Spotlight

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that it has achieved a 99% compliance rate in the disclosure of the reviewed interim financial...

Sharjah Islamic Bank rights issue oversubscribed by 3.2 times

This successful capital raise further strengthens SIB’s capital base and enhances Sharjah Islamic Bank (SIB) announced the successful completion of its AED2.59 billion ($705.24...

UAE: MoHESR reviews 1,976 advertisements, conducts 72 inspection visits in Q1 2026

The initiative aims to ensure the quality of higher education programmes and academic training and protect students from non-compliant promotional practices The Ministry of Higher...

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...

Saudi AI company Humain partners with Turing to launch world’s first enterprise AI agent marketplace

Saudi AI company Humain partners with Turing to launch world’s first enterprise AI agent marketplace Unveiled at FII Priority summit in Miami on Wednesday, the...

Startup wrap Early stage funding momentum, IPO plans continue in MENA region

Startups raised a combined $326.6m, a 225% increase from last year RIYADH: Startups operating in the Middle East and North Africa witnessed multiple funding rounds...

50 new hotels planned in Saudi Arabia by 2029 under $1bn project

Business partnership launches AYARA hospitality platform at Future Investment Initiative’s annual conference in Miami Platform expects to deliver 5,000-7,000 rooms over the next 3 years...

When the Skyline Burns, Cash Is Still King 

In just over two weeks, financial assumptions built over the years have been tested in the real world.  In February, I wrote that cash is...

UAE keeps key interest rate unchanged amid Iran war, mirroring US Fed move

Base rate applicable to the Overnight Deposit Facility (ODF) stays at 3.65% Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has...

Saudi Arabia construction costs rise 1.4% in February: GASTAT 

RIYADH: Saudi Arabia’s construction sector maintained stable cost growth in February, with the index rising 1.4 percent year on year amid steady increases in residential and non-residential...

Artificial intelligence is transitioning into a ‘digital employee’

AI can be an effective tool, business leaders tell Arab News Not about jobs, but ‘convergence of human capital and AI’ RIYADH:  Artificial intelligence is fundamentally...

Don't miss

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...

Sharjah Islamic Bank rights issue oversubscribed by 3.2 times

This successful capital raise further strengthens SIB’s capital base...

UAE: MoHESR reviews 1,976 advertisements, conducts 72 inspection visits in Q1 2026

The initiative aims to ensure the quality of higher...

Forget vibrant shades, Apple’s foldable iPhone Ultra to launch in few colours

Get ready for Apple's first foldable iPhone, the Ultra,...

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

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