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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

Palestine wants Russia-Ukraine war to stop: Minister

Hard-pressed to prop up the economy and stem steep price hikes if the Ukraine war continues, Khaled Osaily, Economy Minister...
  • "I pray to God to stop this crazy war,"Osaily told TRENDS during a phone interview from Ramallah. "We don't know what will happen tomorrow
  • Osaily said the PA's predicaments are worse than those of established states."We are under occupation. We don't have a central bank or currency. We are unable to finance salaries"

Israel stock exchange eyes GCC investors

In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the...
  • The UAE is key to the relatively small but growing Israeli bourse’s new strategy of “going east” to globalize its foreign investment pool
  • Tel Aviv Stock Exchange has traditionally been heavily oriented towards the US, but is now looking to expand to the GCC and the rest of the world

Israeli tech firms line up for UAE manpower

Dozens of Israeli high tech companies are keen to open units in Dubai or Abu Dhabi after Rapyd's decision to...
  • About a dozen portfolio firms of Israeli venture capital fund OurCrowd actively seek to open units in Dubai or Abu Dhabi, says its CEO Jon Medved
  • Israeli fintech firm Rapyd is the first to decide that it will open an office in the UAE following the normalization of ties between the two countries

UAE-Israel free trade deal likely by March: Envoy

The two countries are on track to finish negotiations on a Free Trade Agreement by March or April, Israel's first...
  • The success of relations with the UAE is pivotal to attract other countries to normalize ties with Israel, says Amir Hayek, Israel's first ambassador to the UAE
  • Trade between the two countries increased nearly tenfold during the first 11 months of 2021

Israel eyes influx of tourists from UAE, Bahrain

Israel is anticipating a significant influx of Emirati and Bahraini tourists as the global tourism industry starts recovering from the...
  • Israel expects 100,000 tourists a year from the UAE and Bahrain, with each tourist spending $1,500 per vacation
  • The Jewish state is expected to make $150 million annually in revenues from the Gulf tourists

Israel’s Expo pavilion mirrors warming ties with UAE

The visits of several Israeli ministers so far show the importance the Jewish state attributes to the event.
  • The future of Israel-UAE relations depends on how they are affected by major flareups over Jerusalem or other aspects of the Israeli-Palestinian conflict.
  • The UAE has become one of Israel's top twenty trading partners in 2021. Food security, agriculture tech and water management are key areas of partnership.

West Bank crisis deepens with Israeli employment ban

As the West Bank grapples with its worst economic crisis in two decades, sparked by Israel's ban on Palestinian day...

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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...

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...

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...

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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

Palestine wants Russia-Ukraine war to stop: Minister

Hard-pressed to prop up the economy and stem steep price hikes if the Ukraine war continues, Khaled Osaily, Economy Minister...
  • "I pray to God to stop this crazy war,"Osaily told TRENDS during a phone interview from Ramallah. "We don't know what will happen tomorrow
  • Osaily said the PA's predicaments are worse than those of established states."We are under occupation. We don't have a central bank or currency. We are unable to finance salaries"

Israel stock exchange eyes GCC investors

In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the...
  • The UAE is key to the relatively small but growing Israeli bourse’s new strategy of “going east” to globalize its foreign investment pool
  • Tel Aviv Stock Exchange has traditionally been heavily oriented towards the US, but is now looking to expand to the GCC and the rest of the world