Abu Dhabi’s TAQA secures $2.3bln term loan to drive growth
Abu Dhabi National Energy Company (TAQA) has secured an 8.5 billion UAE dirhams ($2.3 billion) term loan to boost liquidity and advance its growth. ...
‘Masdar’ achieves record portfolio growth of 62% in 2024
Masdar’s Sustainability Report highlights the company’s continued progress in key sustainability areas, including environmental perform ...
China leaves benchmark lending rates unchanged, matching forecast
China kept benchmark lending rates unchanged for the third consecutive month on Wednesday, meeting market expectations, as authorities signalled th ...
ADNOC listed companies harness AI to accelerate growth, deliver long-term value
ADNOC Group’s six publicly listed companies have accelerated the integration of advanced Artificial Intelligence (AI) technologies across the ...
ADNOC Distribution’s Net Profit Up 12% in H1 2025 YoY
ADNOC Distribution’s net profits increased by 12% year-on-year (YoY) in H1 2025 to $358 million, according to the company’s financial&n ...
Dubai Ports Injects $4.5 Billion into Global Projects in 2025
Dubai — Dubai Ports (DP World), one of the world’s leading logistics and port operators, announced a bold investment of $4.5 billion in ...
UAE telco e& revenue soars to $9.2bn in H1; net profit up 60pc
UAE telcom group & today (July 31) announced solid results for the first half of the year with a consolidated revenue of AED34.9 billion ($9.2 ...
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 ...
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