Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

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.
  • The Public Investment Fund (PIF) has announced the launch of Tawrid Company for Financing Solutions, an innovative digital platform providing...

    Tawrid has obtained the Saudi Central Bank’s (SAMA) permit to operate under the regulatory “Sandbox” environment, Argaam reported.

    Tawrid has started operations and has already signed binding agreements with local banks and companies.

  • Qatar’s new investment platform will manage the wealth fund’s domestic portfolio as Doha targets $60 billion in infrastructure and private...

    Qatar expects $38.5 billion in infrastructure projects and $22.5 billion in private real estate and hospitality investment over five years.

    The strategy comes amid disrupted LNG exports, risky Hormuz shipping and Doha’s efforts to strengthen economic resilience through diversification.

  • The 33rd edition, held under the theme "Travel 2040: Driving New Frontiers Through Innovation and Technology," saw the launch of...

    It also saw the launch of the UAE Grand Tour digital platform mapping a single route through the seven emirates.

    Emirates signed 11 memoranda of understanding during the show, while Rotana unveiled a pipeline of 40 hotels and more than 8,300 keys.

  • Space42 and Viasat will each initially contribute $400 million, while Space42 is expected to provide an additional $200 million in...

    Equatys plans an architecture capable of scaling to 2,800 satellites across 60 orbital planes and three altitude layers as demand grows.

    The venture will let mobile operators share satellite infrastructure while retaining spectrum rights, customers and commercial relationships.

  • Dr. Thani bin Ahmed Al Zeyoudi said trade with BRICS countries grew 28.5 percent in 2025 from the previous year,...

    Al Zeyoudi said UAE seeks stronger trade facilitation, free trade agreements and comprehensive economic partnerships to diversify its economy.

    The minister said the UAE had strengthened such partnerships even before joining BRICS as part of its strategy to diversify the economy and open new markets for the private sector.

  • Binghatti’s review comes as net profit rose 64% year-on-year, while Moody’s had only five months earlier cited strong liquidity, disciplined...

    Emaar operated normally through its 2009 review, later delivering stronger leverage, higher interest coverage and a AED127 billion backlog.

    Nakheel’s 2009 crisis required AED8 billion in government liquidity support, while creditors accepted repayment terms in a 2010 restructuring.

  • Sharjah recorded 4.6 billion dirhams ($1.25 billion) in real estate transactions in August, with activity spanning 120 areas across the...

    Sharjah recorded 9,139 real estate transactions in August, with sales spanning residential, commercial, industrial and agricultural properties.

    Al Menhaz led by trading value at $166.4 million, while Industrial Area 4 recorded the month's largest deal at $15 million.

  • Etihad Airways will launch a year-round service between Abu Dhabi and Saudi Arabia's Red Sea International Airport in October, expanding...

    Etihad will operate twice-weekly Airbus A320 flights between Abu Dhabi and Red Sea International Airport from October.

    The new service expands access to Saudi Arabia's Red Sea tourism destination, where 11 resorts are already operating.

  • UAE property investors must look beyond certificates to uncover hidden fire-safety risks that could affect costs, valuations and returns, writes...

    Existing certificates may not reflect current building conditions, leaving buyers exposed to costly remediation, delays, and unplanned capital expenditure.

    Physical fire-safety inspections can identify defects, support negotiations, inform valuations, and strengthen protections before investors complete major property acquisitions.

  • The report, titled “Strategy Matters More than Tools,” draws on data from the UAE, Saudi Arabia, Kuwait and Qatar and...

    58 percent of frontline employees and 67 percent of managers save at least eight hours weekly using AI tools.

    Most GCC workers say AI has fundamentally changed the skills expected of them in their roles, the report found.