The Abu Dhabi Stock Exchange (ADX) witnessed the highest buying by foreign investors among GCC stock markets in the first quarter, a rep …
Japan’s crude oil imports in structural decline, dependence on Middle East grows
Japan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa. The decrease in Japan’s crude imports from 2022 to 2024 can be …
Sharjah Asset Management participates in Arabian Travel Market
Sharjah Asset Management, the investment arm of the Government of Sharjah, is participating in the Arabian Travel Market 2025, which will be held from 28th April to 1st May at the Dubai World Trade …
Empowering UAE Startups: DianApps introduces end-to-end mobile and web development services
The business now provides a full range of digital services designed to meet the demands of UAE startups and focused on development companies …
UAE’s Sunset Hospitality Group Bags US$25 Million Investment
UAE-headquartered global lifestyle hospitality company Sunset Hospitality Group (SHG) has secured a US$25 million investment from the private credit business line of the New York-based investment …
The Offshore Energy in the Gulf Fifteen Years after Deepwater Horizon
Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, Lauren Alexander Augustine, executive director of the Gulf Research Program, …
Limp Bizkit are coming to Abu Dhabi for a huge concert
Nu-metal fans, it’s time to dust off your backwards caps and cargo pants – Limp Bizkit are heading to Abu Dhabi for one loud, rebellious night of rock chaos. The legendary rap-rock band is set to tear …
Emirates NBD Reports 56% Surge in Profit Before Tax to AED 7.8 Billion
Emirates NBD’s Profit before tax rose 56% to AED 7.8 billion as strong lending momentum, an improvement in deposit mix and new products drove an 11% year-on-year increase in income. The balance sheet …
UAE’s ADNOC inks deal with China’s largest offshore producer as US tariffs bite
A third deal has been struck between a Chinese entity and the Abu Dhabi National Oil Company as Beijing scrambles for alternative sources to replace the US supply.
Israel optimistic on reaching trade deal with US, economy minister says
Israel is hopeful that it will reach a trade agreement with the United States before a pause to a barrage of U.S. tariffs on global imports expires on July 9, Israeli Economy Minister Nir Barkat told …
3,000-year-old necropolis found for first time in Abu Dhabi. See ‘mystery’ site
A large necropolis discovered in an ancient oasis provides a missing piece to the archaeological puzzle of the Iron Age, officials said. Screengrab from the United Arab Emirates’ Department of Culture …
Sharjah allocates 23 specialised vehicles for elderly and People of determination
Based on a decision by the Sharjah Executive Council (SEC), the specialised transportation service for the elderly has been transferred from the Sharjah …
Emirates NBD’s profit before tax surges 56% surge to Dh7.8b
Emirates NBD, a leading banking group in the UAE, announced a remarkable 56 per cent increase in profit before tax, reaching Dh7.8 billion for the first quarter of 2025. The bank’s performance was …
UAE: New generation of entrepreneurs transforming concept, purpose, and culture of enterprise
CEO of the Sharjah Entrepreneurship Centre proud to see founders achieving their goals while addressing complex challenges; from food security to inclusive and accessible services.
Emirates NBD’s profit before tax rises to AED7.8 billion in Q1
Emirates NBD’s Profit before tax rose 56 per cent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11 per cent year-on …
UAE fintech market to reach $3.56 billion in 2025: Forbes report
A Forbes report has forecast that the financial technology (fintech) market in the UAE is expected to reach US$3.56 billion in 2025, and US$6.43 billion by 2030, with a compound annual growth rate …
‘Felt humiliated’: UAE-based businessman shares ordeal with Indian Customs over his Rolex
When UAE-based businessman Vasu Shroff, known as Dubai’s Textile King, landed at Jaipur Airport at 7.30pm on April 12, he was expecting a peaceful welcome. Instead, the 85-year-old entrepreneur said …