UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

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

Israeli attacks kill 7 Palestinians in Gaza as France and Qatar call for two-state solution

Gaza's health ministry said Israeli attacks had killed 1,534 Palestinians and wounded 5,486 since the ceasefire began. Rescue teams had...
  • Qatar and France have reaffirmed their support for a two-state solution and called for the implementation of the Gaza ceasefire.
  • Israeli air strikes and explosions were reported across southern Lebanon, while Israeli forces continued demolitions in towns and villages near the border.

Israeli strike in southern Lebanon triggers 4.1 magnitude tremor

An Israeli strike on an alleged Hezbollah tunnel complex in southern Lebanon triggered a 4.1 magnitude tremor, after one of...
  • Israel says the underground complex contained Iranian-made rockets, missiles, drones and weapons as tensions rise along the Lebanon-Israel border.
  • Israeli forces continue to occupy a so-called security zone in southern Lebanon, while Beirut authorities say Israeli strikes have killed more than 4,300 people since March.

UAE insurance assets rise 6.1 percent to $44.9 billion in 2025

Assets held by UAE insurance companies rose 6.1 percent to AED164.9 billion ($44.9 billion) in 2025, the Central Bank of...
  • UAE insurers’ profits jumped to AED4 billion, while invested assets accounted for 58.4 percent of total sector assets.
  • Active policies reached 17.3 million, with health coverage rising sharply after mandatory basic insurance requirements took effect nationwide.

MENA energy transition slips as Hormuz crisis exposes security gaps: WEF

Hormuz disruption and weakening policy commitment dragged down Middle East transition readiness in 2026. Saudi Arabia bucked the trend with...
  • UAE retains region's top ranking globally at 49th, anchored by strong equity, regulation and political commitment scores.
  • Global transition readiness fell for first time in over a decade despite record $2.3 trillion clean energy investment.

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.
  • The company plans to scale its mobility and convenience platform, including EV charging and AI-enabled initiatives.
  • ADNOC Distribution said two upcoming dividend payments will total $525 million, subject to board approval.

Financial frauds cost global economy over $442bn in 2025: INTERPOL

AI-enhanced fraud is 4.5 times more profitable than traditional methods. “Agentic AI” systems can autonomously plan and execute complete fraud...
  • However, the report also found that law enforcement authorities are collaborating more effectively.
  • Since 2024, the number of fraud-related Notices and Diffusions has increased by 54 percent.

IHC shareholders approve share buyback of up to $1.36 billion

The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...
  • The repurchase will be carried out in coordination with the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX).
  • IHC did not provide further details on the timing of the repurchase in the latest disclosure, but the move comes as the conglomerate seeks to enhance shareholder value.

Flynas posts 2025 loss despite revenue growth, Q4 profit rebound

Saudi Arabia’s low-cost carrier flynas posted a net loss of SAR 527 million in 2025, compared with a net profit...
  • Saudi low-cost carrier reports revenue growth but swings to annual loss due to one-off IPO-related expenses.
  • Adjusted net profit rises after excluding SAR 1.08 billion in non-recurring costs linked to employee shares.

MEA market decision-making cycle is fast but risk-averse: Ralph Melis 

The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...
  • The real shift is that AI becomes the interface. Users no longer need technical knowledge or experience navigating complex systems.
  • They simply prompt their way forward—asking natural-language questions and receiving accurate comparisons, recommendations, and insights instantly.

Saudi knowledge economy accelerates as Vision 2030 targets move within reach

The government has successfully implemented more than 900 reforms, including restructuring legal and labor frameworks, establishing new public authorities, and...
  • Saudi Arabia’s digital economy is valued at $132 billion, accounting for 15 percent of GDP.
  • The government has invested more than $20.7 billion in AI technologies and data center infrastructure.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

Latest News

Cyberattack hits hundreds of US businesses

A US IT company urges customers to shut down their servers after the attack UN Security Council members recently warned...

Oil prices extend gains after OPEC+ talks fail, equities mixed

Brent broke above $77 for the first time since 2018 Breakdown of talks raises the possibility of $100 a barrel...

UAE insurance assets rise 6.1 percent to $44.9 billion in 2025

Assets held by UAE insurance companies rose 6.1 percent to AED164.9 billion ($44.9 billion) in 2025, the Central Bank of...

MENA energy transition slips as Hormuz crisis exposes security gaps: WEF

Hormuz disruption and weakening policy commitment dragged down Middle East transition readiness in 2026. Saudi Arabia bucked the trend with...

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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IHC shareholders approve share buyback of up to $1.36 billion

The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...
  • The repurchase will be carried out in coordination with the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX).
  • IHC did not provide further details on the timing of the repurchase in the latest disclosure, but the move comes as the conglomerate seeks to enhance shareholder value.

Flynas posts 2025 loss despite revenue growth, Q4 profit rebound

Saudi Arabia’s low-cost carrier flynas posted a net loss of SAR 527 million in 2025, compared with a net profit...
  • Saudi low-cost carrier reports revenue growth but swings to annual loss due to one-off IPO-related expenses.
  • Adjusted net profit rises after excluding SAR 1.08 billion in non-recurring costs linked to employee shares.

MEA market decision-making cycle is fast but risk-averse: Ralph Melis 

The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...
  • The real shift is that AI becomes the interface. Users no longer need technical knowledge or experience navigating complex systems.
  • They simply prompt their way forward—asking natural-language questions and receiving accurate comparisons, recommendations, and insights instantly.