The announcement was made on Sunday at Gateway Gulf 2026, a forum hosted by the Bahrain Economic Development Board (EDB)...
Loan growth, lower impairment charges boost earnings
The question is no longer if an organization will experience a cyber incident. It is how well it will respond...Organizations increasingly adopt "assume breach" strategies, prioritizing detection, response and recovery alongside traditional preventive cybersecurity investments today.
AI and automation accelerate threat detection and recovery, while boardrooms increasingly measure cybersecurity through business resilience outcomes instead.
It will acquire 11 carriers for $1.3bn.Acquisition includes nine vessels entering service this quarter, with two Chinese-built gas carriers scheduled for fourth-quarter delivery.
The company said the acquisition would provide near-term operational and earnings potential while increasing the scale, flexibility and resilience of its shipping platform.
Founder Mohamed Alabbar said the results reflected Emaar's disciplined approach and Dubai's continued economic expansion, adding that the company would...Property sales reached AED26.6 billion as revenue backlog climbed 13 percent, providing strong visibility for future earnings recognition, the company said.
Developer unveiled AED200 billion masterplan while expanding residential portfolio with 11 launches across Dubai and boosting international operations.
Dubai district cooling demand lifts earningsFirst-half revenue rose 4.5 percent as EBITDA increased 7.5 percent, supported by growing district cooling demand across Dubai developments.
Empower added 61 contracts, lifting contracted capacity above two million refrigeration tonnes as connected buildings increased to 1,796.
Healthcare demand drives stronger earnings.First-half revenue rose 4.4 percent to $761 million while adjusted net profit nearly doubled on stronger healthcare demand.
Burjeel completed $500 million sukuk issuance, refinancing debt while maintaining stable leverage and strengthening liquidity for future growth.
Dubai, UAE -- Real estate transactions in Sharjah rose 61.8 percent in July from the previous month to AED7 billion...Sharjah real estate transactions climbed 61.8 percent month-on-month to $1.91 billion as transaction volumes increased 25.3 percent in July.
Largest land sale reached AED850 million while mortgages totaled AED1 billion, highlighting sustained investment across 129 areas statewide.
- The company said traffic recovery supported resilience.
H1 revenue declined 7.5 percent to AED1.41 billion ($384.4 million), while net profit fell 8.7 percent to AED704 million ($191.7 million).
Company expanded digital mobility partnerships despite weaker traffic, reaffirming confidence in long-term ancillary revenue growth and Dubai's economic outlook.
Saudi oil giant Aramco reported a 44 percent jump in second-quarter net profit on Wednesday, helped by higher crude oil...Second-quarter net income climbed 44 percent to $32.7 billion as higher oil prices outweighed lower crude sales volumes.
Aramco maintained exports despite Hormuz disruption, declaring a $21.9 billion dividend while advancing major oil and gas projects.
AI and technology investments boost earnings.First-half revenue rose 5 percent to $10.24 billion, while adjusted EBITDA increased 7 percent to $2.53 billion year-over-year.
Fair value investment gains reached $1.01 billion, driven by holdings in SpaceX, Cerebras and Anthropic alongside portfolio diversification efforts.
Transformation lifts earnings, cash generation.First-half revenue rose 7.4 percent to $708 million, while EBITDA increased 35.8 percent as margins expanded significantly.
Free cash flow reached $142 million, net debt leverage declined sharply, prompting a 14.4 percent higher interim dividend recommendation.
