LVMH's most prized division, fashion and leather goods, home to Louis Vuitton and Dior, has reported a 2% decline in organic revenue in Q1, undershooting even the modest contraction analysts had anticipated, according to Gate Advisory, a firm specializing in Financial Intelligence.
The Gulf Cooperation Council (GCC) economy maintained solid momentum in the third quarter of 2025, with nominal GDP reaching approximately US$595 billion, representing annual growth of 2.2 percent compared to the same period in 2024, according to data from GCC-Stat.
The UAE Banks Federation (UBF) has welcomed the selection of the UAE to host the World Bank Group and IMF Annual Meetings in 2029, calling it a reaffirmation of the country's standing as a global financial hub.
Jordan's exports to European Union countries jumped 54.3% in January 2026, reaching JD 54 million compared to JD 35 million during the same period last year.
Abu Dhabi-based investment group 2PointZero has announced its participation in WHOOP's Series G funding round, joining a raise led by Collaborative Fund. The move signals a significant bet on the booming consumer health technology sector.
As missiles and drones continue to fly across the Middle East, Abu Dhabi is sending a clear message: business goes on.
Qatar's Energy Minister Saad Sherida Al-Kaabi announced Friday that Iranian attacks on the country's energy infrastructure would reduce liquefied natural gas (LNG) export capacity by 17%, resulting in estimated annual revenue losses of $20 billion.
International credit ratings agency S&P Global has affirmed Ras Al Khaimah's credit rating at 'A/A-1' with a stable outlook for 202, reflecting confidence in the Emirate's economic resilience and prudent fiscal management amid current global uncertainties.
Egypt's Minister of Industry Khaled Hashem met with a Mercedes-Benz Egypt delegation led by CEO Stefanie Volz to discuss expanding the German automaker's operations and deepening its investment in the Egyptian market.
DP World closed 2025 with the strongest financial performance in its history, defying global trade uncertainty to post results that exceeded expectations across every key metric.
Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, visited Friday the fieldwork teams and defence personnel stationed at the Fujairah Oil Industry Zone (FOIZ), a facility that was among the targets struck during Iran's sweeping missile and drone offensive against Gulf states earlier this week.
The Dubai Financial Services Authority (DFSA) has announced the reopening of Nasdaq Dubai, effective Wednesday, March 4, 2026, at 10:00 am Gulf Standard Time, following a period of closure amid the regional conflict convulsing the Middle East.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.