Science
NYU Abu Dhabi team develops wireless pill to control gut neurons
Abu Dhabi, UAE -- Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate...
- The technology was created by Khalil Ramadi, Assistant Professor of Bioengineering at NYU Abu Dhabi and NYU Tandon, and his team.
- The capsule works without a battery, receiving power wirelessly through magnetic induction from an external transmitter.
Geostrategy
Over 12,000 Wi-Fi breaches recorded in UAE since start of year
Abu Dhabi, UAE -- The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...
- UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks.
- According to the Council, these incidents account for nearly 35 percent of the total cyberattacks reported in the UAE.
Business
TAQA secures $2.31bn loan
It will be utilized in a phased manner.
- The two-year tenor also aligns well with TAQA’s maturity profile, as the Group has no corporate debt maturities scheduled in 2027.
- This facility complements TAQA’s existing corporate funding framework, which includes a US$20 billion Global Medium Term Note (GMTN) program.
Business
Big-ticket events boost international tourism and economic growth
Dubai, UAE -- ‘Big-ticket’ events are playing a pivotal role in driving international tourism and accelerating economic growth, according to...
- In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029.
- Global business travel reached a record US$1.4 trillion in 2024 and is projected to rise to US$2 trillion by 2030.
Business
Dubai International Chamber attracts 31 MNCs to Dubai in H1
Dubai, UAE -- Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has announced...
- It attracted 143 companies to Dubai during H1 2025, representing a 138 percent increase compared to the 60 companies attracted in H1 2024.
- A total of 112 small and medium-sized enterprises (SMEs) were attracted during H1 2025.
Business
ADNOC Gas signs LNG deal
Will supply 0.5mmtpa of LNG to India's HPCL.
- The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of 6 mmtpa.
- As the world's third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations.
Business
Emirates NBD H1 profit $3.40bn
Total income rose by 12 percent in the same period.
- Lending increased by AED41 billion, or 8 percent, during the first half of 2025, fueled by very strong demand both in the UAE and across its growing international network.
- Operating profit grew 9 percent as the strong loan and deposit growth momentum easily absorbed earlier interest rate cuts.
Opinion
Media’s Role in the Age of Algorithms
In a world where 5 billion people are active on social media, our digital voices shape culture, foster belonging, and...
- Whether you are a content creator, a journalist, or strategist, your online voice contributes to the values we transmit and the legacy we leave behind.
- You are not following trends but shaping the emotional and intellectual tone of your generation.
Geostrategy
Aldar nets $953m in sales at Fahid
Aldar said 42 percent of the buyers are under the age of 45.
- Nearly 42 percent of buyers are under the age of 45, signaling growing demand for luxury wellness-focused living among younger demographics.
- Notably, 67 percent of buyers are first-time Aldar customers, demonstrating Aldar’s expansive reach and the appeal of the Group’s thoughtfully curated destinations.
Business
Saudi EXIM Bank signs MoU with Credit Oman to boost bilateral exports
Copenhagen, Denmark -- The Saudi Export-Import Bank (Saudi EXIM) participated as a sponsor of the TXF Global 2025 conference held...
- Saudi EXIM participated as a sponsor of the TXF Global 2025 conference held in Copenhagen, Denmark, from June 10 to 12.
- Saudi EXIM Bank is a reliable partner in the global trade ecosystem, said CEO Eng. Saad bin Abdulaziz AlKhalb.
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Company News
Latest News
Millions join ‘No Kings’ protests across US
Geostrategy
National Bonds reports record 2025 results as funds exceed $4.9 billion
National Bonds said it posted its strongest annual performance in two decades, with bondholders’ funds surpassing $4.9 billion in 2025....
Business
Countdown begins for NASA’s historic Moon mission
If successful, Artemis II will carry four astronauts on a lunar flyby, testing critical systems needed for future missions that...
Geostrategy
AD Ports records $564 million 2025 net profit
The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...
Most Read
Geostrategy
Millions join ‘No Kings’ protests across US
More than 3,000 rallies were held across all 50 states, with participation estimates ranging from several million to as many...
- The protests, organized under a decentralized movement opposing what demonstrators describe as authoritarian governance, also drew support in more than a dozen countries.
- The scale of the protests signals renewed momentum among critics of Trump and could have implications for upcoming elections, analysts say.
Business
Emaar Development to pay $1.1 billion dividend
The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...
- EBITDA increased 52 percent to roughly $3.9 billion, with net profit before tax reaching $4.2 billion.
- The developer highlighted a revenue backlog of approximately $34.1 billion supporting future growth visibility.
Business
Empower okays $119.1m H2 2025 dividend
The dividend is equivalent to 43.75% of paid-up capital.
- It was approved at a meeting attended by 85 percent of shareholders.
- The company also ratified its 2025 financial statements and performance report.