business

Abu Dhabi’s NMDC Energy revenue climbs 41 percent as net profit reaches $158.7 million in H1 2025

The company expands its project pipeline to AED66 billion, enhancing regional industrial capabilities significantly

Dubai Gold and Commodities Exchange reports over 1 million contracts traded in H1 2025, 30 percent YoY growth

DGCX's Shariah-compliant Gold Spot Contract saw a remarkable 199.84 percent YoY trade value increase

The invisible edge: Why trading infrastructure now matters more than ever

Stable pricing, reliable execution, and immediate access to funds are the foundation of trust in the trader-broker relationship

Dubai 24-carat gold price today climbs AED5.25 to AED414 as investors eye Trump’s tariff deadline

Treasury Secretary hints at meeting with China, suggesting possible extension of August tariff deadlines 

Crude oil prices rise to $68.75 as U.S.-Japan trade deal boosts market optimism

Traders worry Trump's tariffs may slow global economic growth and reduce energy demand significantly

Ajman Bank posts strong H1 2025 results with 17 percent asset growth and AED 266 million in pre-tax profit

Customer deposits increased 11 percent year-to-date to AED 20 billion, reflecting healthy momentum across both consumer and wholesale banking segments

Abu Dhabi Securities Exchange, Budapest Stock Exchange sign MoU to explore opportunities for dual listings, cross-border trading

MoU further aims to promote visibility of capital markets through joint events and initiatives

Oman issues Treasury bills worth $56.4 million

The average discount rate and yield for 28-day Treasury bills stood at 3.91071 percent and 3.92248 percent

Luxury travel market customization, personalization expected to hit $620.71 million by 2032: Report

85 percent of hoteliers view personalization as a crucial driver of commercial value

Dubai to unlock capital inflows and strategic investments at Dubai Business Forum – USA in New York

The forum will bring together prominent business leaders and policymakers to explore mutual economic priorities

GCC governments’ digitalization push fuels telecom resilient performance, expansion into Europe: S&P

Significant investments in AI and cloud services reflect GCC telcos’ commitment to future-proofing their businesses

Binghatti Holding sees record AED 1.82 billion profit in first half of 2025

The company’s ability to blend architectural innovation with iconic design has attracted an elite international clientele