UAE News — AKHBAR.COM

100 of 101 actively traded companies submitted their second-quarter financial statements Dubai: Companies listed on the Abu Dhabi Securities Exchange recorded a 38% increase in aggregate profits during the first half of 2026 compared with the same period last year, according to data released by the exchange on Friday. The increase comes alongside a…

Emirates will increase the operation of its A380 aircraft on the Dubai-Bali route, deploying two daily flights to Bali's Ngurah Rai International Airport from 28 March 2027, reflecting continued strong demand for travel between Dubai and the Indonesian tourist destination.The increase comes as Emirates continues to expand its A380 network. According to updated flight schedules,…

Strong demand in the UAE, KSA and Bangladesh supported resilient results, alongside disciplined operational execution Group Financial Highlights Ras Al Khaimah, United Arab Emirates, 6thAugust2026: RAK Ceramics PJSC (Ticker: RAKCEC: Abu Dhabi), one of the world’s leading lifestyle ceramics brands, reported resilient financial results for the secondquarter ending 30thJune2026. Financial Highlights RAK Ceramics…

Investors buying by August 27 qualify, with payment expected within 30 days Dubai: Borouge Plc shareholders are set to receive an interim dividend of 8.1 fils per share for the first half of 2026 after the company approved a $656 million payout. Investors seeking entitlement to the dividend have until August 27 to purchase the…

Dubai: Dubai Chambers has signed a Memorandum of Understanding (MoU) with the National Association of Software and Service Companies (NASSCOM) to advance cooperation in Agentic AI and support the growth and expansion of Indian companies specialising in the technology from Dubai.The agreement seeks to strengthen collaboration between Dubai and India's Agentic AI ecosystems by fostering…

Canadian Prime Minister Mark Carney and United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan celebrated the “successful conclusion” of negotiations for a Canada-UAE Comprehensive Economic Partnership Agreement during a phone call Wednesday, Anadolu reports. The agreement is the “fastest such agreement ever negotiated in the two countries’ histories,” according to a statement…

Martyn Day and Nidhin Chand hold traditional ceremony a decade after their UK wedding Scottish National Party politician Martyn Day and his Kerala-born wife Nidhin Chand have celebrated their marriage with a traditional ceremony at Guruvayur, a decade after the couple first married in the UK. The ceremony fulfilled a long-held wish of Nidhin, who…

DUBAI: The Dubai International Financial Centre (DIFC) Courts received 243 opt-in cases in the first half of 2026, representing 30 percent of the 810 cases filed across all divisions. Of these, 201 were filed in the Small Claims Tribunal (SCT), while 42 were filed across the Court of First Instance (CFI), the Arbitration Division and…

At a moment when the Gulf is emerging as one of the world’s most ambitious hubs for impact investment and climate finance, two organizations with complementary strengths are joining forces to make tha...

Lower US yields, ETF inflows and fresh regulatory hopes push crypto prices higher Dubai: Bitcoin climbed above $70,000 for the first time in more than two months on Thursday, extending a two-day rally that has brought buyers back into the cryptocurrency market following lower US Treasury yields, fresh institutional inflows and renewed hopes of regu…

Dubai: Dubai Chambers has signed a Memorandum of Understanding (MoU) with global e-commerce platform Trendyol to strengthen support for small and medium-sized enterprises (SMEs) and accelerate their digital growth.The partnership combines Dubai Chambers' extensive business network with Trendyol's e-commerce infrastructure and expertise, with the aim of helping local companies expand their online presence, access new…

Dubai, UAE August 2026: SUMEA, the Dubai-headquartered international sourcing, procurement and supply chain group, has opened SUMEAWORLD, anearly 12,000 square metreglobal trade hub in DP World’s Jebel Ali Free Zone (Jafza), consolidating sourcing, procurement, warehousing and global distribution under one roof. The facility, secured on a 20-year commitment, will serve as SUMEA’s regional headquarters and…

Amanat plans Dh1.5b expansion as healthcare gaps and rising UAE enrolments fuel growth Dubai: For Amanat Holdings CEO John Ireland, the case for healthcare and education is becoming less about surviving economic cycles and more about capturing structural growth. The Dubai-listed investment company, which has built its portfolio around healthcare an…

Gold prices steadied on Friday after pulling back from a more than two-month high, as investors booked profits following a rally fuelled by softer U.S. inflation ⁠data and fading expectations for a Federal Reserve rate hike in September.Spot gold was little changed at $4,351.45 an ounce by 1113 GMT after the contract fell 1.3% in…

(MENAFN - Mid-East Info) The collaboration turns the moment people get paid into a moment to start investing, learning, and building long-term wealth Abu Dhabi, United Arab Emirates – August, ...

