News

Emaar Property Sales Jump 46% to $12.5 Billion in First Half of 2025
Dubai, Real Estate
Emaar Property Sales Jump 46% to $12.5 Billion in First Half of 2025

Emaar Property Sales Jump 46% to $12.5 Billion in First Half of 2025 Dubai-based real estate company Emaar saw a big rise…

ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand
Energy, UAE
ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand

ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand ADNOC Gas made a record profit of $1.4…

Dubai Islamic Bank’s Profit Rises 10.4% in First Half of 2025
Banking & Insurance, Dubai
Dubai Islamic Bank’s Profit Rises 10.4% in First Half of 2025

Dubai Islamic Bank’s Profit Rises 10.4% in First Half of 2025 Dubai Islamic Bank (DIB) reported a 10.4% rise in net profit,…

Saudi Arabia’s Economy Stays Strong as Non-Oil Sector Grows, Says IMF
Economy, Saudi Arabia
Saudi Arabia’s Economy Stays Strong as Non-Oil Sector Grows, Says IMF

Saudi Arabia's Economy Stays Strong as Non-Oil Sector Grows, Says IMF The International Monetary Fund (IMF) said Saudi Arabia's economy is doing…

Dubai’s Shamal Holding and LVMH’s Cheval Blanc to Build Luxury Island Resort in Arabian Gulf
Dubai, Real Estate, Travel
Dubai’s Shamal Holding and LVMH’s Cheval Blanc to Build Luxury Island Resort in Arabian Gulf

Dubai’s Shamal Holding and LVMH’s Cheval Blanc to Build Luxury Island Resort in Arabian Gulf Shamal Holding, an investment company based in…

UAE’s Fertiglobe Sees 41% Profit Rise in Q2, Reaches $20 Million
Business, UAE
UAE’s Fertiglobe Sees 41% Profit Rise in Q2, Reaches $20 Million

UAE’s Fertiglobe Sees 41% Profit Rise in Q2, Reaches $20 Million Fertiglobe, a fertilizer company based in Abu Dhabi, made a profit…

Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025
Energy, Saudi Arabia
Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025

Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025 Luberef, a base oil company owned by Saudi…

Dubai Financial Market’s Profit Jumps 298% in First Half of 2025 to $211.6M
Dubai, Finance
Dubai Financial Market’s Profit Jumps 298% in First Half of 2025 to $211.6M

Dubai Financial Market’s Profit Jumps 298% in First Half of 2025 to $211.6M The Dubai Financial Market (DFM) announced a huge 298%…

Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues
Economy, Saudi Arabia
Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues

Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues Saudi Arabia’s budget deficit fell to $9.2…

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