Dubai, UAE -- Dubai plans to award strategic contracts worth more than AED55 billion ($15 billion) for the expansion of...
Dubai, UAE -- Dubai Islamic Bank (DIB) has priced a $1 billion Additional Tier 1 (AT1) perpetual sukuk after attracting...
Cultural nuance matters deeply in MENA. Communication styles differ across the Gulf, the Levant, and North Africa. Comfort with camera-based...Systems trained on narrow behavioral norms may inadvertently penalize those who express themselves differently.
In societies where interpersonal trust and relational fit remain central to business culture, removing human judgment entirely could be counterproductive.
- The profit for the year up 32.2% to reach $1.96bn.
DP World invested $3.1 billion in 2025 capex, expanding global port capacity to 109 million TEU.
The company cut Scope 1 and 2 emissions 14% from 2022 levels, with 67% of electricity sourced from renewables.
- Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from...
Earlier in the year, Aramco’s board declared quarterly dividends, including a base dividend of around $21.1 billion for the second quarter of 2025.
Aramco’s dividend policy combines a base dividend with a performance-linked component tied to financial results and cash flow.
Saudi Arabia’s low-cost carrier flynas posted a net loss of SAR 527 million in 2025, compared with a net profit...Saudi low-cost carrier reports revenue growth but swings to annual loss due to one-off IPO-related expenses.
Adjusted net profit rises after excluding SAR 1.08 billion in non-recurring costs linked to employee shares.
Dubai, UAE -- Airlines has extended the suspension of flights to several Gulf destinations as regional tensions continue to affect...Saudi Airlines extends flight suspensions to several Gulf destinations while monitoring developments and evaluating gradual service resumption.
Qatar Airways launches limited schedule from Doha to reconnect passengers following temporary authorization from civil aviation authorities.
ABU DHABI, UAE -- The United Arab Emirates has consolidated its position as one of the world’s leading global and...Specialised international reports indicate that the UAE is among the world’s most prepared markets for digital trade.
The UAE’s influence is not limited to its domestic market but extends to supporting the growth of e-commerce across the region
Dubai, UAE -- Emirates Central Cooling Systems Corporation PJSC (Empower) said it has distributed AED2.575 billion in dividends to shareholders...The company recorded AED3.419 billion revenue in 2025, while net profit rose 10.5% year-on-year to AED1.004 billion.
In 2025, shareholders approved a dividend of AED875 million for 2025, paid in two equal instalments of AED437.5 million in April and October.
Abu Dhabi, UAE — The General Secretariat of the Khalifa Award for Education, one of the institutions of the Zayed...This phase will be carried out through interviews conducted by specialized judging committees to review educational projects.
The General Secretariat said the evaluation and judging phase aims to measure the actual impact of the submitted works.
- The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
In the third quarter alone, BYD reported revenue of 194.99 billion yuan ($27.4 billion), while quarterly net profit reached 7.82 billion yuan ($1.1 billion).
The automaker said global sales reached 3.26 million vehicles in the first nine months of 2025.
Capital investment during Q3 2025 $12.9bn on investments in energy projects.The company also reported free cash flow of approximately $23.6 billion in the quarter.
The company is expanding gas production capacity and investing in new projects including the Jafurah gas development project.
