Transformation lifts earnings, cash generation.
Expansion drives earnings, revenue growth.
Dubai, UAE -- Omar Matar Al Mannaei, chief executive officer and chief marketing officer of Emirates Auction, has been named...AI-powered customer acquisition engine launched in 2025 increased new customer growth by 38%, strengthening Emirates Auction’s market reach.
Unified analytics and personalization platforms helped lift retention by 14% and brand awareness by 20%, company said.
The 344-meters-long QC-Max vessel, being built by Hudong-Zhonghua Shipbuilding, is designed for a major Qatari LNG expansion project.It will carry substantially more cargo than conventional LNG carriers while reducing losses during transport.
Compared with standard 174,000-cubic-metre LNG carriers, the new design offers around 57% more cargo capacity.
Dubai, UAE -- Gold prices fell on Friday and were headed for a weekly loss, while major U.S. stock indexes...Dow, S&P 500 and Nasdaq rose after President Donald Trump withdrew threats of military action against Iran.
Palladium gained about 5% this week, outperforming other precious metals despite broader weakness across the sector.
- Organizations creating the most value from AI are not necessarily those deploying the most technology. Instead, they are redesigning workflows,...
Organizations achieving the strongest AI outcomes prioritize a handful of enterprise-wide initiatives rather than dispersing resources across numerous experiments.
Workforce adoption remains the biggest challenge, prompting successful companies to invest heavily in change management, skills development and leadership engagement.
Dubai, UAE -- Dubai Islamic Bank (DIB) has priced a $1 billion Additional Tier 1 (AT1) perpetual sukuk after attracting...Orders topped $2.3 billion from more than 85 institutional investors across the Middle East, Europe and Asia.
The perpetual sukuk qualifies as Additional Tier 1 capital and will be listed on Nasdaq Dubai and Euronext Dublin.
- The tech giant invested nearly $59.2bn in 2025.
Global semiconductor sales exceeded $620 billion in 2024 and are expected to approach $700 billion in 2025.
East Asia remains the center of global chip manufacturing, with South Korea, Taiwan, Japan and China accounting for much of the world's semiconductor production capacity.
Five destinations in first phase of operations.Initial routes will connect Al-Qassim with Istanbul, Trabzon, Cairo, Abha and Dammam.
The move makes flynas the first Saudi airline to operate from six hubs across the Kingdom.
Dubai, UAE -- Alef Group has launched Linar, a AED4 billion ($1.08bn) waterfront residential development in Sharjah, marking the company's...The project, located in Al Mamzar near the Dubai border, comprises five residential towers and one commercial tower and is expected to deliver 2,620 homes upon completion.
Alef said expressions of interest for Towers A, B and C had been fully reserved, representing more than AED2 billion in potential sales value.
Visa's latest Stay Secure study also highlighted the rapid rise of social commerce, with 69% of UAE consumers reporting purchases...Forty-six percent of respondents said they had experienced a financial scam during the past 12 months.
Consumers increasingly see technology as part of the solution, with 85% believing AI will play a critical role in protecting people from fraud in the future.
- The expansion marks an early test of Saudi Arabia's ambition to build Riyadh into a major international aviation hub.
London flights have been brought forward by three weeks after aircraft arrived earlier than expected.
The carrier aims to serve more than 100 destinations worldwide by 2030.
