Analysis

Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

GCC banks need stronger safeguards amid geopolitical uncertainty, KPMG says

KPMG says banks can strengthen portfolios through scenario analysis, stronger governance and monitoring as geopolitical tensions threaten borrowers, funding conditions...

Big Tech faces AI spending test as earnings season gathers pace

The Magnificent Seven’s 5.7% fall last week shows that investors are no longer rewarding headline beats alone, they want proof...
  • Microsoft has been the second-worst performer from the Mag 7 so far this year, with investors rattled by its 2026 capex guidance heading towards USD$190 billion.
  • Meta faces the same spending question, with this year's outlay guided at up to USD$145 billion and next year's outlay potentially far larger.

Luxury stocks: when good results are not enough

Luxury sales are rising, but investors remain increasingly selective as markets reward durable, high-quality growth over headline gains, says etoro...
  • Richemont outperformed peers as resilient jewellery demand and broad regional growth reassured investors despite broader luxury sector uncertainty worldwide.
  • Burberry and Moncler exceeded expectations, but lingering concerns over recovery durability and seasonality weighed heavily on investor sentiment.

Alphabet and Tesla in focus as markets demand more from Big Tech

"Three months ago investors were comfortable funding aggressive AI investment," Gilbert added. "Today they're asking tougher questions. Markets now want...
  • One bright spot remains Alphabet's AI monetisation strategy, with Gemini now exceeding 900 million monthly users.
  • The market expects Tesla to report USD 26.3 billion in revenue and earnings per share of USD 0.50.

Reading Dubai’s place on the UBS Bubble Index

The index scores the distance between current prices and their historic relationships with local rents, incomes and mortgage debt. A...
  • Fifth place measures how far and how fast Dubai has repriced, not how fragile it is.
  • The realistic downside is an orderly cooling, concentrated primarily in the over-supplied districts named above, not a credit-driven fall across the city

Why flexibility is non-negotiable in the Middle East’s AI transformation

The region is a mosaic of digital ambitions where distinct national strategies are unfolding simultaneously. While the UAE accelerates its...
  • Open source is the ultimate enabler of digital sovereignty, as it gives enterprises greater transparency, flexibility, and control over their IT estate.
  • Energy and public sectors require rugged edge capabilities and the ability to process data in remote, high-demand environments.

Fuel to Air India jet engines cut off moments before crash: probe

New Delhi, India - Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff,...
  • The report, issued by India's Aircraft Accident Investigation Bureau (AAIB), did not offer any conclusions or apportion blame for the June 12 disaster
  • The Boeing 787-8 Dreamliner was headed from Ahmedabad in western India to London when it crashed, killing all but one of the 242 people on board as well as 19 people on the ground

MENA Brief: Key Geopolitical, Defence, and Innovation Updates – June 11, 2025

Regional tensions, high-stakes defence deals, and new innovation-led collaborations defined the Middle East and North Africa landscape on Wednesday. Here’s...
  • Turkey announced a landmark agreement to supply 48 domestically produced KAAN fifth-generation fighter jets to Indonesia
  • Kuwait announced that expatriates working in the private sector will now require employer consent to leave the country

US truce fails to curb Huthi ambitions: analysts

Paris, France - Yemen's Iran-backed Huthi rebels have emerged bruised but defiant from a blistering US bombing campaign, cementing their...
  • US President Donald Trump said the rebels had "capitulated" after the intense, seven-week campaign that came in response to Huthi threats to renew attacks on Red Sea shipping
  • Rebel leader Abdulmalik al-Huthi slammed Trump's remarks on Thursday, calling on supporters to celebrate "America's great failure" during Friday demonstrations

The future is already here

Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...
  • The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.
  • By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.

Saudi pioneering solutions for water scarcity

The kingdom is forging partnerships with major corporations to revolutionize water technologies and achieve water self-sufficiency.
  • Water scarcity is 500 cubic meters per capita, while Saudi Arabia's annual per capita share of water does not exceed 89.5 cubic meters.
  • The Saline Water Conversion Corporation has signed agreements with several major corporations to tackle water scarcity.

US midterms set the stage for what comes next

"Oil has done much of the heavy lifting, with Brent sliding more than 8% to near USD 95 a barrel,...

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UAE ranks first in Arab world, 11th globally in Global Knowledge Index

Qatar was at the 38th place, Saudi Arabia at 40, Kuwait (48), Oman (52), and Bahrain (55) in the Global...

G20 ministers set to green light global tax reform

Finance ministers from the G20 richest nations are expected to give the green light Saturday to a historic deal to...

Alphabet and Tesla in focus as markets demand more from Big Tech

"Three months ago investors were comfortable funding aggressive AI investment," Gilbert added. "Today they're asking tougher questions. Markets now want...

Reading Dubai’s place on the UBS Bubble Index

The index scores the distance between current prices and their historic relationships with local rents, incomes and mortgage debt. A...

Why flexibility is non-negotiable in the Middle East’s AI transformation

The region is a mosaic of digital ambitions where distinct national strategies are unfolding simultaneously. While the UAE accelerates its...

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MENA Brief: Key Geopolitical, Defence, and Innovation Updates – June 11, 2025

Regional tensions, high-stakes defence deals, and new innovation-led collaborations defined the Middle East and North Africa landscape on Wednesday. Here’s...
  • Turkey announced a landmark agreement to supply 48 domestically produced KAAN fifth-generation fighter jets to Indonesia
  • Kuwait announced that expatriates working in the private sector will now require employer consent to leave the country

US truce fails to curb Huthi ambitions: analysts

Paris, France - Yemen's Iran-backed Huthi rebels have emerged bruised but defiant from a blistering US bombing campaign, cementing their...
  • US President Donald Trump said the rebels had "capitulated" after the intense, seven-week campaign that came in response to Huthi threats to renew attacks on Red Sea shipping
  • Rebel leader Abdulmalik al-Huthi slammed Trump's remarks on Thursday, calling on supporters to celebrate "America's great failure" during Friday demonstrations

The future is already here

Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...
  • The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.
  • By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.