The company posted a net profit of $692m.

Dubai, United Arab Emirates -- Dubai International Airport welcomed a record 46 million passengers in the first half of this year, authorities said on Tuesday, despite disruptions due to the Iran-Israel war The facility marked its busiest first half on record with a 2.3 percent year-on-year growth, Dubai Airports said...

Gaza City, Palestinian Territories -- Truckloads of food reached hungry Gazans on Monday after Israel promised to open secure aid routes, but humanitarian agencies warned vast amounts more were needed to stave off starvation. With Gaza's population of more than two million facing famine and malnutrition, Israel bowed to international...

Dubai, UAE --  Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA), said Monday that it witnessed a saw a record number of new firms establishing operations in the center in the first half of 2026. The total number of...

Brussels, Belgium -- The European Commission on Monday announced an investigation into the takeover of German chemical firm Covestro by UAE state oil giant ADNOC, citing competition fears. "The commission has preliminary concerns that foreign subsidies granted by the United Arab Emirates could distort the EU internal market," a statement...

Total income rose by 12 percent in the same period.

Q2 pre-tax net profit increases by 14 percent.

The number of new investors in the market reached 59,075, with investments totaling $42.74 billion, a 22 percent increase in the number of investors and a 40 percent growth in investment value.

Total assets increase by 11 percent.

Ajman, UAE -- The real estate sector in the Emirate of Ajman recorded real estate transactions worth AED 12.4 billion ($3.37 billion), marking a record growth of 37 percent compared to the same period last year. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real...

The bank's total assets increased by $1.49 billion.

Dubai, United Arab Emirates -- Police in Dubai said three individuals accused of a litany of crimes, including drugs and human trafficking, were extradited to Belgium, authorities said on Sunday. Officials said the three suspects had been wanted in Belgium in connection with cases of "cross-border organized crime". In December,...

Berlin, Germany - Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Special Envoy to the Federal Republic of Germany, and Katrin Eder, German Federal Minister for Economic Affairs and Climate Action, witnessed the official launch of the UAE-Germany Business Council (GUBC) during a high-level ceremony...

This is the highest Abu Dhabi real-estate release to date.

Jerusalem, Undefined -- Israel's opposition leader said Friday he met with the United Arab Emirates foreign minister in Abu Dhabi and discussed efforts for a ceasefire in Gaza. The UAE normalized ties with Israel in 2020 as part of the US-brokered Abraham Accords. Abu Dhabi also has close ties with...

Dubai, United Arab Emirates -- The UAE supreme court has jailed 24 people for life after upholding their convictions for "terrorist" links. "The Criminal Chamber of the Federal Supreme Court ruled (on Thursday) to partially overturn the judgment issued by the State Security Chamber at the Abu Dhabi Federal Court...

No casualties reported in the attack that came a day after the US attacked three key nuclear facilities in Iran. Saudi Arabia and UAE have condemned Qatar strikes, which led to a more than 6 percent fall in oil prices.

As tourism booms across the Middle East and Africa, travel brands face fierce competition. Success now means using data-driven, personalized marketing to reach high-intent, mobile-first travelers at every stage—before, during, and after their journeys.

Oil prices steadied Wednesday after Trump’s demand for Iran’s ‘unconditional surrender’ roiled markets and revived supply fears, as regional diplomacy and major Gulf business deals unfolded alongside.

Israeli Prime Minister Benjamin Netanyahu says there’s a fresh opening to free hostages held in Gaza, backing a US-mediated proposal for a 60-day ceasefire as Israel continues its unprecedented military exchange with Iran.

In the financial sector, Fitch Ratings has projected a notable uptick in mergers and acquisitions within Saudi Arabia’s insurance industry. In Jordan, tourism revenue rose 17.5% in May to $630 million, bringing total earnings for the first five months of 2025 to $3.06 billion.

China has extended visa-free entry for up to 30 days to citizens of Saudi Arabia, Oman, Kuwait, and Bahrain—boosting bilateral tourism and commerce from June 9, 2025, through June 8, 2026.

The European Commission said it added Algeria, Angola, Ivory Coast, Kenya, Laos, Lebanon, Namibia, Nepal and Venezuela, along with Monaco, to the list of countries subject to extra monitoring of their money laundering controls.

Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a record-breaking first quarter in mergers and acquisitions (M&A), as deal value soared to $46 billion—a 66% increase year-on-year (YoY). According to Saudi M&A Consulting, this robust growth reflects rising investor confidence, favorable regulatory...

