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

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

  • Emirates Petroleum Company P.J.S.C. (Emarat) has signed a memorandum of understanding with Dell Technologies to accelerate artificial intelligence adoption and...

    Emarat and Dell Technologies signed an agreement to accelerate intelligence adoption, identify use cases and strengthen data-driven decision-making.

    Emarat’s transformation agenda targets greater efficiency, resilience, stronger technology capabilities and sustainable growth through digital partnerships across sectors.

  • Etihad Airways has become the first airline to accept Jaywan, the UAE’s national domestic card scheme, for flight bookings on...

    UAE customers can use Jaywan cards across Etihad’s network, while Royal holders will receive discounts and priority benefits.

    Etihad’s partnership with Al Etihad Payments follows a memorandum signed last October, deepening ties between airline and payments operator.

  • Dubai, UAE -- Point-of-sale transactions in Saudi Arabia fell to nearly $3.79 billion in the week ended Aug. 15, from...

    Food and beverage purchases represented 15.5% of weekly spending, while restaurants and cafes accounted for another 12.9%.

    Electronic payments represented 85% of individual payments last year, exceeding the Financial Sector Development Program’s 70% target.

  • Dubai Chambers has signed a memorandum of understanding with India's National Association of Software and Service Companies (NASSCOM) to expand...

    NASSCOM represents more than 3,500 Indian technology companies, spanning startups and multinational corporations across the country’s technology sector.

    Dubai Chambers’ Agentic AI committee will oversee training, incubators and company development to accelerate private-sector adoption of emerging technologies.

  • Middle East Energy will host its 50th edition in Dubai next month with 1,528 global energy companies confirmed to exhibit,...

    The exhibition will run from Sept. 1 to 3 at Dubai World Trade Centre under the patronage of the UAE Ministry of Energy and Infrastructure.

    Buyers participating in the event's Energy Club have more than $98 billion in live energy projects across the Middle East, Africa and South Asia, organisers said.

  • Abu Dhabi Future Energy Company PJSC (Masdar) and ScottishPower Renewables have completed installation of all 95 foundations at the £4...

    The project has completed its foundation phase as turbine installation passes halfway, with construction continuing toward a planned end-2026 operation.

    The development is supporting thousands of construction jobs and has directed almost £2 billion toward Britain's domestic renewable-energy supply chain.

  • Saudi Arabia's Ministry of Human Resources and Social Development (HRSD), in partnership with the Ministry of Municipalities and Housing (MOMAH),...

    The decision covers private-sector establishments employing at least three workers in targeted project management professions.

    Support includes recruitment, training, qualification, job retention and priority access to Saudization programs for covered employers.

  • Dubai, UAE -- AD Ports Group reported a record quarterly performance for the second quarter of 2026, with net profit...

    Revenue rose 47 percent to AED7.08 billion ($1.93 billion), while EBITDA increased 49 percent to AED1.74 billion ($474 million).

    The group added 400 trucks during the quarter and increased rail service frequency with Etihad Rail.

  • Revenue reaches record $4.04 billion.

    DEWA’s first-half net profit rose 15.02 percent, supported by electricity, water and cooling demand, customer growth and operational performance.

    Clean energy accounted for 19.9 percent of power generated during the second quarter, as DEWA expanded renewable capacity.

  • KPMG says banks can strengthen portfolios through scenario analysis, stronger governance and monitoring as geopolitical tensions threaten borrowers, funding conditions...

    GCC banks' 19.3% capital ratio provides a foundation after years of prudent risk management and balance sheet discipline.

    Retail, corporate and commercial real estate portfolios face pressures from income erosion, funding costs, revenue disruption and valuation risks.