Business

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Creators HQ, X announce strategic partnership to produce authentic, meaningful content

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...
  • The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy
  • This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...
  • The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy
  • Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators

1 Billion Followers Summit: AI’s transformative role in content creation highlighted by YouTube, Meta, Duolingo

Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...
  • YouTube's Regional Director for the Middle East, Africa, and Turkey, shared insights on the pivotal role of ultra-short videos in reshaping digital content
  • Fares Akkad, Regional Director for the Middle East and North Africa at Meta, revealed the company’s vision for AI and emerging technologies in content creation

Content creation key to awareness, culture, human development: Dubai ruler

Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...
  • The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,
  • For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place

Over 300 keynotes, panels, main sessions at 1 Billion Followers Summit’s third edition

Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to...
  • The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th to 13th January 2025
  • Participants will discuss strategies for expanding the creative industry and enhancing its contribution to development plans, both regionally and globally

Dubai vs Doha: The Battle for Creator Economy Supremacy and Innovation in the Middle East

Dubai’s aggressive initiatives like the 1 Billion Followers Summit and specialized creator visas put it ahead in attracting global talent,...
  • Dubai is aggressively positioning itself as a global hub for the creator economy, leveraging infrastructure, regulations, and location
  • Doha’s Qatar Media City aims to attract media and digital companies, establishing the city as a regional innovation hub

2025 IT Security Predictions

Cloudflare, a leading connectivity cloud company recently published an Op-Ed by Grant Bourzikas, CSO, tackling IT security predictions for 2025
  • Hyper-focus on “digital transformation” over the past few years has left security in the dark
  • As disinformation continues to plague society, it will begin to trickle into AI models

All six lines of Riyadh Metro are now operational

The Royal Commission for Riyadh City (RCRC) announced that the phased rollout of Riyadh Metro culminated as of Sunday, Jan....
  • The Royal commission announced the operation of three new stations on the Blue Line
  • Riyadh Metro users will be received from 6:00 am until 12:00 midnight

Honda and Nissan expected to begin merger talks

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants...
  • Their collaboration would create the world's third-largest automaker
  • Honda and Nissan's partnership could include a manufacturing tie-up

Hackers stole US$2.2bn in crypto through 2024, Chainalysis Research

Crypto hackers stole US$2.2bn worth of crypto. This amount was a 21 percent yoy increase, the fourth consecutive year they...
  • This stolen amount represents a 21 percent year-on-year increase
  • Private key compromises accounted for the largest share of stolen crypto in 2024, at 44 percent

Cyber resilience is more than recovering from an attack

The question is no longer if an organization will experience a cyber incident. It is how well it will respond...

Latest News

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

flydubai 2025 profit $591m

Total revenue increases by 6% to $3.7bn

Most Read

Dubai targets $87 trillion wealth pool as investors rethink portfolios

Dubai, UAE -- Dubai is positioning itself as a global hub for private wealth as high-net-worth individuals rethink where and...
  • Women, who account for more than one-tenth of ultra-high-net-worth individuals, are expected to receive 95 percent of an estimated $54 trillion in inter-spousal wealth transfers.
  • Henley & Partners estimates the United Arab Emirates attracted about 9,800 new millionaires in 2025 — most settling in Dubai.

UAE launches first 7-year Islamic Treasury Sukuk worth $150 million

Abu Dhabi, UAE -- The UAE Ministry of Finance said on Sunday it had launched its first-ever seven-year tranche of...
  • The new tranche attracted strong demand amounting to approximately 3.1 billion dirhams, nearly six times the issuance size.
  • Total bids reached 5.88 billion dirhams, representing an oversubscription ratio of 5.3 times.

Abu Dhabi records real estate deals worth $38.7 billion in 2025

Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded transactions worth a record AED 142 billion ($38.7 billion) in...
  • Sales and purchase transactions totalled $27.1 billion from 25,604 deals, while mortgage activity accounted for $11.6 billion across 17,210 transactions.
  • Foreign direct investment in Abu Dhabi’s real estate sector reached $2.2 billion in 2025, up 13 percent from the previous year.