Sharjah Islamic Bank reports AED 1.1 billion net profit in first nine months of 2025, marking a 24% year-on-year growth. SHARJAH: Sharjah Islamic Bank (SIB) has reported a strong financial performance for the first nine months of 2025, achieving a net profit after tax of AED 1.1 billion — a 24% increase from AED 891.3 […]
Dubai’s real estate market enters 2025/2026 strong, with US$2.6B in luxury home sales, despite looming risks from mid-segment oversupply and rising interest rates. Dubai, UAE: As Dubai enters the 2025/2026 business season, Elite Merit Real Estate shares its latest insights into the city’s property landscape, highlighting a resilient sector defined by record tourism inflows, strong […]
Blackstone and Abu Dhabi’s Lunate launched GLIDE, a $5 billion GCC logistics platform, to develop and manage Grade A infrastructure assets. ABU DHABI: Global investment firm Blackstone and Abu Dhabi-based Lunate have announced the formation of GLIDE—a $5 billion logistics platform targeting the Gulf region. The newly launched Gulf Logistics Infrastructure Development Enterprise aims to […]
Marjan CEO Abdulla Al Abdouli urged investors to tap into Ras Al Khaimah’s booming real estate and tourism markets, with current returns reaching up to 50%. DUBAI: Ras Al Khaimah is fast becoming the UAE’s newest investment magnet, offering 30–50% returns on investment, according to Abdulla Al Abdouli, CEO of Marjan, speaking at the Opportunities […]
The Royal Society for the Prevention of Accidents (RoSPA), one of the world’s leading safety organisations, has announced its strengthened focus on the UAE and GCC as part of its mission to reduce accidents globally. RoSPA Chief Executive Becky Hickman emphasised the need for a “whole-life” approach to safety that extends beyond workplaces into homes, […]
IBPC Dubai’s new Youth Conclave aims to nurture young Indian-origin leaders through innovation, entrepreneurship, and strategic mentorship across the UAE and beyond. DUBAI: In a major step to empower the next generation of Indian-origin changemakers, the Indian Business and Professional Council (IBPC) Dubai has launched its groundbreaking Youth Conclave Initiative, designed to shape future business […]
Kuwait oil price dropped to US$71.39 per barrel, reflecting wider declines in Brent and WTI crude across global markets. KUWAIT CITY: The price of Kuwaiti oil declined by US$1.35, settling at US$71.39 per barrel (pb) on Monday, according to a statement issued by the Kuwait Petroleum Corporation on Tuesday. This represents a drop from US$72.74 […]
Keeta, Meituan’s delivery arm, debuts in Dubai with 50% discounts, free delivery, and an on-time delivery guarantee. DUBAI: Food delivery in the UAE is getting a new player as Keeta, the global subsidiary of Chinese delivery giant Meituan, officially launches in Dubai on 27 September 2025. To celebrate the Keeta Dubai launch, new users can […]
Four Aster DM Healthcare hospitals in the UAE and Saudi Arabia have been named among Newsweek’s World’s Best Smart Hospitals 2026. DUBAI: Aster DM Healthcare has secured international recognition with four of its hospitals listed in Newsweek’s World’s Best Smart Hospitals 2026, which honours 350 hospitals worldwide that excel in adopting advanced technologies such as […]
Dubai hosts over 3,000 global experts at self-driving congress; WeRide and Deutsche Bahn win the 2025 Dubai Challenge. DUBAI: Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, officially inaugurated the […]
Gold prices slipped 0.39% after the Fed’s rate cut, as stronger US jobless and manufacturing data cooled investor demand. NEW YORK: Gold prices fell on Thursday during the North American trading session, retreating from recent highs after a combination of a Federal Reserve rate cut and stronger-than-expected US labour market data dampened investor appetite. Following […]