The proposed venture will focus on copper, zinc, lead and rare earth elements Dubai: Aramco and Maaden have signed a shareholders’ agreement to form a joint venture focused on mineral exploration and hard-rock mining across approximately 182,000 square kilometres of Saudi Arabia, an area equivalent to nearly 10% of the Kingdom’s total land mass. Th…

LOS ANGELES: For a billionaire and a tech investor who also has one of the U.S.' best-known surnames, Josh Kushner has managed to stay off the front pages and out of the world's broader discourse to a remarkable degree.That's all changed this summer, at least in the parts of the world with a passion for…

Led by Mubadala Investment Company “Mubadala”, and co-led by Woven Capital (Toyota) and Ion Pacific, the Series C accelerates Moove’s global infrastructure platform for autonomous mobility as the market shifts from breakthrough technology to scaled deployment. ● $250 million Series C values Moove at $2.1 billion, cementing its position as the category defining infrastructure company…

Get ready for back to school with these essential school supplies Students are getting ready for another busy academic year, and for many, a laptop will be at the centre of everything from lectures and assignments to research and group projects. If you’re heading back to university or starting a new semester, chances are you’re…

London: European shares traded near record highs on Wednesday as investors assessed corporate earnings and awaited key US inflation data, while escalating geopolitical tensions supported gains in defence and energy stocks.The pan-European STOXX 600 index was little changed at 660.17 points by 0837 GMT, remaining close to the record high reached on Monday and bringing…

Wynn Resorts has set September 2027 as the opening date for Wynn Al Marjan Island in Ras Al Khaimah, providing its clearest timetable yet for the UAE’s first licensed integrated gaming resort. The Las Vegas-based company announced the date while reporting stronger second-quarter revenue and profit, supported by a sharp improvement at its Macau properties…

Major technology, travel, property and consumer shows will run across two Dubai venues Dubai: Dubai will host a packed run of exhibitions, conferences and consumer events through the end of 2026, with GITEX Global, Arabian Travel Market, Beautyworld Dubai, Big 5 Global and Automechanika Dubai among the major shows scheduled between August and Decem…

Abu Dhabi: Finance House PJSC and its subsidiaries, collectively referred to as Finance House Group (FH Group), reported a total comprehensive profit of AED 25.55 million for the half year ended 30 June 2026, an increase of 179% from AED 9.15 million in the corresponding period of the previous year.The performance was delivered against a…

IBM released its 2026 Cost of a Data Breach Report, revealing that the average cost of a data breach for organizations in the Middle East. The post IBM Study: Average Cost of a Data Breach Cost in the Middle East Reaches $8 Million in 2026, with One in Four Malicious Breaches AI-Enabled appeared first on…

Euro holds near a two-month high while sterling stays close to a three-month peak Dubai: The US dollar hovered near multi-month lows against major currencies on Wednesday, with softer Treasury yields and reduced expectations for another near-term Federal Reserve rate increase weighing on the currency ahead of the release of the central bank's lates…

Sharjah: Khorfakkan Port, operated by the Sharjah Ports, Customs and Free Zones Authority, is set to receive a record shipment of 6,068 new energy vehicles manufactured by Chinese automotive giant BYD, marking a milestone in growing trade links between the UAE and China.The vehicles are being transported aboard a large roll-on/roll-off (RoRo) vessel that departed…

Arabian Post Staff -Dubai The global oil market has lost more than 2.6 billion barrels since the US-Israeli war with Iran began on February 28, Saudi Aramco chief executive Amin Nasser has said, warning that depleted inventories will take more than a year to rebuild. The cumulative loss is equivalent to nearly one month of…

Arabia Taxi fleet integration aims to boost availability, cut waiting times Dubai: Dubai Taxi Company (DTC) is expanding the number of taxis available through Bolt in Dubai after signing a partnership agreement with Arabia Taxi to integrate 1,607 vehicles into the ride-hailing platform. The move is expected to increase the pool of taxis available t…

Dubai: Danube Properties, who pioneered the iconic 1% per month payment plan, has unveiled another attractive homeownership opportunity aimed at making property ownership in Dubai more accessible than ever. Bayz 101 by Danube and Bayz 102 by Danube, two landmark residential developments in the prestigious Business Bay district, are now available for a limited-time offer…

Dana Gas and Crescent Petroleum commence gas suppliesto the Iraqi Ministry of Electricity Sharjah, UAE04 August2026: Dana Gas, the Middle East’s first and largest regional private and publicly-listed natural gas company, and Crescent Petroleum, the region’s oldest private oil andgas producer, have commenced suppliesof natural gas from the Khor Mor field in the Kurdistan Region…

Dubai-based Parkin will explore ANPR, AI cameras, barrierless parking solutions in Egypt Dubai: Dubai-based parking operator Parkin is expanding into Egypt, signing an MoU with three Egyptian companies to explore the development of smart parking and mobility solutions in the country. The MoU with Modon Misr for Asset and Facility Management, Mwasal…

India may impose a charge on cooking gas and natural gas consumers to help fund a planned $42 billion strategic fuel reserve, according to two sources with direct knowledge of the matter, after disruptions from the Iran war exposed supply chain vulnerabilities.The plan would extend India's strategic reserves beyond crude oil for the first time,…

(BUSINESS WIRE)--The General Pension and Social Security Authority (GPSSA) has renewed its mandate with Northern Trust (Nasdaq: NTRS), extending a long-standing relationship which began in 2012. GPSSA is the United Arab Emirates (UAE) federal authority responsible for managing pensions and social security for Emirati employees across the federal government and private sector. As a state…

Ministry says forces ready to safeguard sovereignty amid rising regional tensions The UAE Ministry of Defence said its air defence systems detected two ballistic missiles launched from Iran towards the country. The ministry said the first missile fell outside the UAE’s territorial waters, while the second fell within them.

