The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of 7.2 kilometres of the pristine Mediterranean shoreline", a statement from the Qatari Diar company said.

Dubai, United Arab Emirates -- US software firm Palantir launched a joint venture with the Dubai government's investment arm on Tuesday, as the United Arab Emirates continues its push into AI. The joint venture, named Aither, was unveiled a day after Microsoft announced $15.2 billion in AI and cloud computing...

In the post-digital world, Bahrain’s center of activity, the city of Manama, has stiff yet healthy competition from the GCC financial centers such as Dubai, Riyadh and Doha. However, one must acknowledge that when it comes to reforms and financial services Bahrain has been the pioneer in the region, the...

The deal sent US chip-maker Nvidia shares up 2.6 percent, buoyed by hopes the AI juggernaut could see access for its most advanced chips expand to more markets.

The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in financing the kingdom's gigaprojects - major developments aimed at boosting and diversifying its oil-reliant economy.

With volatile geopolitics and the resulting uncertainty, the year 2025 has been challenging for most of the countries across the world. The tariff winds emerging from Washington D.C. have shaken economies in all directions, but Oman managed to get the basic 10 percent tariff despite the 2009 US-Oman Free Trade...

DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for the World Economic Forum's inaugural joint session of the Annual Meetings of the Global Future Councils and Cybersecurity. The crucial, three-day summit, running from October 14 to 16, 2025, is...

Doha, Qatar -- The United Arab Emirates moved to within a match of their second World Cup appearance with a comeback 2-1 victory against Oman in Doha on Saturday. The Emiratis, who last appeared at a World Cup in 1990, were made to work for their win, when late goals...

Abu Dhabi, United Arab Emirates -- The world's top conservation body kicked off its world congress Thursday in the Emirati capital Abu Dhabi, where it will unveil its updated "red list" of threatened species a day later. Hundreds of participants were meeting at the venue where the International Union for...

Multiply Group will hold 60.8% of ISEM.

Ajman, UAE -- Real estate transactions in Ajman reached AED 2.97 billion in September, achieving a remarkable growth of 53 percent compared to the same period in 2024, according to real estate report issued by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, Director-General of...

Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding, from the possibility of curing genetic diseases to transforming urban mobility or enabling green data centers. With the global AI market set to reach $4.8 trillion by 2033 (UNCTAD), the...

Across the region, countries are aligning national visions with real investment in health, longevity, and quality of life.

The non-oil economy expanded 6.6 percent year-on-year to AED174.1 billion — the highest quarterly value on record — and accounted for 56.8 percent of GDP for the first time in a second quarter.

Abu Dhabi, UAE — The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has completed the September 2025 auction of dirham-denominated Islamic Treasury Sukuk (T-Sukuk), raising AED1.1 billion. The auction, part of the UAE’s 2025 T-Sukuk programme, saw strong demand from the eight primary...

Dubai, United Arab Emirates -- India skipper Suryakumar Yadav again refused to shake hands with Pakistan's Salman Agha as he won the toss and elected to field in their Super Four contest of the Asia Cup on Sunday. The two neighbors come into the key match of the regional tournament...

Arab and Muslim leaders called for a review of ties with Israel after emergency talks in Doha on Monday following last week's deadly strike on Hamas members in the Qatari capital.

Sharjah, UAE -- The Sharjah FDI Office (Invest in Sharjah) has announced an exceptional increase in foreign direct investment during the first half of 2025, marking the strongest performance among all UAE emirates. In this time period the emirate recorded 74 FDI projects, a 57 percent surge from the 47...

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of growing risks linked to users’ digital footprints, saying more than 1.4 billion accounts are hacked globally each month. The council said every login, post or interaction online leaves a trace that can be exploited. It identified two...

The UAE, along with Bahrain, was the first Gulf country to normalize ties with Israel in 2020 and has been a frequent critic of its actions since the start of the Gaza war.

The rights issue aimed at boosting growth.

Net profit before GAC $445 million.

The Israeli military has been gearing up to seize Gaza City, the Palestinian territory's largest urban centre, with the United Nations estimating that nearly a million people live in and around the northern city.

Its net profit for H1 was $474 million.

Dubai, UAE -- The United Arab Emirates has continued to attract global companies looking to establish regional or global headquarters. In 2025, several major corporations, including PayPal and Veon, have either announced or completed the relocation of their headquarters to the UAE. This trend is supported by the country's legislative...

ABU DHABI – Abu Dhabi National Oil Company (ADNOC) has sold a 3 percent stake in its logistics and shipping subsidiary, ADNOC Logistics & Services (ADNOC L&S), for approximately AED 1.16 billion ($316 million). The placement of 222 million shares to institutional investors was significantly oversubscribed by seven times within...

Ajman, UAE -- Real estate transactions valued at AED 1.48 billion ($381 million) were recorded in Ajman in July 2025. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the month of July witnessed 220 real estate valuation transactions, with...

Abu  Dhabi, UAE -- The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks, revealing that more than 12,000 breaches have been recorded through such networks in the country since the beginning of this year. According to the Council,...

Dubai, UAE -- Dubai’s Creator HQ, the first headquarters for content creators in the UAE and the Middle East, has attracted 2,415 members from 147 countries within six months of its launch. The initiative aims to position the UAE as a global hub for the content economy, with a target...

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks, revealing that more than 12,000 breaches have been recorded through such networks in the country since the beginning of this year. According to the Council,...

Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere.

Dubai, UAE --  ‘Big-ticket’ events are playing a pivotal role in driving international tourism and accelerating economic growth, according to experts speaking recently at Arabian Travel Market (ATM) 2025. In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029, growing at a CAGR...

Dubai, UAE -- Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it attracted 143 companies to Dubai during H1 2025, representing a 138 percent increase compared to the 60 companies attracted in H1 2024. These included 31 multinational companies (MNCs),...

Abu Dhabi, UAE -- Abu Dhabi’s artificial intelligence (AI) sector witnesses a 61 percent increase between June 2023 and June 2024, according to data published by the Abu Dhabi Chamber, which said the emirate has 673 AI companies. Globally, there are approximately 90,904 AI companies as of 2024, which places...

Dubai, UAE -- The region's top hospitality professionals will converge at the Conrad Dubai Hotel on November 25-26, 2025, for the eighth annual Commercial Strategy Conference (CSC) MEA. Organized by the Hospitality Sales and Marketing Association International (HSMAI) Middle East and Africa, the event has been the premier gathering for...

Dubai, UAE --  Nearly 60 percent of travelers in the UAE trust Artificial Intelligence (AI) to plan every aspect of their trips, compared to 48 percent of travelers in other countries, with this figure predicted to rise as technology becomes more embedded into consumer habits. According to a recent report...

The company posted 31% increase in revenue.

Adjusted EBITDA rises to $2.36bn.

The H1 revenue stood at $2.72 billion.

Jerusalem, Undefined -- The United Arab Emirates has begun construction on a major pipeline to carry desalinated water from Egypt to southern Gaza, according to multiple sources. Technical teams sent by the UAE have started transporting equipment needed for the project, the Emirati state news agency WAM reported on Wednesday....

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...