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Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Israel’s triple crisis: War, politics and economy

Israel grapples with escalating uncertainty as the Gaza conflict persists, stirring military, political, and economic turmoil alongside rising fears of...

Israeli settler violence wreaks havoc on Palestinian economic growth and internal trade

Clothing stores, restaurants, tourism establishments and hotels are experiencing a sixty percent drop in business due to intensified violence, an...
  • “The biggest impact is on internal trade,” says Rabeh Morrar, research director of MAS, the Palestine Economic Policy Research Institute in Ramallah
  • The surge of settler attacks increases the challenges of an already weak and vulnerable economy that is already hit by Israeli strictures on movement

Proposed judicial overhaul threatens Gulf investment in Israel, Abraham Accords: Experts

The weakening of the judiciary and concentration of power will harm the high tech sector, deter foreign investment and make...
  • The leaders of the high tech industry worry that, after the overhaul, there won’t be independent courts to protect investments
  • High tech is the main growth engine of the Israeli economy, accounting for nearly half of the country's exports in 2022

UAE-Israel ties solid despite clashes in Palestine

The Israeli-UAE trade is likely to get an added boost in the next few weeks as an anticipated signing of...
  • The Israeli-UAE trade is likeiy to get an added boost in next few weeks as an anticipated signing of a customs agreement will enable the FTA signed last year to go into effect
  • Israel imports diamonds, electronic equipment, IT, and communications equipment from the UAE and mainly exports diamonds, electronic equipment and cosmetics

Netanyahu will safeguard ties with UAE, KSA despite pressure from far-right allies: Israel’s ex-minister

However, economic and people-to-people ties between Israel and its Abraham Accords partners will be affected due to the hard right...
  • However, economic and people-to-people ties between Israel and its Abraham Accords partners will be affected due to the hard right nature of Israel’s coalition, says Esawi Frej
  • Netanyahu’s trumpeting of a possible Israeli breakthrough with Saudi Arabia is unfounded, adds Israel’s former minister for regional cooperation

Israeli ‘reforms’ may hit economy, fear businesses

Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a...
  • Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a bare majority, won't impact the economy
  • Critics say the move will give unlimited power to cabinet and destroy Israel’s delicate system of checks and balances, They accuse Netanyahu of pushing the change to escape jail

Palestinian businesses in West Bank wary of Netanyahu government, cheap goods

The Palestinian govt has no money to support would-be entrepreneurs, environment for foreign investors is too risky and the Israeli...
  • Israeli occupation impacts everything, including tariffs, storage costs and barring Palestinians from exploiting the economic potential of Area C.
  • The Palestinian Authority is failing the Palestinian stone companies by not defending their local market from foreign competition, say experts.

Brewed in Palestine, Taybeh beer comes to the UAE

The beer will not offend religious sensibilities in UAE as it is aimed at foreigners and also because it produces...
  • The West Bank's beverage last week passed past an army roadblock on its way to the Israeli port of Ashdod from where it is exported to the UAE
  • Selling in the UAE market has both financial and symbolic value for Taybeh, which was launched in 1994 as the first microbrewery in the Middle East

Al Barakah plans to set up unit in Jewish state as Israeli consumers savor UAE’s silan, date sugar

Sales of Al Barakah silan in Israel have tripled to 3,000 tons over the past two years, making Israel the...
  • Sales of Al Barakah silan in Israel have tripled to 3,000 tons over the past two years, making Israel the fifth largest market for its date syrup, says a top company official
  • Israeli-UAE normalization has facilitated the transport of date products, by enabling direct shipping to Haifa and Ashdod ports in Israel, adds operations director Yousuf Saleem

Israel eyes warmer KSA ties as crown prince turns PM

As long as the Palestinian saga is open, Saudi Arabia will not have full normalization of ties with Israel. However,...
  • Unlike the UAE, Saudi Arabia will need to do a lot of explaining to a population that is not largely expatriate.
  • Experts say that even with the UAE, while trade and economic links exceed expectations, there is little progress on people to people movement.

No rift with Arab govts over Abu Akleh’s death: Israel

Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign...
  • Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign ministry director for Middle East affairs, tells TRENDS
  • The Israeli army cannot be trusted to investigate itself, says Dror Sadot, spokeswoman for the Israeli human rights group B'tselem

Israel’s triple crisis: War, politics and economy

Israel grapples with escalating uncertainty as the Gaza conflict persists, stirring military, political, and economic turmoil alongside rising fears of...

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UAE-Israel ties solid despite clashes in Palestine

The Israeli-UAE trade is likely to get an added boost in the next few weeks as an anticipated signing of...

Netanyahu will safeguard ties with UAE, KSA despite pressure from far-right allies: Israel’s ex-minister

However, economic and people-to-people ties between Israel and its Abraham Accords partners will be affected due to the hard right...

Israeli ‘reforms’ may hit economy, fear businesses

Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a...

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Brewed in Palestine, Taybeh beer comes to the UAE

The beer will not offend religious sensibilities in UAE as it is aimed at foreigners and also because it produces...
  • The West Bank's beverage last week passed past an army roadblock on its way to the Israeli port of Ashdod from where it is exported to the UAE
  • Selling in the UAE market has both financial and symbolic value for Taybeh, which was launched in 1994 as the first microbrewery in the Middle East

Al Barakah plans to set up unit in Jewish state as Israeli consumers savor UAE’s silan, date sugar

Sales of Al Barakah silan in Israel have tripled to 3,000 tons over the past two years, making Israel the...
  • Sales of Al Barakah silan in Israel have tripled to 3,000 tons over the past two years, making Israel the fifth largest market for its date syrup, says a top company official
  • Israeli-UAE normalization has facilitated the transport of date products, by enabling direct shipping to Haifa and Ashdod ports in Israel, adds operations director Yousuf Saleem

Israel eyes warmer KSA ties as crown prince turns PM

As long as the Palestinian saga is open, Saudi Arabia will not have full normalization of ties with Israel. However,...
  • Unlike the UAE, Saudi Arabia will need to do a lot of explaining to a population that is not largely expatriate.
  • Experts say that even with the UAE, while trade and economic links exceed expectations, there is little progress on people to people movement.