LOS ANGELES: Foundations funded and co-founded by Leonardo DiCaprio and Jeff Bezos have launched an initiative committing $200 million to revive 100 of Earth's most threatened species, including endangered lemurs, salamanders, pangolins, pigs and echidnas.DiCaprio's Re:wild and the Bezos Earth Fund are leading the Phoenix Species Project, the groups announced Tuesday. They call it the…

The partnership will unlock KSh10.4 billion (US$80 million) over the next five years to accelerate implementation of Kenya’s Every Woman Every Newborn Everywhere (EWENE) Acceleration Plan and support the country’s 90-90-80-80 maternal and newborn health targets.

From teaching Vietnam to trailing it, Manila races to turn raw resources into export power For nearly three decades, a homegrown veteran of the Philippine Economic Zone Authority (PEZA) has watched the country’s industrial ambitions evolve — and watched a former student in the region race ahead. The Philippines helped Vietnam learn from its experie…

Abu Dhabi: The Ministry of Finance (MoF) has announced the adoption of the 'Aani' instant payment platform and 'Jaywan' domestic card payment scheme as new payment channels for federal service fees and fines, becoming the first federal government entity to implement the initiative.The move follows Cabinet Resolution No. (176M/4M) of 2026 concerning the adoption of…

Arabian Post Staff -Dubai Saudi Aramco said attacks on its facilities during July caused no material disruption to production, as the company rerouted crude exports and accelerated plans to strengthen capacity beyond the Strait of Hormuz. President and chief executive Amin Nasser said the energy group continued operating through the strikes while maintaining a supply…

Shanghai listing frenzy propels cutting-edge humanoid robot maker to new heights Shanghai: Shares of Chinese humanoid-robot maker Unitree Robotics surged more than 500% in their Shanghai debut on Wednesday, underscoring the extraordinary investor enthusiasm surrounding China's push into artificial intelligence, robotics and so-called “physical AI.”…

Dubai: Dubai Summer Surprises (DSS) 2026 has entered its final decisive week, offering visitors and residents a packed calendar of entertainment, shopping, dining and family activities, with several flagship events set to conclude in the coming days while others continue through August and September.Organised by the Dubai Festivals and Retail Establishment, part of the Dubai…

LOGIC Consulting has appointed Adel Al-Ahmadi as Senior Partner and Managing Partner of its Riyadh office. Established in 1998, LOGIC Consulting is an award-winning regional management consulting firm with offices in Egypt (headquarters) and four in the Gulf region.

Programmes will cover leadership, AI, financial analysis, strategy and advisory skills Dubai: The UAE Ministry of Finance has partnered with DIFC Academy to launch two specialised programmes aimed at developing the next generation of financial leaders and advisers across federal entities. The Certified Chief Finance Director Programme and Certified…

MUMBAI: India has seen a rise in unofficial gold inflows since the government raised import tariffs on the ‌precious metal earlier this year, widening margins for grey-market operators and hurting organised players, the World Gold Council said on Thursday.India, the world's biggest gold consumer after China, more than doubled import tariffs to 15% on May…

PwC has appointed Antoine Abou Mansour – the former leader of its M&A practice across the region – as Chief Operating Officer and a member of the firm’s Executive Committee. A long-standing PwC partner, Abou Mansour joined the firm at the turn of the century and has held several senior leadership positions throughout his career.

2,0,536 qualifications are automatically recognised as of mid-August 2026 The Ministry of Higher Education and Scientific Research has announced its ongoing efforts to expand its initiative for the automatic recognition of academic and professional qualifications issued by higher education institutions in the UAE by bringing more universities into …

Abu Dhabi, 31July 2026 – PureHealth Holding PJSC (“PureHealth” or “the Group”) (ADX Symbol: PUREHEALTH), the largest healthcare group in the Middle East, today announced its financial results for the six-month period ended 30 June 2026. The Group delivered a strong financial and operational performance during the first half of the year, primarily supported by…

Offer at Dh6.25 a share opens August 18 and runs until September 15 Dubai: L'IMAD, a sovereign investor of the Government of Abu Dhabi, has launched a voluntary tender offer through its wholly owned subsidiary Abu Dhabi Developmental Holding Company PJSC, or ADQ, to acquire up to 100% of the remaining shares in AD Ports.…