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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Uncertainty rules even as MENA crypto market grows

Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA...
  • Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA at Exness, tell TRENDS
  • As cryptos are revolutionizing the financial industry, many institutions drafting regulations are trying to make the currency fit into the existing financial regulations

Gulf construction market builds on KSA-UAE rivalry

As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and...
  • As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and Riyadh to attract investments will intensify further
  • Over the last seven years, $1.1 trillion worth of real estate projects have been announced in Saudi Arabia, says a recent research by Knight Frank

US Fed Reserve may remain hawkish in coming months

Despite the recent slowdown, the US economy remains robust, which allows for more aggressive monetary policy tightening. The US consumer...
  • The US Federal Reserve will lean "hawkish," raising rates by 75 bps in September and 50 bps both in November and December, before a final 25 bps hike in early 2023
  • Despite the recent slowdown, the US economy remains robust, which allows for more aggressive monetary policy tightening, Qatar National Bank says in its weekly report

Dribbling cost of bringing forward the start of FIFA Cup

The sudden move to bring forward Qatar's match against Ecuador -- to make it the opening match – may put...
  • The decision to bring forward Qatar's match against Ecuador -- to make it the opening match – may put pressure on Doha's public relations team, add to the costs and confuse fans
  • The organising committee of the key sports event says "huge excitement" is building for the World Cup, which will now start on November 20

Retaining customers rattles retailers as sales drop

From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work...
  • From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work harder
  • During the pandemic, nearly 40 percent switched brands or retailers, and more than 80 percent developed new shopping habits, says a recent McKinsey study

“US lives in solipsistic fantasies”

Diminished leverage in the Gulf region makes Washington a less compelling partner than it once was, says Chas W Freeman,...
  • Diminished leverage in the Gulf region makes Washington a less compelling partner than it once was, says Chas W Freeman, Former US Ambassador to Saudi Arabia.
  • West Asia is a region in which abundant policy failures offer a veritable cornucopia of insights into warfare and diplomacy, the former diplomat highlights

‘Mobile-first mindset’ rules companies in Middle East

With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile...
  • With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel
  • However, it’s not just about having a mobile app, it’s also about delivering an exceptional user experience and being able to integrate mobile with any other channels seamlessly

Crises put Gulf investments in Sri Lanka at stake

The region has invested billions of dollars across sectors in the South Asian nation as recent past witnessed an expansion...
  • The region has invested billions of dollars across sectors in the South Asian nation in the recent past
  • Sri Lanka has been enduring shortages of food, fuel, medicines and other essentials for months

Are EVs driving towards greener world or uncertainty?

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
  • Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
  • Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure

Biden’s Arab trip lukewarm, at best

The US president could not dispel the view that the Washington is no longer a reliable ally and he also...
  • The US president could not dispel the view that the US is no longer a reliable partner and he also failed to connect at a personal level with the young GCC leaders, say experts
  • He publicly invited UAE President Mohammed bin Zayed for a state visit to Washington. 'Why did he not extend the same thing to Mohammed bin Salman?' a professor asks

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...

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Over 200 days of Sheikh Mohamed bin Zayed as UAE President: Decisions, contributions and meetings

The UAE's policy will always support peace and stability in the region and the entire world, based on wisdom and...

It’s time to recount UAE’s achievements across sectors as the country celebrates its 51st National Day

Beside successfully addressing COVID-19, the country created a distinguished development model covering all political, economic, social, scientific and cultural areas...

UAE-UK partnership may unlock potential of clean hydrogen, boost economy, create 200,000 new jobs

The latest WGEO study is part of "our efforts to support the Dubai Clean Energy Strategy 2050 and the Dubai...

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Death toll mounts in Iran protests as online services cut

Amini, 22, died last week after her arrest by the Islamic republic's feared morality police for allegedly wearing a hijab...
  • Protesters have been heard shouting "death to the dictator" and "woman, life, freedom" in video footage shared widely online
  • The US Treasury placed the morality police on its sanctions blacklist, holding it responsible for Amini's death

Uncertainty rules even as MENA crypto market grows

Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA...
  • Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA at Exness, tell TRENDS
  • As cryptos are revolutionizing the financial industry, many institutions drafting regulations are trying to make the currency fit into the existing financial regulations

Gulf construction market builds on KSA-UAE rivalry

As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and...
  • As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and Riyadh to attract investments will intensify further
  • Over the last seven years, $1.1 trillion worth of real estate projects have been announced in Saudi Arabia, says a recent research by Knight Frank