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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.

Govt collaborations help Dubai lead in AI innovation

"Government entities must be thoroughly prepared for technological advancements that will change how they operate and provide services. A high...

WTO agri reforms key to global food and climate goals

"Australia maintains that global food security, climate, and biodiversity targets are unattainable without progress in agricultural trade reform, including the...

Surplus in overall balance makes UAE’s economy robust

"The fiscal policy bolstered economic growth and the competitive business environment, leading to the UAE being ranked as the fastest-growing...
  • The UAE's robust fiscal performance and diversified government revenues showcase an efficient fiscal policy
  • In 2022, there was a recorded 31.8 percent year-on-year growth in revenues, and a 6.1 percent rise in expenditures

Inclusive policies key to greater global cooperation

“By placing an emphasis on inclusive policies, embracing digitalization and fostering stronger international collaboration, we can establish a trade landscape...
  • Shamika N. Sirimanne emphasizes the need for inclusive policies and digital transformation to boost global trade
  • UN's fifth global survey shows 68.6% of trade facilitation measures from WTO's agreement have been implemented

‘Saudi Arabia sees fastest growth among G20 nations’

"The Saudi economy achieved a growth rate of 8.7 percent in 2022, the fastest among G20 countries, surpassing the expectations...
  • Saudi Arabia is not just a regional influencer but a global economic powerhouse, according to its Minister of Economy and Planning, Faisal bin Fadhil Alibrahim
  • With a growth rate of 8.7% in 2022 and 17th rank among the world's most competitive economies, the Kingdom is setting stage for sustainable global economic growth

‘Saudi Arabia emerges as a leader in digital economy’

"Today, the Kingdom takes pride in its advanced technological sector, which has solidified its regional and global position as a...
  • Saudi Arabia ranks second in digital competitiveness among G20 countries, fourth globally in the Digital Readiness Index, and garnered $446m in venture capital investments in H1
  • Women's participation in Saudi sectors rose from 7% to 33%, the Kingdom launched the world's largest virtual hospital, and introduced the first Arab and Muslim female astronaut

‘Qatar leads the charge in food security initiatives’

Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key...
  • Qatar plays a major role in advancing food security at local, regional, and global scales, says Qatar’s Municipality Minister
  • The country's key initiatives include dairy cow importation, poultry self-sufficiency, and innovative greenhouse techniques

‘Sharjah solidifies its global cultural hub status’

"The Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and we are elevating its role to...
  • Sharjah is solidifying its status as a global cultural hub and serves as a reliable destination for all those seeking to discover Arab culture
  • Sharjah International Book Fair has established itself as an exemplary Arab accomplishment, and the emirate is elevating its role to enrich global culture

UAE and Africa strengthen carbon market collaboration

"Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access...
  • The UAE Carbon Alliance has signed a Letter of Intent for a US$450 million purchase of African carbon credits by 2030
  • Collaboration with Africa Carbon Markets Initiative will provide UAE with access to high-quality carbon credits from Africa

CEPA boosts UAE’s trade ties with key global players

“The country's foreign trade will continue to thrive due to these CEPAs. Agreements with Türkiye and Indonesia are slated for...
  • CEPA agreements with India and Israel have boosted trade, with new deals involving Türkiye and Indonesia coming in September
  • The UAE targets doubling its GDP by emphasizing innovation, advanced technologies, and expanding global service exports in trade

UAE’s Olympic tapestry woven by pillars of progress

"It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The...
  • Sheikh Ahmed commends the efforts of past Presidents of the National Olympic Committee
  • New NOC Board members have been elected and tasked with raising UAE's sporting standards

It’s time to address universal issues through media

Many Filipino media professionals are working in the UAE that forms the core of media cooperation. “Given the strong friendly...
  • The Philippines believes in the value of nations working together to explore new approaches to address global issues and concerns, through the media
  • Given the strong friendly relations between the Philippines and the UAE, there is much more potential in many areas, especially in the media sector

Govt collaborations help Dubai lead in AI innovation

"Government entities must be thoroughly prepared for technological advancements that will change how they operate and provide services. A high...

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Airports fly into technology, security innovations

“The future of travel heavily depends on the transformative power of biometrics and touchless passenger experiences. These innovations aim to...

‘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,...

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...

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Saudi Arabia leads world in innovation and investment

"This is in the service of humanity and in building an interconnected and innovative future in various fields, including public...
  • Saudi Arabia has emerged as a major technology hub with a $43 billion market.
  • The Kingdom sees significant growth in women's empowerment and digital capabilities.

Saudi Vision 2030 aligns with global eco-goals

"The Davos meeting provides a platform for showcasing Saudi Arabia’s significant efforts and progress in these areas ... International partnerships...
  • Saudi Arabia commits to economic diversification through Fourth Industrial Revolution technologies.
  • The Kingdom's participation in the World Economic Forum highlights its role in global challenges.

Dubai aims to become global creative economy capital

"Dubai transcends economic statistics; it embodies a pursuit of the highest quality of life. Our aspiration is to achieve excellence,...
  • Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, invites content creators to join in shaping Dubai's narrative.
  • He underscores Dubai's strategic role as a global hub, especially through DXB airport, serviced by Emirates Airlines and flydubai.