Middle East companies distributed $29.2 billion in dividends during the first quarter of 2026, underscoring the region's resilient corporate earnings and continued commitment to shareholder returns de...
Abu Dhabi Commercial Bank (ADCB) reported a record profit before tax of Dh3.83 billion for the second quarter of 2026, marking a 26% increase compared with the same period last year. The strong perfor...
UAE telecom operator Emirates Integrated Telecommunications Company (du) reported a 12.6% increase in first-half net profit on Wednesday, supported by higher service revenue, improved operating margin...
A strategic UAE-China business partnership has been launched to help companies expand across the Middle East and East Asia through integrated legal, corporate, and advisory services....
Al Ansari Financial Services PJSC has expanded its partnership with global money transfer company Western Union by extending its international remittance services through its subsidiaries in Bahrain a...
Global oil prices extended their rally on Monday, with Brent crude climbing above the $90-per-barrel mark for the first time in weeks as escalating military tensions between the United States and Iran...
Abu Dhabi-based developer Modon has sold all 300 residences in the final phase of its Bashayer waterfront community on Hudayriyat Island within 24 hours of launch, generating approximately Dh1.25 bill...
UAE-based defence and advanced technology group EDGE has signed an agreement to acquire a 100 percent stake in Brazilian aerospace engineering company AKAER, marking a significant step in its global e...
SK Hynix shares plunged more than 11% on Thursday, leading a broad sell-off in Asian semiconductor stocks after weakness in U.S. chipmakers triggered fresh concerns over elevated valuations in the art...
The outlook for UAE fuel prices has become increasingly uncertain after global crude oil prices climbed sharply amid renewed geopolitical tensions in the Gulf region....
Global Markets: Crude oil prices extended their upward momentum on Tuesday after renewed geopolitical tensions in the Middle East raised fresh concerns about the stability of global energy supplies. I...
Global oil demand is expected to record its first annual decline since the COVID-19 pandemic, according to the latest monthly report from the International Energy Agency (IEA). The agency forecasts th...
Nasdaq Dubai has added 33 new fixed-income listings worth $13.8 billion since the start of 2026, reinforcing Dubai's position as one of the world's leading hubs for sukuk and debt capital markets. Int...
Ajman Bank has successfully completed its inaugural $300 million Additional Tier 1 (AT1) Perpetual Non-Call 5.5-Year Sukuk, pricing the issuance at a 6.5% profit rate. The milestone transaction streng...
Global oil prices surged more than 3% during early Asian trading on Wednesday after renewed military tensions involving Iran heightened concerns over the security of the Strait of Hormuz, a vital mari...
Seven members of the OPEC+ alliance have agreed to increase their combined crude oil production by 188,000 barrels per day (bpd) in August, extending the group's gradual supply expansion as global oil...
Global oil prices traded with little movement during Asian trading on Monday as easing geopolitical tensions in the Middle East offset expectations of firm seasonal fuel demand. While benchmark crude ...
Singapore authorities have seized a luxury mansion worth S$55 million (US$42.5 million) as part of an ongoing investigation into an alleged Nvidia AI chip smuggling and money laundering network, offic...
Bank of Baroda has agreed to pay $600 million to settle litigation related to the collapse of UAE-based healthcare company NMC Health, bringing an end to years of legal proceedings against the Indian ...
UAE motorists are enjoying lower fuel prices in July after the country's monthly fuel price revision reflected a sharp decline in international crude oil prices, offering welcome relief following mont...
