Dubai, UAE -- Etihad Airways is entering its largest summer season on record, operating more than 300 flights a day...
Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows,...
The company had reported EBITDA of $1.17 bn in 2025.The company plans to scale its mobility and convenience platform, including EV charging and AI-enabled initiatives.
ADNOC Distribution said two upcoming dividend payments will total $525 million, subject to board approval.
- The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...
The company said its customer base grew by nearly 20 percent in 2025, while spending by its top 10 customers rose around 40 percent.
AD Ports also said it would raise about $1.25 billion through an asset monetization programme.
- Dubai, UAE -- The UAE’s real estate sector extended its upward trajectory in March, with robust project launches, steady construction...
Dubai records landmark AED422 million apartment sale as luxury segment demand accelerates further.
Abu Dhabi sees rapid sell-outs, with AED6 billion in Yas Island project sales within 72 hours.
The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...EBITDA increased 52 percent to roughly $3.9 billion, with net profit before tax reaching $4.2 billion.
The developer highlighted a revenue backlog of approximately $34.1 billion supporting future growth visibility.
The dividend is equivalent to 43.75% of paid-up capital.It was approved at a meeting attended by 85 percent of shareholders.
The company also ratified its 2025 financial statements and performance report.
Dubai, UAE — Dubai Chambers, in collaboration with Dubai Customs and DP World, convened a meeting with around 100 private...Dubai brings public and private sectors together to address logistics disruptions and ensure smoother trade flows.
Industry leaders explore practical solutions to enhance efficiency and adapt to evolving global supply chain pressures.
The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...The repurchase will be carried out in coordination with the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX).
IHC did not provide further details on the timing of the repurchase in the latest disclosure, but the move comes as the conglomerate seeks to enhance shareholder value.
The increase in loss is due to impairment charges, weaker prices.Excluding the impairment, the company would have reported a net profit of SAR 17 million for the year.
Earnings per share fell to SAR 12.05 per share in 2025, compared with a loss of SAR 0.73 per share in 2024.
Higher land plot sales boost revenue and operating income.Revenues increased 59.2% to 2.9 billion riyals in 2025 from 1.82 billion riyals in 2024.
Despite the strong annual performance, the company reported a decline in fourth-quarter earnings.
The petrochemicals' company's revenue also fell 17.7 percent.Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.
In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.
