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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

‘UAE outpaces major nations in human development’

“These efforts ensure sustainable development across all sectors, promising a bright future for generations to come,” he adds, referring to...

Are online greetings widening social distance?

Al-Ruwayeh, however, acknowledged that the contacts in the virtual realm have helped some people who suffer from loneliness to compensate...
  • Experts say virtual communication eliminates emotional expressions, but also creates channels for dialogue for many individuals
  • Posting too many Eid greetings simultaneously can create distractions and communication difficulties, they point out

ADMSC, Abu Dhabi Marine ink deal to organize Dalma Race

Abu Dhabi, UAE - Abu Dhabi Marine Sports Club (ADMSC) signed an agreement with Abu Dhabi Marine for the sponsorship...
  • Organized by the Cultural Programs and Heritage Festival Committee and Abu Dhabi Marine Sports Club, it will feature the world’s longest 60ft dhow race – running for 125km.
  • This includes a local souq, traditional activities, competitions and handicrafts, preserving the emirate’s marine heritage for future generations.

‘Saudi Arabia is committed to combat climate change’

The Kingdom is dedicated to collaborating with international and regional partners to find solutions in the climate sector. Saudi Arabia...
  • Saudi Arabia aims to increase the percentage of renewable energy to 50 percent in electricity production by 2030, says minister Adel bin Ahmed Al-Jubeir
  • The Kingdom will produce up to 2.9 million tons of hydrogen annually by 2030 and increase it to 4 million tons annually by 2035, added the Climate Affairs Envoy

UAE leads as infrastructure, technology investments boost logistics performance of GCC countries

The sector across the region, however, needs further improvements in timeliness and tracking and tracing systems, highlights the World Bank's...
  • The sector across the region, however, needs further improvements in timeliness and tracking and tracing systems, highlights the World Bank's latest Logistics Performance Index
  • While the UAE ranks fourth globally for logistics with a LPI score of 7, Qatar, Saudi Arabia, Oman, Bahrain and Kuwait are also doing well, the latest report points out

Qatar sees record expenditure during Eid holidays

The entertainment sector, which includes restaurants, cinemas, and theme parks, attracts customers at record rates during the festive period, especially...
  • Economists expect that the demand for gifts will double, and the demand for recreation will increase during the 11-day Eid holiday in the Gulf country.
  • Ad campaigns and the doubling of Eidiyah contribute to increasing purchasing power and positively reflect on the performance of the two sectors, they add

UAE launches its second nanosatellite DEWA SAT-2

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) successfully launched its second nanosatellite, DEWA SAT-2, aboard SpaceX’s Falcon 9...
  • The launch of DEWA SAT-2 underlines the firm's commitment in using space technologies to improve the operations and maintenance of electricity and water networks.
  • The nanosatellite was designed and developed by Emiratis at DEWA’s Research and Development Center, in collaboration with NanoAvionics in Lithuania.

UAE celebrates Sheikh Zayed’s humanitarian vision

Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and the Ruler of Ajman, described Sheikh Zayed as a role...
  • UAE leaders pay tribute to the late Sheikh Zayed on Zayed Humanitarian Work Day, commemorating his legacy of giving, humanitarianism, and vision for tolerance
  • They emphasized the importance of continuing the Founding Father's work and promoting benevolence within the Emirati community and across the world

Collaboration helps strengthen Emirati workforce

“This also opens new horizons for Emiratis to effectively contribute to the UAE's economic development,” adds Farida Al Ali, Assistant...
  • Collaboration with local HR departments, educational institutions, and private sector companies helps connect with local talent, says a UAE official
  • This also opens new horizons for Emiratis to effectively contribute to the UAE's economic development, adds Farida Al Ali of the country's MoHRE

Future looks bright as businesses meet sustainability

"In Sharjah, we are working hard to bring more balance and harmony to our relationship with the land" she adds,...
  • Sustainability and entrepreneurship is crucial in building a resilient and regenerative world, says Sheikha Bodour Al Qasimi, President of American University of Sharjah
  • The awareness and commitment to be mindful of our impact on the planet should extend far beyond COP28, she adds while speaking at the Sharjah Ramadan Majlis 2023

UAE’s health sector witnesses digital transformation

The Gulf country has an influential and effective international presence and continues to fulfil its obligations in enhancing the efficiency...
  • The UAE supports digital transformation, artificial intelligence, and big data in healthcare worldwide, says UAE's Minister of Health and Prevention
  • The country ranked first in the world in 14 health indicators in 2022, adds Abdul Rahman bin Mohammad bin Nasser Al Owais on World Health Day

Dubai’s media revamp key to navigate new horizons

"There is a need to double efforts to develop a comprehensive blueprint outlining necessary policies to drive the media sector...

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Presight AI, Samruk-Kazyna launch JV

The partnership aims to accelerate digital transformation in Kazakhstan.

ICC pledges to intensify war crime investigations in Israel and Gaza

ICC Chief Prosecutor Karim Khan has vowed to ramp up efforts in investigating war crimes in the Israeli-Palestinian conflict, highlighting...

$656 million committed to Loss & Damage Fund so far

The fund will be housed in the World Bank for four years, a decision accepted by developing nations despite concerns...

Most Read

Act now as climate crisis has reached critical point

"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
  • Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
  • UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

COP28 offers a chance to rethink, reboot and refocus

COP28 UAE provides a crucial chance to reevaluate and intensify efforts, as experts urge pragmatic energy transition strategies to meet...

Water stress levels vary in Arab countries

Some countries face more intense competition for water resources, leading to potentially severe environmental impacts. The contrast underscores the diverse...
  • The region needs to develop and implement sustainable water management strategies to mitigate the growing water scarcity and its potential impacts.
  • The high stress levels in GCC, in particular, highlight an urgent need for these nations to develop and implement sustainable water management strategies.