Meta, Microsoft roar higher on strong earnings as AI spending booms
Shares of Meta closed up 4% on Thursday, after the companies reported better-than-expected earnings that beat on top and bottom lines. Both ...
Borouge reports $193m quarterly profit despite major plant maintenance
Borouge has announced a net profit of $193 million for the second quarter of 2025, exceeding market expectations despite completing its largest mai ...
UAE non-oil foreign trade exceeds Dh1.7 trillion in H1 2025: Sheikh Mohammed
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has said that the UAE, under the leadership ...
DXB marks busiest H1 with 46 million guests
Dubai International (DXB) welcomed 46 million guests in the first six months of 2025, marking its busiest first half on record. The 2.3 per ...
SNG: Orascom Construction’s board greenlights transferring primary listing to ADX
Orascom Construction PLC has announced that its board of directors has approved a strategic move to transfer the company’s primary share list ...
Hub for CFD Brokers in Dubai Sees Increased Activity in H1 2025
Dubai International Financial Centre reported its strongest first-half performance to date. DIFC functions as a regulated financial hub where the D ...
Stocks rise modestly, euro slides after US-EU trade deal
Wall Street equities rose slightly while European stock indexes turned lower and the euro took a tumble on Monday as investors greeted a trade agre ...
Americans see crypto as niche and ‘risky’ despite Trump’s pro-crypto push, corporate embrace: Gallup
Main Street still isn’t sold on crypto despite its regulatory glow-up in Washington. Roughly 14% of Americans own any cryptocurrency, ...
Intel Corporation (INTC) Releases Q2 Financial Results; Beats Revenue Expectations
On July 24, 2025, Intel Corporation (NASDAQ:INTC) reported its financial performance for Q2, surprising Wall Street with a revenue of $12.86 billio ...
Starlink suffers rare global outage as software failure disrupts services worldwide
Starlink, SpaceX’s satellite broadband network, suffered a rare global outage on Wednesday, leaving users across four continents without inte ...
UAE imposes $11.4m in fines during first half of 2025 on money laundering offenders
The UAE has imposed fines of more than Dh42 million ($11.4 million) on private sector entities during the first half of 2025 for not complying with ...
UAE banking sector assets exceed Dhs4.749 trillion by end of April
Total banking sector assets in the UAE, including bankers’ acceptances, rose by 0.6 per cent month-on-month to exceed Dhs4.749 trillion at th ...
FAB's Record H1 2025 Earnings: A Strategic Case for Undervalued Growth in the UAE Banking Sector
First Abu Dhabi Bank (FAB) has shattered expectations with its record-breaking first-half 2025 financial performance, posting a net profit of AED 1 ...
Trump announces 'massive' Japan trade deal
Donald Trump announced Tuesday a "massive" trade deal with Japan, as a deadline looms for other major US trade partners to strike agreements before ...
Abu Dhabi Securities Exchange signs MoU with Budapest Stock Exchange
The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing and leading exchanges in the Middle East, and the Budapest Stock Exchange (BSE) ...
ADQ Finalizes Acquisition of Majority Stake in Aramex, Expanding Logistics Footprint
Abu Dhabi’s sovereign investor ADQ has officially completed its acquisition of a majority stake in Dubai-listed logistics firm Aramex, markin ...
Oil Prices Dip as Trade Tensions Weigh on Demand
Global crude oil prices eked out losses for the third consecutive session on July 22, slipping amid renewed concerns over a brewing trade war betwe ...
Alaska Airlines Resumes Operations After Software Outage
Alaska Airlines said it had ended the ground stop, which lasted about three hours and resulted from a software outage. “Residual impacts&rdqu ...
Air Arabia to Launch Low-Cost Carrier in Saudi Arabia
A consortium led by the UAE-based airline won a bid from the General Authority of Civil Aviation (GACA) to establish a new airline based at King Fa ...
Mubadala Begins Al Maryah Island Waterfront Redevelopment
Mubadala Investment Company has officially commenced work on the transformation of the Al Maryah Island Waterfront in Abu Dhabi. The ceremo ...
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