Finance

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...

UAE stock markets skyrocket after US and Iran ceasefire

Dubai Financial Market jumps over 8 per cent, while Abu Dhabi Securities Exchange gains over 5 per cent in early trade on Wednesday as...

SpaceX IPO: UAE, GCC investors eye record-breaking opportunity

The US-based space company has reportedly filed confidentially for an initial public offering (IPO), setting the stage for what could become the largest stock...

Mideast Stocks: Most Gulf markets ease on fears of broader Iran conflict

Most Gulf stock markets slipped on March 29, as fears of a broader Iran-linked conflict weighed on investor sentiment after Yemen’s Houthis launched their...

ADES Holding Co. reports $218m net profit

RIYADH: Oil drilling firm ADES Holding Co. reported a net profit of SR818.01 million ($218.07 million) in 2025, representing a 1.93 percent rise compared...

GCC sukuk liquidity shows mixed impact as Iran conflict weighs on markets: Fitch 

RIYADH: Global sukuk and debt capital markets in the Gulf Cooperation Council are facing varied liquidity headwinds as the ongoing conflict in Iran continues...

Abu Dhabi’s Adra says it is investigating ‘unjustified price increases’

The Abu Dhabi Registration Authority says it has also initiated an investigation into reports of certain businesses failing to provide necessary stock in recent...

Dubai Investments’ annual profit jumps 31% as diversified portfolio lifts earnings

Group’s total assets grew to Dh23.28 billion by the end of 2025, compared with Dh22.10 billion a year earlier. Equity attributable to shareholders also...

Saudi Arabia’s US Treasury holdings rise over 6% to $134.8bn in January

RIYADH: Saudi Arabia’s holdings of US Treasuries rose 6.22 percent from a year earlier to $134.8 billion in January, even as they declined from the...

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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...