Search Site

Trends banner

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.

New deal to transform Dubai into a Global Music City

The MoU aims to strengthen the emirate's creative economy and support entrepreneurs, individuals, and the local music and artistic production...
  • Dubai Culture has forged a strategic alliance with Music Nation Copyrights Management and DGMC Production to propel the emirate's music industry to worldwide recognition
  • The partnership aims to ensure that these business structures bolster the success of local industries while leveraging the expertise of Music Nation and DGMC, says an official

Arab women embrace technology, innovation

Initiatives such as STEM and Women in Tech are crucial in bridging the gender gap and empowering women to drive...
  • Arab countries are fostering a progressive environment for women, enabling them to participate in economic and technological transformations, says an expert
  • Noha Kadry, Regional Program Manager at Red Hat Academy, highlights the significant strides women have made in tech industry, leading firms and inspiring others

Rise in legal awareness leads to fewer labor disputes

An improved awareness of laws among companies and individuals, as well as successful awareness campaigns conducted by ADJD in collaboration...
  • Abu Dhabi sees a 40% drop in labor disputes in 2022 compared to 2021, thanks to increased legal awareness and successful campaigns by the Abu Dhabi Judicial Department
  • The efficient handling of labor disputes in the labor court and the advancement of legal procedures in labor cases have contributed to enhancing economic stability of the UAE

Improving ICT infrastructure and digital skills to bolster tourism in Emerging Asian economies

The pandemic changed tourist preferences, with greater interest in local travel, nature destinations, and wellness tourism. It also heightened awareness...
  • Tourism is beginning to rebound as restrictions implemented in response to the COVID-19 pandemic have been lifted, says an OECD report
  • The post-lockdown reopening of China will serve to counterbalance and provide a necessary economic boost for the region, it predicts

GCC smart home market set to hit US$1.88bn by 2028

Government initiatives and rising incomes are driving growth in the market, along with increased demand for indoor temperature control and...
  • Government initiatives and rising incomes are driving growth in the market, along with increased demand for indoor temperature control and security systems, says a report
  • Rapid advancements in the sector have led to increasing availability of advanced control and connectivity applications that users can integrate into smart homes, it adds

SWFC to boost Canada-UAE investment partnership

The SWFC will help identify opportunities for strategic capital collaboration and thought leadership between Canadian Public Pension Funds (PPFs) and...
  • The Canada-UAE Sovereign Wealth Fund Council aims to harness synergies between Canadian Public Pension Funds and UAE Sovereign Wealth Funds in global markets
  • Designed to offer an investment collaboration framework with a more dynamic and flexible structure, the SWFC will benefit Canada and the UAE as two key investment allies

Historic indictment: Trump becomes first former US president to face criminal charges

A New York grand jury has indicted former US President Donald Trump over hush money payments made to porn star...
  • A New York grand jury has indicted former US President Donald Trump over hush money payments made to porn star Stormy Daniels during his 2016 campaign
  • This makes Trump the first former US president to face criminal charges, potentially disrupting his aspirations to regain office in the current presidential race

Emirati, regional leaders wish new UAE VP, Abu Dhabi Crown Prince, deputy rulers success in their roles

The decision of the UAE President Sheikh Mohamed bin Zayed Al Nahyan to name Tahnoun bin Zayed, who is the...
  • Qatar's Emir Sheikh Tamim bin Hamad Al Thani was the first among regional leaders to congratulate the UAE President on the move
  • The UAE leaders meanwhile, also appreciated the latest decisions of Sheikh Mohamed bin Zayed and congratulated the new appointees

Millions rely on humanitarian assistance for survival

“Human life in any circumstance is precious. It is God’s gift and therefore deserves to be nurtured and lived to...
  • The Big Heart Foundation introduces the "Enlighten their Future" campaign to support underprivileged communities during Ramadan, says its director
  • The campaign seeks to unite the global community, private sector businesses, and government entities in providing crucial support for those in need

UAE replaces Bahrain as most happiest Arab country

The United Arab Emirates takes the lead as the happiest Arab country in 2023, according to the World Happiness Report,...

RSG, Hyundai Motor ink pact

The two firms will explore opportunities in various areas.

Company News

Latest News

UAE President announces $30bn Global Climate Fund at COP28 meet

In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...

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...

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...

Most Read

China announces 25 measures to aid private businesses

Beijing, China - China's central bank and several government agencies unveiled 25 new measures Monday to support private economy.These initiatives...
  • These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the private sector
  • These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the sector crucial for the country's economic progress.

It’s official: Saudi Arabia will host World Expo 2030

The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness,...
  • The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness, and global connectivity.
  • This monumental global event in Riyadh will showcase Saudi Arabia's transformation and commitment to a forward-looking and sustainable future.

Key contender Riyadh eyes Expo 2030 win tomorrow

Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation,...
  • Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation, sustainability, and global unity.
  • A successful bid could transform Saudi Arabia's tourism and business landscape, marking a significant milestone in its journey towards global prominence.