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DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Hospitality leaders to gather in Dubai for Commercial Strategy Conference

Dubai, UAE -- The region's top hospitality professionals will converge at the Conrad Dubai Hotel on November 25-26, 2025, for...
  • The eighth annual conference will showcase the industry's brightest minds and future leaders.
  • Attendees can fast-track professional development with pre-conference certification courses and networking.

Neo Space Group launches Saudi Arabia’s first earth observation marketplace

Riyadh, Saudi Arabia -- Neo Space Group (NSG), a Public Investment Fund (PIF) company, has announced the launch of the...
  • NSG stated that the EO Marketplace will bring together a growing network of EO data providers and value-added service providers offering advanced geospatial analytics
  • The platform is built to empower public sector agencies, Saudi companies, and international users by offering a wide range of high-resolution satellite imagery

24 Dubai real-estate projects worth $1.22bn completed in H1

Dubai, UAE -- The first half of 2025 saw the completion of 24 real estate projects valued at AED 4.5...
  • This momentum is part of a wider growth trajectory, with 726 projects currently under construction across the emirate.
  • Dubai’s real estate market registered 90,337 new real estate units during the first half of the year.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.
  • Adjusted EBITDA for the second quarter was $440 million.
  • The company has proposed an increased minimum interim dividend of 8.1 fils per share for H1.

Saudi Arabia’s real GDP up by 3.9 percent in Q2 2025: GASTAT

Riyadh, Saudi Arabia -- Saudi Arabia's real Gross Domestic Product (GDP) grew by 3.9 percent in the second quarter of...
  • Flash estimates of GDP for Q2 say non-oil activities recorded the highest growth at 4.7 percent.
  • The estimates, released by GASTAT, said oil activities grew by 3.8 percent and government activities at 0.6 percent.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.
  • The company's Board of Directors approved the $217 million (approx. 5 fils per share) second quarterly dividend for 2025.
  • The dividends are expected to be paid in the second half of August 2025 to all shareholders of record as of 8th August 2025.

Saudi Arabia, UAE rank among top 20 nations globally for AI talent density

With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi...
  • King Abdullah University of Science and Technology (KAUST) enters top 150 universities globally for producing AI talent, becoming the highest-ranked university in Middle East
  • Saudi Arabia offers some of the most competitive compensation packages for AI talent globally, with top scientists earning a median annual salary of USD 420,000, tax-free

DIFC records 25 percent rise in registered firms in H1 2025

Dubai, UAE --  Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South...
  • The total number of active registered companies reached 7,700, up from 6,153 in H1 2024 - a 25 percent year-on-year increase.
  • The number of professionals working in DIFC rose to 47,901, marking a significant 9 percent increase from 43,787 a year earlier.

GCC countries record $587.8 billion in nominal GDP by end of Q4 2024

Muscat, Oman -- The nominal Gross Domestic Product (GDP) of the Gulf Cooperation Council (GCC) countries reached US$587.8 billion by...
  • The contribution of non-oil activities to the GCC's nominal GDP reached 77.9 percent by the end of the fourth quarter of 2024,
  • The manufacturing sector contributed 12.5 percent to the GDP, while wholesale and retail trade accounted for 9.9 percent.

DP World mobilizes $1 billion in working capital to boost trade flow

Dubai, UAE — DP World Trade Finance has mobilized more than US$1 billion in working capital to support businesses across...
  • This was achieved through a combination of DP World’s own lending operations and partnerships with over 32 global financial institutions.
  • DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors such as agriculture, metals, automotive, and engineering.

1.1 billion children worldwide face three climate threats

Dubai, UAE -- Nearly half of the world's children – or around 1.1 billion children – are exposed to at...

Latest News

Israeli strikes kill 12 Palestinians in Gaza amid measures to ‘annex’ more West Bank land

Palestinian officials described the Israeli parliament's decision related to West Bank land as a “serious escalation,” while armed groups and...

Geneva talks loom as Trump backs regime change and redeploys second US carrier

The Pentagon confirmed that the USS Gerald R. Ford is being moved from the Caribbean toward the Middle East, a...

Citizen-consumers are redefining the global reputation of multinationals: Ipsos study

The report, Impacts of Multinational Corporations: What Citizen-Consumers Want from Foreign Companies Doing Business in Their Country, draws on a...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

The GCC must deploy its ‘strategic advantages’ to lead the transition

The models that once governed aid, CSR, employment, and economic engagement are shifting, and the GCC has an opportunity to...
  • Across the region, business leaders are confronting a reality already transforming global markets.
  • Instead of funding isolated projects, Gulf institutions can help build ecosystems such as agritech clusters, circular-economy value chains,

How Sensodyne’s 5th Sense is turning oral care into experience

Haleon delivers better everyday health with humanity, as Sensodyne drives trusted innovation through The 5th Sense, Murtaza Mahfouz tells TRENDS
  • Nearly half the population experiences tooth sensitivity, but two-thirds do not seek treatment, pointing to a major awareness gap, Murtaza Mahfouz told TRENDS
  • Sensodyne’s ‘5th Sense’ uses immersive technologies like VR and multi-sensory design to position tooth sensitivity as a treatable condition, he adds

To build a knowledge economy, the GCC must bet on its young minds

In Saudi Arabia, more than 60 percent of the population is under 30, and across the GCC, over 50 percent...
  • This generational shift has been accelerated by national visions across the GCC, from Saudi Arabia’s Vision 2030 to Bahrain’s Economic Vision 2030.
  • The dynamic, which combines wisdom and creativity, is precisely what national visions need to scale.