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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Knowledge, innovation drive UAE’s economic strategy

"Today, the UAE is recognized as a leader in new economy sectors, including renewable energy, fintech, artificial intelligence, the fourth...
  • The UAE makes significant strides in building a new economic model rooted in knowledge, innovation, and creativity, diversifying economy and boosting global competitiveness
  • Today, the UAE is recognized as a leader in new economy sectors, including renewable energy, fintech, artificial intelligence, and space, says minister Abdulla bin Touq Al Marri

‘Cooperation key in establishing global work agenda’

"The Summit acts as a nexus, uniting government officials, international organizations, business magnates, community institutions, scholars, and innovators. This collective...
  • The World Governments Summit Organization emphasizes global dialogue and partnerships
  • The Summit acts as a nexus for government officials, scholars, and innovators, says a UAE official

Aerial taxis to help Dubai fly high in air mobility

"The challenges in air mobility are posed by weather conditions. Leveraging data and insights from past experiences, strategies have been...
  • Air mobility relies on advanced technologies, grounded in systematic plans that have undergone extensive scientific testing, says Duncan Walker, CEO of Skyports
  • A notable project on the horizon is the Aerial Taxi, slated to begin operations in 2026. This innovative venture will cover a maximum distance of 241 km, he adds

BRICS group poised to shape global economy’s future

“This potential is further amplified by its vast human resources, and cutting-edge technological and industrial capabilities,” he adds, emphasizing that...
  • BRICS, representing one-third of the world's total GDP, has immense potential to tackle global challenges like climate change and energy security
  • The UAE prioritizes diplomatic efforts for regional and global stability, with initiatives such as the Abraham Accords and Human Fraternity Document

‘Mainstream sustainability for a net-zero future’

“As the UAE gears up to host COP28, it's crucial to involve all partners in hastening climate action, both locally...
  • UAE Minister of Climate Change and Environment, Mariam bint Mohammed Almheiri, emphasizes the importance of integrating sustainability into business operations
  • At the 12th NDCA, Minister Almheiri urges businesses to mainstream sustainability and highlights the pivotal role of carbon registries in achieving Net Zero by 2050

‘Saudi Arabia committed to peaceful nuclear energy’

"The Kingdom underscores the need for collective international efforts to enforce the provisions of the Non-Proliferation Treaty and ensure its...
  • Saudi Arabia's government emphasizes transparency, reliability, and safety in its national atomic energy policy
  • It acknowledges the positive impact of nuclear energy on energy security and socio-economic benefits.

‘Protect the planet, natural resources and heritage’

"The UAE is steadfast in its efforts to mitigate tensions and advocates for dialogue and diplomacy as means of resolution....
  • The UAE emphasizes the importance of protecting the planet, natural resources, and cultural heritage
  • Global challenges highlighted at the UNGA include armed conflicts, climate disasters, and waves of extremism

Cybersecurity vital for UAE’s banking, customer trust

"The banking and financial sector, being a prime target for cybercriminals, necessitates evolving solutions and strategies for protection. Regulatory compliance...
  • Cybersecurity is paramount to the banking sector, a crucial driver of the global economy, says UAE Banks Federation Director-General Jamal Saleh
  • The digital age has transformed financial transactions and asset management, making the protection of our financial systems essential, he adds

MBRSC key in elevating UAE’s space exploration status

"With the successful accomplishment of Sultan Al Neyadi’s mission to space, the Mohammed bin Rashid Space Centre has completed another...
  • Sheikh Hamdan praises MBRSC team for ensuring Sultan Al Neyadi's mission success
  • 'Zayed 2' mission showcases Emirati capabilities and marks a significant milestone, he adds

There’s a link between health and climate change

“As we prepare for the groundbreaking Health Day at COP28, we are resolute in our determination to address the challenges...
  • At the heart of the COP28 discussions, the UAE, represented by Dr. Sultan bin Ahmed Al Jaber, emphasizes the undeniable link between climate change and health
  • COP28 seeks to spotlight the fragility of global health systems, the financial implications of climate-induced health crises, and the urgent need for transformative changes

Doctors play key role in enhancing healthcare system

“Emirati doctors play a key role in enhancing the healthcare system and promoting health and wellness throughout society. We look...

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Embracing renewables secures UAE’s green future

"COP28 saw all parties reach an agreement on the historic ‘UAE Consensus.’ This consensus includes achieving a well-organized, responsible, fair,...

UAE leads in cybersecurity for unmanned systems

"The digital transformation, which relies on artificial intelligence technologies, has touched all sectors and contributes to improving the quality of...

Qatar’s strategic initiatives boost sustainable infra

"The financial sector is well-positioned to leverage the opportunities and address the risks presented by the technological evolution. We are...

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‘Multilateral cooperation remains crucial for peace’

"The UAE’s priority (amid the ongoing Gaza conflict) is to work towards reaching a ceasefire, safeguarding the lives of civilians,...
  • UAE Minister Khalifa Shaheen Almarar emphasizes on multilateralism, cooperation, and adherence to international law and UN Charter.
  • Almarar also highlight of the UAE's relief efforts in Gaza and contributions as a non-permanent UN Security Council member.

Global leaders need digital skills for AI management

"Governments should design solutions to face these challenges rather than ignoring them, leveraging the positive effects and significant opportunities presented...
  • Equipping global leaders with digital skills will ensure effective implementation across various economic sectors.
  • The success of governments is tied to their proactive approach in adapting to new technological advancements.

Dubai at forefront of sustainable energy innovations

“We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose...
  • DEWA’s state-of-the-art infrastructure bolsters Dubai's global economic and trade hub status.
  • World's largest solar-powered desalination plant is set to enhance the emirate's water security.