Qatar's foreign reserves rise 3.6 percent year-on-year despite a dip in bonds and treasury holdings, Iraq releases Australian and Egyptian engineers and other developments.

As the region pivots toward a post-oil future, recent developments across the Middle East and North Africa suggest an accelerating shift—driven by policy ambition, digital reform, and investment recalibration.

Sales to countries considered part of the Abraham Accords -- the United Arab Emirates, Bahrain and Morocco who signed groundbreaking normalization agreements with Israel in 2020 -- appeared to have sharply risen from 3 percent in 2023 to 12 percent.

Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students in artificial intelligence (AI) and advanced technology through an initiative called ‘STEM for Life: Future of AI Schools Challenge’ which held the finals today at the Abu Dhabi Energy Centre....

Under the new law, companies are required to report and reduce their emissions of the greenhouse gases that are responsible for global warming. Ghiwa Nakat, executive director of Greenpeace MENA, called it a "progressive move".

 Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a remarkable surge in mergers and acquisitions (M&A) activity, according to the latest EY MENA M&A Insights 2024 report. The first quarter of the year saw a substantial 31 percent increase in deal volume,...

Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...

Abu Dhabi, UAE -- The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, announced the successful completion of the May 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to...

This is a 30% YoY increase over Q1 2025.

Executive Director Mohamed Al Rais unveils a tech-human hybrid approach to personalize travel experiences — and announces a strategic India office to tap into Dubai’s largest source market.

Dubai’s short-term rental sector is being reshaped by cutting-edge proptech. From AI-driven guest personalization and immersive VR tours to smart home automation and sustainable energy solutions, technology is enhancing guest satisfaction and owner efficiency. With its strong digital infrastructure and appetite for innovation, Dubai is poised to lead the global...

Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of the companies involved were worth more than $14 billion.

US President Donald Trump on Friday capped off a Gulf tour in Abu Dhabi that has seen the securing of multi-billion-dollar deals, a $1.4 trillion investment pledge from the UAE, as well as historic overtures to Syria and renewed optimism over an Iran nuclear deal.

US President Donald Trump said Thursday a deal was close on Iran's nuclear programme that would avert military action, sending oil prices tumbling, as he boasted of raising "trillions of dollars" on a Gulf tour.

US President Donald Trump on Thursday closes a Middle East tour in the United Arab Emirates as he focuses squarely on seeking deals after billions of dollars of pledges from Saudi Arabia and Qatar.

The announcement comes after Lebanon's President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi on Wednesday, after which it was announced that the ban would be lifted.

Saudi Arabia, along with Russia and six other members of the oil cartel, will implement a production adjustment of 411,000 barrels a day out of the ground, as in May, according to a OPEC+ statement, whereas the initial plan called for an increase of just 137,000 barrels.

The Group's revenue increased 8 percent YoY.

"The security services succeeded in preventing the transfer of a quantity of military equipment to the Sudanese Armed Forces following the arrest of members of a cell involved in unauthorized mediation, brokering and illicit trafficking of military equipment," UAE Attorney General Hamad Saif Al Shamsi said.

The total dividend paid to shareholders in 2024 $1.3bn.

Dubai, UAE: As 2025 unfolds, travel brands are facing a significant challenge: customer loyalty. Traditional rewards programmes, often based on points systems, struggle to meet the expectations of modern travelers who increasingly value personalised experiences over generic incentives. To stay competitive, brands must move away from price-based rewards like discounts, which can...

Nairobi, Kenya -- A $500-million fund aimed at improving maternal and neonatal health in sub-Saharan Africa was launched Tuesday in Abu Dhabi at a time when Western countries are sharply cutting aid to Africa. The Beginnings Fund brings together philanthropists including the Gates Foundation and the Mohamed bin Zayed Foundation...

Boeing had pushed back the first delivery to 2026 from 2025.

"Saudi Arabia will go into the Abraham accords," Trump said, referencing the historic agreement struck at the end of his first term in 2020, which saw United Arab Emirates, Bahrain, Sudan and Morocco normalize relations with Israel.

Dubai, UAE: The Arabian Travel Market, which will take place from Apr 28 to May 1 at the Dubai World Trade Centre, will bring together professionals and leaders from all travel sectors and verticals including leisure, business events (MICE), luxury and corporate travel sectors. At a press conference, RX Global,...

Q1 2025 net profit before tax increased 18% YoY.