INSEAD Day 4 - 728x90

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

US, Iran exchange fresh strikes as Trump says Tehran wants to ‘settle’

US Central Command (Centcom) said the latest operation struck Iranian command centers, air defense sites, missile and drone capabilities, as well as coastal surveillance facilities used to support military operations.

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they reach rather than travelling farther, while 33% cited information reported in traditional media.

The value imperative: leading growth forward

Business leaders should view disruption as a permanent operating reality rather than a temporary crisis, argues Irfan Bidiwala, Middle East Market Lead at AlixPartners. Drawing on the firm's latest Disruption Index, he says Gulf economies are well positioned to sustain growth through disciplined execution, long-term planning and adaptability. Regional businesses are increasingly embedding transformation into their operations, reflecting confidence in structural strengths despite geopolitical tensions and rapid technological change.

Companies should act now by strengthening financial resilience, embracing AI, diversifying supply chains and remaining lean. Waiting for stability is riskier than preparing for uncertainty, making adaptability and decisive execution the best safeguards for long-term growth.

AI to cancer vaccines: Emerging technologies edge closer to large-scale adoption

World Economic Forum's Top 10 Emerging Technologies Report 2026, developed alongside the Dubai Future Foundation, has identified 10 technologies that it says are likely to achieve significant real-world impact within the next three to five years.

AI success in life sciences depends on people as much as technology: Bain

Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows, modernizing operating models and preparing employees for new ways of working.

Dubai property market cools speculation but retains underlying strength

After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...

Saudi tourist spending rises to $22 billion in Q1 despite drop in foreign arrivals

Domestic travel helped sustain Saudi Arabia's tourism sector in the first quarter, with total visitor numbers rising to 37.2 million and hotel performance strengthening in key religious destinations.

Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets 

Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in Dubai, one of the world's busiest container ports, had been suspended due to a fire after "aerial interception," he adds.

Abu Dhabi residential property sales hit record $19.9bn in 2025

Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment

China’s LNG ambitions take shape

The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.

US, Iran exchange fresh strikes as Trump says Tehran wants to ‘settle’

US Central Command (Centcom) said the latest operation struck Iranian command centers, air defense sites, missile and drone capabilities, as...

Global support for refugees remains strong, but skepticism over asylum claims persists: Ipsos

Thirty-four percent of respondents in the Ipsos survey said genuine refugees should seek asylum in the first safe country they...

Latest News

Lamki: ADNOC’s South Africa acquisition accelerates international growth strategy

Chief Executive Officer ADNOC Distribution Bader Saeed Al Lamki said South Africa was attractive because of its scale and regulatory...

OPEC+ agrees fresh August output hike as Gulf oil production slowly recovers

The producer group approved another increase of 188,000 barrels per day for August, signaling confidence that Gulf oil output can...

Global equities, gold may extend gains in H2 2026 despite market risks: Standard Chartered

UAE and Middle East investors remain supported by stable oil markets, easing geopolitical risk premiums and strong liquidity, the bank...

UN inquiry says Israeli targeting of Palestinian children points to ‘genocidal intent’ in Gaza

The findings were published by the UN Independent International Commission of Inquiry, which said it had found evidence that Palestinian...

Gold prices fall 1 percent on Fed rate rise expectations, gold edges higher

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel by 0026 GMT, while U.S. West Texas Intermediate...

INSEAD Day 1 -300x250
INSEAD Day 1 -300x250

The value imperative: leading growth forward

Companies should act now by strengthening financial resilience, embracing AI, diversifying supply chains and remaining lean. Waiting for stability is riskier than preparing for uncertainty, making adaptability...

AI to cancer vaccines: Emerging technologies edge closer to large-scale adoption

World Economic Forum's Top 10 Emerging Technologies Report 2026, developed alongside the Dubai Future Foundation, has identified 10 technologies that...

EDITOR'S PICK

3 ways travel drives economic growth while enhancing global connections and sustainability

WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs...

EVs just the start, urban mobility needs a holistic approach

Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie...

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private...

TikTok under fire: Espionage claims, election influence campaigns and controversies

The platform faces accusations of espionage in the United States, while the European Union has...

Saudi tourist spending rises to $22 billion in Q1 despite drop in foreign arrivals

Domestic travel helped sustain Saudi Arabia's tourism sector in the first quarter, with total visitor numbers rising to 37.2 million...

Latest News

Gold prices fall 1 percent on Fed rate rise expectations, gold edges higher

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel by 0026 GMT, while U.S. West Texas Intermediate...

Vance rebukes Israeli critics of Trump-Iran deal, says US remains Israel’s only ally

Vance said that if he were serving in Israel's cabinet, he would not be "attacking the only powerful ally that...

Saudi Arabia rises to 13th in global competitiveness rankings

The Kingdom ranked 13th out of 70 economies assessed in the annual report, improving from 17th place a year earlier...

Gold extends winning streak as oil and dollar weaken

The U.S. Dollar Index fell to 99.53, giving back part of the gains it had recently recorded on safe-haven demand....

Saudi Arabia’s residential market weakens in Q1 despite price gains

The slowdown was most pronounced in Riyadh, where transaction volumes and values dropped 82% from a year earlier. Activity also...

AI success in life sciences depends on people as much as technology: Bain

Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows,...

China’s LNG ambitions take shape

The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.

Dubai property market cools speculation but retains underlying strength

After a record-breaking 2025, the Emirate’s market has found a new level and a new temperament., writes Charles Philion, founder...

Middle East conflict: Trade tensions rise as oil jumps and tariffs shake markets 

Several ports suspended operations in the Middle East after drone strikes. DP World said operations at Jebel Ali port in...

Abu Dhabi residential property sales hit record $19.9bn in 2025

Apartments dominated the sales market, accounting for 66% of transactions, reflecting strong developer activity in the segment

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.

Ajman real estate transactions reach $2.94 billion in first half

Dubai, UAE -- Real estate transactions in Ajman totalled more than 10.8 billion dirhams ($2.94 billion) in the first half...
  • The department recorded 6,815 real estate transactions during the January-June period, according to the Ajman Real Estate Index.
  • Trading transactions accounted for 5,435 deals worth 7.64 billion dirhams, while 969 mortgage transactions totalled more than 1.88 billion dirhams.

Turkey’s exports to EU rise 4.7 percent to $55 billion in first half

Dubai, UAE -- Turkey's exports to the European Union rose 4.7 percent in the first half of 2026 to $55...
  • EU-bound shipments accounted for a significant share of Turkey's total exports, which increased 3.6 percent year-on-year to $136 billion during the January-June period.
  • Germany remained Turkey's largest export destination, receiving goods worth $10.1 billion, followed by Italy at $6.8 billion and Spain at $5.6 billion.

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.
  • Total assets rose 4.7 percent to AED94.5 billion as Islamic financing portfolio expanded and customer deposits continued growing strongly.
  • Non-performing financing ratio improved to 3.6 percent while shareholders' equity increased following a AED2.6 billion capital strengthening exercise.