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2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

COP30 dragged into clash over gender language

Negotiators say the effort -- by Paraguay, Argentina, Iran, Indonesia, Malaysia as well as the Holy See -- seeks to...
  • The issue has become so sensitive that COP30's Brazilian presidency has elevated it from technical negotiations to a higher political level.
  • At stake is a revamped Gender Action Plan (GAP) meant to guide work for the next decade, including efforts to mainstream gender across climate programs.

Italy’s Leonardo launches joint venture with UAE defence firm

Milan, Italy -- Italian defense group Leonardo said Wednesday it had agreed to launch a joint venture next year with...
  • Details of the sectors covered by the joint venture have yet to be announced.
  • But it will cover a range of Leonardo's solutions "spanning sensors, system integration, and platforms", the Italian group said in a statement.

Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up

State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest...
  • Dubai, the UAE's commercial jewel, will soon start work on a new airport with capacity for a world-leading 150 million passengers a year, slated to open in 2032.
  • Dubai's current international airport announced a record quarter of 24.2 million passengers. The facility has been the busiest for international passengers for the past 11 years.

Emirates orders 65 more Boeing 777X planes despite delays

Dubai, UAE -- Emirates, the Middle East's biggest airline, topped up its order of Boeing 777X planes on Monday despite...
  • The order of 65 777-9s, valued at $38nn including engines, came despite last month's announcement that delivery was now due in 2027 -- seven years behind the original schedule.
  • Emirates, already the biggest customer for the Boeing 777, now has 270 777X, 10 777 freighters and 35 Boeing 787s on order.

Carney’s UAE mission: A new era for Canada’s global trade ambitions

The latest visit of the Canadian PM is a part of his efforts to find new markets for his nation’s...
  • With US tariff uncertainty looming, Ottawa turns to the Gulf to secure diversified markets and deeper investment ties.
  • Carney’s economic diplomacy meets the UAE’s diversification drive, opening pathways in energy, agriculture, AI, and advanced technology.

Israel receives bodies of two more hostages returned by Hamas

The issue of hostage bodies still in Gaza has become a sticking point in the ceasefire implementation, with Israel linking...
  • Relief agencies have called for the Rafah border crossing from Egypt to be reopened to speed the flow of food, fuel and medicines.
  • Gaza rescuers, meanwhile reported fresh violence in some areas despite the truce.

Wed by app: Abu Dhabi launches virtual marriage for all

Dubai, United Arab Emirates -- Couples from anywhere in the world can now get married using the Abu Dhabi government's...
  • The idea of online marriage is still in its infancy, with Ukraine launching a service last year allowing couples separated by war to tie the knot using its government app.
  • The United Arab Emirates experimented with allowing online ceremonies for people living in the country during the Covid-19 pandemic.

Hamas back on Gaza streets, acts against gangs and armed clans

For many Palestinians rebuilding their homes and lives amid Gaza's rubble, the sight of the Hamas forces was reassuring. Many...
  • When bus loads of prisoners freed from Israeli jails arrived in Gaza on Monday, fighters from Hamas's Ezzedine al-Qassam Brigades provided crowd control.
  • Hamas accused Israel of breaking the truce by opening fire during the clashes. The military said it had only fired when unidentified Palestinians approached the Yellow Line.

Hamas will not govern post-war Gaza: Hamas source close to negotiating committee

Doha, Qatar -- A Hamas source close to the group's negotiating committee told AFP on Sunday that it will not...
  • Hamas' leadership has in the past been divided on key issues, including on the future administration of Gaza.
  • But where there appears to be no division among top members is on the question of disarmament, which the group has long described as a red line.

OpenAI unveils ChatGPT app integration feature

San Francisco, United States - OpenAI on Monday unveiled a new feature for ChatGPT, the leading generative AI model with...
  • Chief Executive Sam Altman announced the new tool to a crowd of enthusiastic developers gathered in San Francisco for the company's annual "Developer Day."
  • The new feature, Apps SDK, allows ChatGPT to interact with various apps to select music, search for real estate or explore hotel and flight booking sites

TECOM shareholders approve $229 million cash dividend for 2025

Dubai, UAE - TECOM Group PJSC shareholders approved the financial statements for the year ended 31st December 2025 and endorsed...

Latest News

The Middle East has become our living lab for digital reinvention

In the MENA region, we see an extraordinary opportunity to shape a digitally empowered workforce aligned with national transformation agendas,...

G42 launches ‘digital embassies’ model to help governments deploy sovereign AI

Abu Dhabi-based artificial intelligence group G42 on Tuesday launched what it calls a Digital Embassies framework and an operating model...

MENA’s gaming sector projected to ‘touch $6 billion by 2027

Nikita Matsokin, Executive Director of MGVC (MY.GAMES, shares his thoughts on the MENA region’s creative talent, government support, and rapid...
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INSEAD Day 4- 300x600

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UAE is converting talent, trust, and technology into a Knowledge Nation

Dr. Lolowa AlMarzooqi, Associate Vice Provost at New York University Abu Dhabi, tells TRENDS that the UAE’s real competitive edge...
  • At the early childhood level, today’s learners are growing up in an environment that encourages curiosity, problem-solving, and bilingual fluency.
  • By university and early-career stages, Emirati youth are more globally aware, digitally confident, and purpose-oriented than ever before.

Trump threatens European nations with tariffs over Greenland

Trump aimed his ire at Denmark, a fellow NATO member, as well as several European countries that have deployed troops...
  • If realized, Trump's threats against Washington's NATO partners would create unprecedented tension within the alliance.
  • It was not immediately clear what authority the US leader would invoke to impose the threatened tariffs of up to 25 percent.

Saudi knowledge economy accelerates as Vision 2030 targets move within reach

The government has successfully implemented more than 900 reforms, including restructuring legal and labor frameworks, establishing new public authorities, and...
  • Saudi Arabia’s digital economy is valued at $132 billion, accounting for 15 percent of GDP.
  • The government has invested more than $20.7 billion in AI technologies and data center infrastructure.