Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Rubio warns Iran peace deal remains extremely difficult

Tehran conditions Hormuz reopening on concessions; Pakistan chief renews Tehran mediation efforts; US rules out strikes before midterms; Oil climbs amid Hormuz supply fears

UAE enterprises face AI governance gap as security risks mount

A new Microsoft, CPX and IDC study finds widespread AI security risks, unauthorized tool use and limited preparedness for autonomous systems across UAE enterprises.

Managing risk as telecom operators expand into digital finance

For decades, telecom operators have built businesses with monitoring and controls for service visibility designed into their operations. We know when a network is slow, when a tower goes down, or when service quality starts to degrade. Call and data flows through the network are understood and closely monitored for service availability.

But now, as telecom operators expand into digital finance, service continuity and transaction reliability carry even bigger stakes, writes Donald Reinhart, co-founder and CEO of LATRO. The risks are different. And unlike obvious problems, such as a senior executive with no roaming service, many of the biggest issues with financial transactions carried through mobile networks...

UAE ranks first in MENA, sixth globally in AI-human skills readiness

Coursera’s new AI-Human Skills Synergy Index says AI course enrollments in the UAE increased 75% year over year, with AI and machine learning foundations, data and analytics among the leading themes.

94.8% Arab youth see mental health as shared responsibility, study shows

The study, titled “Mental Health Among Arab Youth: A Development Framework for Readiness and Well-Being 2026”, showed that 97.4% of participants believed psychological safety and stability encouraged innovation, initiative and the exploration of new ideas.

Saudi mega-projects could generate 35% of power needs through on-site renewables

A BCG report says rooftop solar and decentralized renewable systems can lower electricity costs, reduce emissions and help developers meet...

GCC banks need stronger safeguards amid geopolitical uncertainty, KPMG says

KPMG says banks can strengthen portfolios through scenario analysis, stronger governance and monitoring as geopolitical tensions threaten borrowers, funding conditions and asset quality across region.

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

UAE archaeological finds reveal new human history insights

Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.

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.

Rubio warns Iran peace deal remains extremely difficult

Tehran conditions Hormuz reopening on concessions; Pakistan chief renews Tehran mediation efforts; US rules out strikes before midterms; Oil climbs...

UAE enterprises face AI governance gap as security risks mount

A new Microsoft, CPX and IDC study finds widespread AI security risks, unauthorized tool use and limited preparedness for autonomous...

Latest News

Gulf economies may not recover to pre-war levels soon as shock will hit many sectors, IMF warns

The IMF projects the Middle East and Central Asia region will contract 0.3 percent in 2026, reflecting its exposure to...

Trump says Houthis ‘misbehaving very badly’ as Saudi airport shutdown disrupts flights

Etihad Airways cancelled flights between Abu Dhabi and Riyadh until October 19, while services to Dammam were heavily disrupted. Qatar...

BP pulls out of Riyadh energy congress after airport attack

Saudi Arabia pressed ahead with its five-day energy gathering, signing cooperation agreements with Kuwait, Qatar and Egypt despite travel disruption...

UAE economy grows 0.4% in first half as non-oil sectors expand

Non-oil activities accounted for 79.2% of the economy, led by trade, finance, construction and manufacturing, despite a second-quarter contraction amid...

UAE, Tanzania launch Green Silk Road food corridor

The Tanzania-UAE Green Silk Road will link farming, processing, storage, logistics, trade and markets in an integrated food security corridor...

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

Managing risk as telecom operators expand into digital finance

But now, as telecom operators expand into digital finance, service continuity and transaction reliability carry even bigger stakes, writes Donald Reinhart, co-founder and CEO of LATRO. The...

UAE ranks first in MENA, sixth globally in AI-human skills readiness

Coursera’s new AI-Human Skills Synergy Index says AI course enrollments in the UAE increased 75% year over year, with AI...

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...

GCC banks need stronger safeguards amid geopolitical uncertainty, KPMG says

KPMG says banks can strengthen portfolios through scenario analysis, stronger governance and monitoring as geopolitical tensions threaten borrowers, funding conditions...

Latest News

UAE, Tanzania launch Green Silk Road food corridor

The Tanzania-UAE Green Silk Road will link farming, processing, storage, logistics, trade and markets in an integrated food security corridor...

UAE outward investment reaches $63.4 billion as global footprint expands

The country's sovereign funds and companies expanded investments across six continents in energy, logistics, technology, healthcare and other sectors, as...

UAE deploys AI agents at scale, Dataiku study finds

the research shows that 62% of UAE CIOs estimate that more than 50 AI agents are actively running in production...

Flydubai suspends Israel flights after emergency landing

Flight FZ1073 was carrying 174 people, most of them Israeli nationals, when a violent confrontation reportedly broke out in the...

Fatima El Mansouri appointed Morocco’s first woman prime minister

Fatima Ezzahra El Mansouri is the second woman to serve as prime minister in the Arab world after Najla Bouden’s...

94.8% Arab youth see mental health as shared responsibility, study shows

The study, titled “Mental Health Among Arab Youth: A Development Framework for Readiness and Well-Being 2026”, showed that 97.4% of...

UAE archaeological finds reveal new human history insights

Discoveries spanning prehistoric settlements, Bronze Age tombs and heritage sites are deepening understanding of ancient communities and their regional connections.

Saudi mega-projects could generate 35% of power needs through on-site renewables

A BCG report says rooftop solar and decentralized renewable systems can lower electricity costs, reduce emissions and help developers meet...

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.

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding
  • Mashreq's inaugural offshore renminbi bond attracted orders of 2.3 billion yuan, more than twice the issue size, the bank said.
  • The bond is expected to list in Luxembourg and Dubai, with settlement through Euroclear, Clearstream and Hong Kong's Central Moneymarkets Unit.

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units
  • The forward purchase agreement covers more than 1,100 residential units in nine buildings, with Arada scheduled to deliver them in late 2029.
  • Aljada is planned to contain about 25,000 homes and has already recorded more than 8,800 residential handovers since 2021.

MENA could unlock $1 trillion value by 2030

“The opportunity for MENA is significant, and the value will come from execution,” said Wissam Yassine, partner and Middle East...
  • A survey found that 89% of respondents considered AI to have high or very high potential to advance their organisations' environmental, social and governance goals.
  • However, only 40% to 55% of respondents, depending on the use case, said their sustainable AI adoption had reached the pilot or scaled stage.