News

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 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 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 Shamal Holding, an investment company based in…

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 Luberef, a base oil company owned by Saudi…

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 Saudi Arabia’s budget deficit fell to $9.2…

TECOM Group Sees 22% Profit Growth in First Half of 2025 Thanks to Higher Revenue Dubai-based TECOM Group, which runs business parks,…