INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

  • The partnership will raise a combination of equity and debt capital to target an investment portfolio that aims to generate...

    Partnership will target diversified infrastructure assets across energy, transportation, logistics, digital networks, water systems and waste management sectors.

    Investors said accelerating urbanisation and digitisation trends are strengthening long-term infrastructure demand across GCC and Central Asian markets.

  • A new Dataiku study shows UAE CEOs increasingly view AI performance, governance and accountability as defining measures of leadership success.

    UAE CEOs increasingly fear failed AI strategies could trigger leadership exits, investor pressure and lasting reputational consequences by 2026.

    Boards and investors are intensifying demands for measurable AI outcomes while organizations remain cautious over governance and operational risks.

  •  Mubadala Investment Company and Tubacex Group have announced the full operational launch of their joint venture in Abu Dhabi, activating...

    The Abu Dhabi facility strengthens regional energy supply chains by localising high-performance tubular manufacturing and reducing dependence on overseas processing centres

    ADNOC anchors the project as cornerstone client, securing long-term CRA tubular supply for critical gas extraction and production operations

  • Growth driven by merger consolidation.

    Revenue jumps to $2.7 billion as mergers and acquisitions drive expansion across multiple sectors and geographies.

    During the quarter, the company acquired a 60.8% stake in ISEM Packaging Group for $192 million.

  • Total revenue increased 10% year-on-year.

    Mashreq posted first-quarter net profit growth as revenue, lending and deposits expanded strongly year-on-year.

    Non-interest income rose sharply, highlighting diversification as regional geopolitical uncertainty weighed on operating conditions.

  • High occupancy across assets boosts earnings.

    TECOM lifted recurring profit as occupancy, rental rates and cost discipline strengthened margins.

    Commercial and industrial portfolios remained nearly full, supporting resilient cash flow and customer retention.

  • The rise helped by strong demand in real estate

    Rotana Residences sold out before launch, underscoring strong demand for branded Abu Dhabi housing.

    Operating profit before tax jumped 32% to 79 million dirhams, reflecting efficiency gains across the group's core businesses.

  • The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...

    Among the fastest-growing threats is deepfake-enabled social engineering.

    The United Arab Emirates and Saudi Arabia have the potential to take a leading role in next-generation fraud prevention.

  • In Dubai, the Dubai Land Department reported 718,160 real estate transactions, including 60,303 disposals, up 6% from a year earlier....

    Abu Dhabi recorded its highest quarterly performance on record with transaction values surging 160.7% to about $18.0 billion (AED66 billion).

    In Sharjah, real estate trading volume climbed 40.7% year-on-year to approximately $5.0 billion (AED18.5 billion).

  • The UAE’s foodservice sector continued to grow in 2025 and is expected to expand further through 2030, even as the...

    The report said the global foodservice market is projected to reach €2.98 trillion in 2025, marking growth of 2.2% compared with 2024

    The UAE foodservice market, valued at €16 billion in 2025, grew by 1.6% compared with 2024 and is forecast to rise by a further 4.2% through 2030