Dubai Multi Commodities Centre (DMCC) has announced that the number of Indian companies registered in its business district had risen 9% over the past 12 months to more than 4 080 thus making India its...

Abu Dhabi-based UXE Group has signed a strategic partnership agreement with South Africa s Nascent Group aimed at enabling the development of innovative projects across key sectors including smart cities...

Lucid Group maker of the world s most advanced software-defined vehicles and technologies today outlined a comprehensive operational reset focused on strengthening execution reducing cash burn and improving...

Aluminium Bahrain (Alba) the world s largest aluminium smelter on one site has reported a profit attributable to its equity holders of BD64.9 million ( 172.5 million) for the second quarter of 2026 up...

The UAE s real gross domestic product grew by 3 percent in the first quarter of 2026 to reach AED485 billion ( 132.06 billion) at constant prices while non-oil GDP grew by 4.8 percent raising its contribution...

A fresh attack on a commercial vessel near the Strait of Hormuz and the diversion of Saudi-operated tankers away from the Red Sea underscored mounting risks to global energy supplies on Tuesday even as...

The Kingdom of Saudi Arabia remains one of the world s most active real estate development markets supported by robust non-oil economic growth ongoing regulatory reform and a substantial pipeline of infrastructure...

Gulf Warehousing Company (GWC Group) one of the region s leading logistics groups has signed a 15-year leasing agreement with Safari Shopping Center to establish a dedicated commercial retail facility...

Aramex a global logistics and transportation solutions company has announced solid results for the first half with its group revenues surging 22% to AED1.83 billion ( 498 million) helped by strong growth...

UAE-based Ora Developers has appointed D Marin a premium Greek yacht marina management company as the marina consultant for BAYN its flagship coastal community in Ghantoot region strategically located...

Agthia Group one of the region s leading food and beverage companies based in Abu Dhabi today (August 4) reported higher revenue earnings and cash generation for the first half thus reflecting the growing...

The Local Content and Government Procurement Authority (LCGPA) has signed two agreements to localise the industry and transfer knowledge for electric vehicles with CEER in exchange for inclusion on the...

Global chemical leader Saudi Basic Industries Corporation (Sabic) has announced that it has completed the sale of its engineering thermoplastics (ETP) business in the Americas and Europe to Mutares SE...

Saudi Arabia s Nama Chemicals has announced that it has initiated arbitration proceedings against a consortium comprising Green Dimension Company for Environmental Services and Confident Engineering International...

Taqa Abu Dhabi National Energy Company has issued a 750 million Blue Bond to support sustainable water and wastewater management projects marking the largest Blue Bond ever issued by an integrated power...

Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) Saudi Arabia s leading manufacturer importer and distributor of air conditioners and home appliances said it focused on strengthening its operational...