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...

Abu Dhabi’s 2PointZero subsidiary buys a stake in US health tech firm Whoop

A subsidiary of the Abu Dhabi-listed 2PointZero Group PJSC has acquired an undisclosed stake in the US-based health tech firm, Whoop, Inc. Financial details of...

Saudi’s Catrion acquires 55% stake in Al Khalejiah Catering for $117.56mln

Saudi Arabia’s Catrion has completed the acquisition of a majority shareholding in Al Khalejiah Catering Company in a deal worth up to SAR 440.86...

Dubai’s endowment assets reach $3.68bln

The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) announced that the total value of endowment assets in Dubai reached AED13.5 billion in...

UAE’s IHC unit Judan acquires 50.1% stake in US firm Alpha Wave

IHC subsidiary Judan Financial has acquired a 50.1% stake in Alpha Wave Global, a US-based investment management firm. The deal is expected to provide the...

Sharjah Islamic Bank approves 20% cash dividend

Abdul Rahman Al Owais, Chairman of the Board of Directors of Sharjah Islamic Bank (SIB), chaired the Bank’s Annual General Assembly meeting, which was...

Saudi Aramco 2025 net profit falls 12%

Saudi Aramco reported a decline in full-year 2025 net profit mainly due to lower prices of crude oil and chemical products. The company, which supplies...

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

Bank removes charges on withdrawals and debit card replacements to ease access to fundsDubai: Emirates NBD has waived a range of banking fees for...

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion) in the week ending Feb. 28, even as the number of transactions declined. According to the latest data from...

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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...