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

Cybersecurity in 2024: From talent shortages to resilience against emerging tech risks

In 2024, cybersecurity remained central, addressing skill gaps and the impact of generative AI. A Strategic Cybersecurity Talent Framework offered...
  • Cybersecurity in 2024 focused on talent gaps, emerging tech, and resilience
  • Public-private efforts tackled cybercrime and evolving digital threats

Fifth France-Arab Summit: Forging partnerships for a sustainable tomorrow

As the world grapples with uncertainty, the summit offers a much-needed space for cooperation and innovation, led by the Franco-Arab...
  • The event, under the high patronage of French President Emmanuel Macron, brings together governments, businesses, and visionaries
  • By working together, France and the Arab world have the opportunity to shape the future

AI as the next frontier: Opportunities for channel partners to lead the way

AI offers an infinite number of selling and upselling opportunities. Resellers with the right strategic long-term approach will clearly develop....
  • A strategic approach to AI integration is key for channel partners looking to capitalize on the transformative potential of this technology within their service portfolios
  • Delivering end-to-end AI solutions in another edge - spanning consulting, implementation, and ongoing support - emphasizes the partners' comprehensive service capabilities

Saudi Arabia partners with World Bank to launch global knowledge hub in Riyadh 

According to World Bank Group President Ajay Banga, “The new Knowledge Hub being created by the World Bank Group and...
  • The initiative positions Saudi Arabia as a central player in facilitating the global exchange of transformative ideas
  • The agreement was formalized with the signing by World Bank Group President and Saudi Arabia’s Minister of Commerce

Software solutions that minimize cost overruns, delays in construction  

Project management software solutions have emerged as essential tools to streamline construction operations, enhance efficiency, and improve project delivery. They...
  • The construction project management software solutions market reched US$17 billion in 2024
  • Leveraging digital tools can lead to 10-20 percent savings on overall project costs

Step into the future of sustainable smart city development

Pavegen, a global kinetic energy company, unveiled its innovative “Solar+” tile in Dubai. This tile harnesses the power of movement,...
  • Pavegen tiles have harnessed the power of over 1 billion footsteps in smart cities
  • The company aims to bring the price down to sub US$1,000 per sqm in the future

UAE firms accelerate AI transformation, new report finds

The real power of AI lies in its careful deployment across diverse business functions, and the UAE is primed for...
  • The AI Maturity Index shows that more than 80 percent of enterprises have a shared vision for AI within their organizations
  • Only 15 percent have reached a 'transformative' level of AI maturity

Samsung reshuffles leadership amid challenge in AI chips

Seoul, South Korea - Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production...
  • On Wednesday it tapped vice-chairman Jun Young-hyun to lead its memory business and appointed Han Jin-man as the new boss of the chip foundry division
  • The reshuffle aims to "strengthen the company's growth and future competitiveness, focusing on the semiconductor business", Samsung said in a statement

Boeing CEO says company can’t afford another mistake: report

Boeing CEO Ortberg told workers a trade war with China would weigh heavily on Boeing. The meeting came about two...
  • New CEO Kelly Ortberg said a trade war with China would weigh heavily on Boeing
  • On October 12, Boeing unveiled plans to reduce its global workforce by 10 percent

Iraq holds its first census in nearly 40 years

The Iraqi census is scheduled for Wednesday and Thursday, and will provide sorely needed up-to-date demographic data for the country...
  • A count conducted in 1997 excluded the three northern provinces that make up the autonomous Kurdistan region
  • Demographics are likely to have shifted with the exile of hundreds of thousands

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Latest News

GCC startups will surprise the world by building culture-first tech

Snap’s regional chief Hussein Freijeh outlines growth plans across MENA and APAC in an interview with TRENDS, highlighting startups, creators...

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...

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...

Most Read

Startups need more than funding: they need an ecosystem

Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum, explains how sustainable growth, AI...
  • The UAE’s Vision 2031 and Saudi Vision 2030 are clear calls to action that outline not just ambition, but execution.
  • The third quarter 2025 marked the fourth consecutive quarter with over $90 billion in funding, something not seen since early 2022.

Gulf startup hubs: Converging strategies, diverging ambitions

Despite fierce branding as rivals, Gulf startup hubs share capital, policy, and talent structures that are quietly shaping distinct, globally...
  • Shared infrastructure, capital flows, and policy choices bind these ecosystems together more than they divide them.
  • The critical question for Gulf ecosystems is not whether they have capital or talent, but whether both are organized toward genuinely global ambition.

Professional events are becoming West Africa’s new innovation engine

Innovation doesn’t happen by decree. It happens when people collide, when ideas rub up against each other, when unlikely conversations...
  • What happens after the expo is just as important as what happens on stage.
  • These gatherings give birth to cross-border communities of engineers, researchers, entrepreneurs, investors, and policymakers.