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.
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    Revenue growth has slowed sharply, while first-quarter sales barely moved, raising questions about whether Shein can sustain its expansion.

    European daily active users have fallen around 45 percent following changes to small-parcel duty exemptions, highlighting pressure on low-cost demand.

  • Accenture has signed a six-year strategic collaboration agreement with Amazon Web Services (AWS) to help organizations across the Middle East...

    Accenture will deploy regional architects and delivery leads across migration, modernization, data, AI and enterprise platform initiatives.

    Industry programs will target energy, financial services and public sector organizations seeking faster digital transformation and AI adoption.

  • The Abu Dhabi Registration Authority issued 3,058 new economic licences to Emirati female entrepreneurs and businesswomen between January and June,...

    Abu Dhabi issued 3,058 new licences to Emirati women entrepreneurs during the first half, up from 2,873 last year.

    Mobdea licences, designed to support women turning creative pursuits into businesses, increased 10.1 percent during the first six months.

  • Dubai, UAE -- Syria has processed its first international card payment in more than 15 years, Mastercard and QNB Group...

    QNB Syria processed the transaction at an approved local merchant using a Mastercard card issued outside Syria.

    The reconnection could enable wider international card acceptance, expanding digital payment options for consumers and businesses.

  • Dubai Airports CEO Paul Griffiths said the return of airline capacity was being matched by recovering demand, particularly important for...

    Dubai Airports is upgrading biometrics, self-service facilities and passenger flows to accommodate expected demand during the busier second half.

    The winter flight schedule and Dubai’s global events calendar are expected to support stronger connectivity and international transfer traffic.

  • Dubai, UAE -- EDGE Group and the Brazilian Army will establish a Cyber Defence Centre of Excellence in Brazil, the...

    The centre will provide training, digital forensics, incident response and strategic advice to Brazil’s armed forces and federal institutions.

    EDGE and Brazil’s Army will jointly invest in the institution, designed to build sovereign cyber capabilities and regional expertise.

  • The first generation of enterprise generative AI largely answered questions, summarised documents and produced content. A human usually remained responsible...

    AI agents are gaining autonomy across enterprises, making clearly defined authority, permissions and accountability essential for responsible deployment.

    Saudi Arabia’s early adoption of agentic workflows gives organisations an opportunity to shape governance models for autonomous enterprise systems.

  • Assets held by UAE insurance companies rose 6.1 percent to AED164.9 billion ($44.9 billion) in 2025, the Central Bank of...

    UAE insurers’ profits jumped to AED4 billion, while invested assets accounted for 58.4 percent of total sector assets.

    Active policies reached 17.3 million, with health coverage rising sharply after mandatory basic insurance requirements took effect nationwide.

  • Oil prices fell by more than $1 a barrel on Monday as investors took profits ahead of an expected US...

    Spot gold was up 0.5 percent at $4,627.42 per ounce, as of 01:55 GMT, after hitting its highest level since 15th May earlier in the session.

    Among other metals, spot silver fell 0.3 percent to $68.76 per ounce. Platinum lost 0.5 percent to $1,868.03.

  • The company said dividend reflects its resilience

    The company reaffirmed its 2026 dividend target of 16.2 fils per share following its integration into Borouge International.

    Since its initial public offering in June 2022, Borouge shareholders have received $4.9 billion in dividends.