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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.
  • More women make positive impact on GCC businesses

    In the wake of International Women’s Day, TRENDS highlights how courageous Arab women are making a difference in the business...

    The UAE ranked first in the MENA region when it came to women-friendly policies and programs

    GCC countries strive to increase opportunities for women and encourage them to pursue careers in business and technology

  • Arab News joins hands with Arab Women Forum

    Arab women leaders will share their success stories, challenges and opportunities at the Forum organized by Special Edition in Dubai...

    Senior government officials, women business leaders, academicians, technocrats, and entrepreneurs are expected to participate in this year’s Forum

    The Forum will discuss topics ranging from the image of Arab women to the issues with a quota system, workplace of the future, women entrepreneurs and Arab women in technology

  • Dubai Airports launches ‘DAWN’ to empower women

    Dubai Airports, the operator of Dubai International (DXB) and Dubai World Central (DWC), has announced the launch of the new...

    The DAWN platform will provide a range of networking and knowledge sharing opportunities while contributing to Dubai Airports’ ability to maintain a balanced work environment

    It was launched on International Women’s Day, which celebrates the social, economic, cultural, and political achievements of women

  • King Abdulaziz Port records highest daily container throughput

    The King Abdulaziz Port in Dammam recorded the highest daily container throughput at Saudi ports by handling a total volume...

    The port succeeded in achieving the feat through its integrated operational mechanism of maritime and logistical services.

    The landmark milestone was reached when COSCO Shipping Capricorn with an overall length of 400m docked at the Dammam port.

  • Flydubai net up 76% to $229m

    The Emirati budget airline carried 5.6 million passengers last year.

    Dubai, a tourism and trading hub, has since October been hosting the delayed Expo 2020 world fair, which ends on March 31

    In July 2020 Dubai became one of the world's first locations to reopen to foreign travel

  • Saudi Monsha’at launches portal for entrepreneurs

    Young entrepreneurs in Saudi Arabia will now have access to the National Business Innovation Portal, providing them with necessary tools...

    The Small and Medium Enterprises General Authority, also known as Monsha’at, and the King Abdulaziz City for Science and Technology unveiled the portal

    The newly launched portal includes a set of specialized sections that guide business innovators through the stages necessary to bring a project to success

  • Sharjah Entrepreneurship Foundation discusses SMEs funding requests

    The Project Finance Committee of the Sharjah Entrepreneurship Foundation (Ruwad) has approved AED300,000 finance for a project that will work...

    The Foundation’s Project Finance Committee approved AED300,00 finance for a health fitness service program.

    The total approved financing by the end of February amounted to AED33 million, of which AED14.4 million were directly financed by the institution.

  • Saudi Crown Prince inaugurates World Defense Show in Riyadh

    Saudi Arabia's Crown Prince Mohammed bin Salman has inaugurated the four-day-long World Defense Show in Riyadh, organized by the General...

    Over 590 global companies representing 42 countries are participating in the event

    A number of national government agencies in the defense, military and security sectors are also among those taking part

  • Obeikan Glass net profit up 900 percent

    The Saudi manufacturer’s revenue rose 77 percent year-on-year.

    The firm, which recently joined the Saudi stock exchange, attributed the improved performance to an increase in sales volumes.

    Obeikan Glass Company says it is the largest glass manufacturing facility of its kind in the Middle East region.

  • Jordan’s real estate trading at JD73 5mn in 2022

    The Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at...

    The Department of Land and Survey (DLS) revealed that the revenue in the first two months of 2022 stood at JD32.4 million up 15% from the figure reported in 2021

    Overall real estate sales in the Kingdom in the period decreased by 10 percent, as apartment sales declined by 5 percent