Business

ADPIC launches unified governance framework to accelerate infrastructure delivery across Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework aimed at accelerating approvals, strengthening coordination and enhancing project...

Agthia Group reports 12.5% net profit growth

Agthia Group PJSC announced a strong performance for the first quarter of 2026, reflecting disciplined execution across its diversified portfolio, and its ability...

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns 

Sukuk issuance across Gulf Cooperation Council countries rose 13.1 percent in the first four months of 2026, driven by strong local-currency borrowing in Saudi...

Fujairah Creative City ramps up investment drive to position emirate as global innovation hub

Advanced tech integration to align creative content with global market demands Fujairah Creative City (FCC) has reaffirmed its commitment to empowering national talent and fostering...

GCC listed firms’ revenues hit record $345bn in Q4: Kamco Invest 

RIYADH: Companies listed across the Gulf Cooperation Council saw revenues rise 3.6 percent to a record $344.8 billion in the fourth quarter of 2025,...

Oil jumps nearly 8% to above $102 ahead of US blockade on Iran

LONDON: Oil prices ​jumped back above $102 a barrel on Monday as the US Navy prepared to block ships to and from Iran via...

Dubai’s Al Habtoor Group launches Dh5 billion commercial tower

Al Habtoor Group on Thursday announced a new commercial tower within Al Habtoor City on Sheikh Zayed Road with an estimated value of Dh5...

Gold prices jump over Dh12 per gram in Dubai after US-Israel-Iran ceasefire

Gold prices jumped to a three-week high on Wednesday morning after the US-Israel-Iran ceasfire; markets are now likely to focus on ensuring that the...

Dubai’s ultra-prime rental market sets new benchmark with Dh20 million Marsa Al Arab Villa lease

Trophy homes with privacy, scale and service integration continue to attract global wealth despite a more measured marketDubai’s real estate market continues to demonstrate...

Adnoc Drilling shareholders approve $1 billion dividend

The approvals cap a record year in which Adnoc Drilling posted $4.9 billion in revenue up 22 per cent from 2024—and net profit of...

Gold faces steepest slide in years as strong dollar, war risks, rate outlook cap rally

Prices remain about 14 per cent below levels seen when the US-Israeli conflict with Iran escalated on February 28, underscoring a surprising shift in...

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ADPIC launches unified governance framework to accelerate infrastructure delivery across Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has...

Agthia Group reports 12.5% net profit growth

Agthia Group PJSC announced a strong performance for...

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns 

Sukuk issuance across Gulf Cooperation Council countries rose 13.1...

Startup wrap — Funding momentum steady amid MENA regional tensions

Startups operating in the Middle East and North Africa...

ADNOC Drilling completes acquisition of ‘MB Petroleum Services’ joint venture

ADNOC Drilling Company announced the completion of its transaction...