Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding
  • London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is...

    Marks last week revealed that some personal data of its customers had been stolen in a cyberattack that has crippled its online services for weeks.

    The news came as Marks on Wednesday reported operating profit before adjusting items of  £985 million for its financial year to the end of March.

  • An output cut of one million barrels per day (bpd) was being discussed at OPEC+, sources said before the announcement. Credit: Pixabay

    Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...

    There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.

    While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.

  • This is a 30% YoY increase over Q1 2025.

    Total revenue saw a 15 percent rise compared to Q1 2024, supported by both passenger and cargo business.

    With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the region.

  • Net income rose to $36.4 million, a 17% YoY increase.
  • From immersive local experiences to AI-powered personalization, Muzzammil Ahussain, CEO of Almosafer, shares key trends shaping the future of travel.

    Japan, Korea, Singapore, Malaysia, and Thailand are growing heavily from this region as connectivity improves.

    Europe remains strong, but even in Europe, they're exploring more. Before, it was much more London only.

  • Taipei, Taiwan -- Nvidia boss Jensen Huang announced plans for Taiwan's first "AI supercomputer", as he showcased on Monday the...

    Taiwan produces the bulk of the world's most advanced chips, including those needed for the most powerful AI applications and research.

    TSMC, the Taiwanese contract chipmaking giant, has unveiled plans to inject an additional US$100 billion into the United States, on top of the US$65 billion already pledged.

  • This was a record 28% jump in annual net profit.

    Qatar Airways Cargo, the group's air freight service, saw revenues increase by 17 percent on the year before, the airline said.

    In 2024, the Qatari airline reported a $1.7 billion net profit following an annual increase of 39 percent, another record.

  • Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December...

    The increase is primarily driven by a 5.9 percent increase in housing prices and a 2.8 percent rise in the prices of goods and services.

    The culture and entertainment group recorded a 1.8 percent increase, while both the food and beverages group and the education group rose by 1.2 percent each.

  • Abu Dhabi, UAE --  Emirates Global Aluminum, the largest ‘premium aluminum’ producer in the world, today announced the progression of...

    The plant is expected to have a production capacity of 600 thousand tons of primary aluminum per year.

    Some 85 per cent of the aluminum needs of American industries, from automotive to aviation and construction, are currently met by imports.

  • The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend's trade talks resulted in...

    The broad-based S&P 500 added 0.1 percent at 5,923.30, while the tech-rich Nasdaq Composite Index gained 0.2 percent to 19,146.48.

    Broadband and cable company Charter Communications gained 2.5 percent after announcing a deal to acquire Cox Communications for $34.5 billion.