5, 2025

Economy

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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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 $...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...