Business
Visit Qatar partners with Satguru to attract African tourists from six priority markets
The agreement builds on an earlier memorandum and combines destination promotion, travel trade engagement and package development, with Satguru activating...
- Campaigns will promote Qatar through sports, winter sun, outdoor activities, family travel, festive occasions and cultural experiences.
- Satguru operates in more than 80 countries, with physical offices across 42 African countries supporting market activation.
Cisco, Nvidia develop high-density optics for AI infrastructure
Cisco and Nvidia are collaborating on a high-density optical networking technology designed to help operators scale artificial intelligence infrastructure while...
- USFP aims to deliver four times the bandwidth density and 1.3 times the power efficiency of existing modules.
- TE Connectivity and Amphenol are developing components as partners work towards an open industry specification for adoption.
Business
AI adoption tops 70% among Dubai International Financial Centre companies
DIFC firms are expanding AI use as banks increase technology spending, test productivity gains and explore applications in fraud prevention...
- Emirates NBD is developing more than 50 AI applications, with a debt collection trial delivering 15% higher productivity.
- DFSA plans reports on agentic AI, cyber resilience and tokenisation as financial innovation expands across the UAE.
Business
Bahrain awards Golden Licences to four projects worth $3.89 billion
The announcement was made on Sunday at Gateway Gulf 2026, a forum hosted by the Bahrain Economic Development Board (EDB)...
- The Bahrain EDB said the projects would strengthen the kingdom's aviation, logistics, tourism and technology sectors.
- Gateway Gulf 2026 brought together more than 200 ministers, senior government officials, chief executives and investors to explore investment opportunities in Bahrain.
Geostrategy
Aramco acquires 49% stake in Saudi Arabia’s AI company HUMAIN
The transaction, announced by PIF and Aramco following its completion, will bring together AI assets, capabilities and talent from both...
- Aramco will contribute $2.6 billion in cash and transfer AI assets, while PIF retains majority ownership with a 51% stake.
- HUMAIN plans to deploy 3 gigawatts of AI data center capacity by 2030, targeting growing regional and global demand.
Business
Arabic publishing eyes global growth through audiobooks and translation
Industry leaders identify untapped demand, regional listening differences and new commercial opportunities as publishers explore digital formats and international distribution.
- Arabic audiobook titles number just 14,000 for 470 million speakers, while regional demand grew 165% in 2025, industry executives said.
- - Publishers are being urged to secure audio rights early, invest in regional narration and use translation, video marketing and AI tools.
Opinion
When should an international business review its UAE corporate structure?
A company designed originally for a small commercial presence may not be the appropriate vehicle for a group now managing...
- Business expansion, new investors and cross-border operations can make an existing UAE corporate structure commercially unsuitable, even when it remains compliant.
- Regular reviews help businesses balance tax, governance, licensing and administrative costs while preparing for growth without unnecessary corporate complexity.
Business
Etisalat nine-month net profit jumps 46% to $4.68 billion
Etisalat’s nine-month revenue rose 10% as subscriber numbers expanded, while Vodafone’s stake sale generated AED 21.9 billion and boosted financial...
- Nine-month revenue climbed to AED 57.6 billion, while EBITDA increased 10.3% to AED 26.7 billion, with margins remaining above 46%.
- Etisalat plans to expand international connectivity capacity more than twenty-fivefold by 2030, targeting over 500 terabits per second.
Business
UAB nine-month profit rises 6%
Loan growth, lower impairment charges boost earnings
- UAB's assets rose 16% to AED 28 billion, while customer deposits climbed 27% to AED 18 billion.
- The non-performing loan ratio fell to 0.5%, while provision coverage strengthened to 338% by September.
Business
du 9M profit up 10.8%
Revenue grows as connectivity demand supports earnings
- du's nine-month revenue rose 6.2% to AED12.3 billion, while service revenue increased 6.8% to AED9 billion.
- Third-quarter net profit climbed 7.3% to AED786 million, as mobile subscribers grew 3.3% and fixed-line subscribers 5.2%.
Company News
ADNOC Gas Q3 profit $1.34bn
Business
Latest News
Musk kicks Kanye West off Twitter for ‘incitement to violence’Â
West has made a series of anti-Semitic comments recently, as the one-time titan of fashion and music appears to have...
Oman sees hospitality industry revenue fall 3.5%
The National Centre for Statistics and Information says domestic guest have supported the Oman's hotels.
Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai
Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....
Cyberattack hits hundreds of US businesses
A US IT company urges customers to shut down their servers after the attack UN Security Council members recently warned...
Saudi Arabia to generate $150 billion in investments from its new transport policy
The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private...
Agthia 9M profit nearly triples
Business
AI adoption tops 70% among Dubai International Financial Centre companies
DIFC firms are expanding AI use as banks increase technology spending, test productivity gains and explore applications in fraud prevention...
Business
Bahrain awards Golden Licences to four projects worth $3.89 billion
The announcement was made on Sunday at Gateway Gulf 2026, a forum hosted by the Bahrain Economic Development Board (EDB)...
Business
Aramco acquires 49% stake in Saudi Arabia’s AI company HUMAIN
The transaction, announced by PIF and Aramco following its completion, will bring together AI assets, capabilities and talent from both...
Geostrategy
Most Read
Opinion
When should an international business review its UAE corporate structure?
A company designed originally for a small commercial presence may not be the appropriate vehicle for a group now managing...
- Business expansion, new investors and cross-border operations can make an existing UAE corporate structure commercially unsuitable, even when it remains compliant.
- Regular reviews help businesses balance tax, governance, licensing and administrative costs while preparing for growth without unnecessary corporate complexity.
Business
Etisalat nine-month net profit jumps 46% to $4.68 billion
Etisalat’s nine-month revenue rose 10% as subscriber numbers expanded, while Vodafone’s stake sale generated AED 21.9 billion and boosted financial...
- Nine-month revenue climbed to AED 57.6 billion, while EBITDA increased 10.3% to AED 26.7 billion, with margins remaining above 46%.
- Etisalat plans to expand international connectivity capacity more than twenty-fivefold by 2030, targeting over 500 terabits per second.
Business
UAB nine-month profit rises 6%
Loan growth, lower impairment charges boost earnings
- UAB's assets rose 16% to AED 28 billion, while customer deposits climbed 27% to AED 18 billion.
- The non-performing loan ratio fell to 0.5%, while provision coverage strengthened to 338% by September.