Business

UAE AI market to reach Dh170 billion by 2030, leading MENA boom

A Grand View Research report forecasts UAE’s AI market to hit Dh170 billion by 2030, anchoring the MENA region’s Dh610 billion AI surge. DUBAI: The UAE’s Artificial Intelligence (AI) market is projected to soar to Dh170 billion by 2030, solidifying its role as a regional leader in AI-driven transformation, according to new findings by California-based […]

Binghatti’s 9-month 2025 net profit surges 145% to record AED 2.66 billion

Binghatti reports AED 2.66 billion net profit for 9M 2025, driven by record sales, new launches, and efficient project execution across Dubai. DUBAI: Binghatti Holding Ltd has reported record-breaking financial results for the first nine months of 2025, posting a 145% year-on-year increase in net profit to AED 2.66 billion. This strong performance reinforces Binghatti’s […]

World’s largest ACMI provider picks Dubai South for HQ expansion

Avia Solutions Group, the largest ACMI provider globally, will establish its regional headquarters at Dubai South’s MBRAH by 2027. DUBAI: In a major boost to Dubai’s aviation sector, Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, has announced plans to set up its new regional headquarters at the Mohammed Bin […]

China’s major industrial firms post 3.2% profit growth over nine months

Profits of China’s large industrial firms rose 3.2% in the first nine months of 2025, with September showing a 21.6% year-on-year jump. BEIJING: China’s major industrial enterprises recorded a 3.2% year-on-year increase in profits during the first nine months of 2025, signalling a modest but steady recovery in the country’s manufacturing and industrial sectors. The […]

Dubai’s off-plan market hits 75% of property sales in Q3 2025

Dubai’s off-plan property market reached record levels in Q3 2025, making up 75.3% of all sales, driven by investor confidence and flexible developer offerings. DUBAI: Dubai’s real estate sector has recorded a new milestone, with off-plan properties accounting for over 75% of all sales in Q3 2025, according to data from Metropolitan Premium Properties (MPP). […]

Sharjah Investment Forum 2025 kicks off today with participation of 142 countries

Sharjah Investment Forum 2025 begins today alongside WAIPA’s World Investment Conference, welcoming 10,000 delegates from 142 countries. The Sharjah Investment Forum 2025 aims to drive global investment dialogue and partnerships. SHARJAH: The 8th edition of the Sharjah Investment Forum 2025 (SIF 2025) officially opens today at the Al Jawaher Reception and Convention Centre, marking a […]

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