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Browsing: Business & Economy
When it comes to protecting the integrity of the global financial system, few nations pack a punch quite like the…
Air Arabia has reported a net profit of AED 415 million for the second quarter ending June 30, 2025, 3…
Abu Dhabi attracts 13 cutting-edge AI start-ups to Hub71 in global tech push
Abu Dhabi is cementing its position as a global hub for artificial intelligence (AI), driven by world-class infrastructure, progressive legislation,…
Salik declares 100% payout as H1 earnings hit $210m following new gates and variable pricing
Dubai toll gate operator Salik has reported a sharp increase in first-half earnings for 2025, driven by new toll gates,…
UAE airlines add 15 new destinations as passenger numbers hit 75.4m
UAE airlines have expanded their global footprint with 15 new destinations in the first half of 2025, helping drive passenger…
PIF assets hit $913bn in 2024 as Saudi fund drives economic transformation
Saudi Arabia’s Public Investment Fund (PIF) grew its assets under management by 19 per cent to $913bn in 2024, as…
GCC asset management soars 9% to $2.2tn as Saudi Arabia, UAE lead
Saudi Arabia and the UAE were the key growth engines in the retail mutual fund sector, while Kuwait and Abu…
Lulu Retail H1 revenue surges 5.9% to $4.1bn, net income up by 9.1%
Lulu Retail Holdings reported a 5.9 per cent year-on-year jump in its first six month (H1) revenue, clocking sales of…
Dubai Smart Rental Index bears fruit as landlords recalibrate pricing strategies
The Index, launched by the Dubai Land Department (DLD) in January 2025, has shifted bargaining power towards tenants and created…
The classic career arc – decades of work leading to a single, distant retirement, is being reconsidered by a new…