Emirates Group, owner of the Middle East's largest airline, announced Thursday a 3% rise in annual net profit to $5.7 billion, a resilient performance that underscores the group's ability to navigate one of the most turbulent periods in its history.
A new Euromoney study examines how the region's largest private banks are adapting to one of the most significant wealth transfers in Gulf history.
Abu Dhabi National Oil Company (ADNOC) announced Sunday a commitment to spend $55 billion on new projects over the next two years, a bold opening move in the UAE's new era of energy independence, coming just two days after the Emirates officially withdrew from the OPEC cartel.
The emirate's foreign trade figures signal a deepening integration into global markets and accelerating economic diversification away from hydrocarbons.
Aldar Properties, Abu Dhabi's largest real estate developer and asset manager, has reported robust first-quarter 2026 results, with net profit after tax climbing 20% year-on-year to AED 2.3 billion ($626 million), on revenues of AED 8.7 billion ($2.4 billion).
From zero corporate tax to a 20-year income tax exemption for new residents, Ankara is rolling out an ambitious package to turn Istanbul into a global financial hub.
US ride-hailing giant Lyft has acquired the London taxi operations of Israeli app Gett for an estimated $50 million, according to Israeli financial daily Globes, which broke the story on Friday.
Strong asset growth and disciplined strategy drive a solid performance for UAB amid global market uncertainty.
With global energy markets in turmoil and the world scrambling for alternatives to Gulf supplies, Algeria has moved decisively, launching an international bidding round for new hydrocarbon concessions at precisely the right moment.
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.
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