Data

U.S. crude production to reach record 13.41 million bpd as oil demand rises to 20.4 million bpd in 2025

A decline in oil prices is expected to lead to a decrease in output in 2026

ADQ’s Zero Two invests in Evolution Data Centres, assumes co-controlling position

Investment will provide Evolution with long-term growth capital aimed at accelerating the deployment of hyperscale-ready data centers

Dubai’s DEWA posts strong H1 2025 results with 13.2 percent net profit growth

DEWA expects stronger revenue and profit in the second half of the year due to seasonal business patterns

Dubai real estate: Property market sees 8.4 percent price surge in H1 2025, transactions top 93,000

Resale activity gained ground, with 33,721 resale transactions completed in H1 2025, up 19.2 percent year-on-year

The region is transforming and the world is watching

The Middle East has a once-in-a-generation opportunity to lead the technology transformation, not just respond to it

CBUAE: UAE financial system remains resilient amid global risks

Comprehensive stress tests conducted in 2024 confirmed that UAE banks remain well-positioned to withstand macroeconomic shocks

Gartner predicts $169 billion in MENA IT spending by 2026

The surge is largely fueled by pent-up demand for generative AI (GenAI) and advanced machine learning, which depend on robust computing power for large-scale data processing

Dubai Duty Free sets sales records in 5 of 7 months so far in 2025

Dubai Duty Free’s year-to-date (YTD) sales have reached AED 4.734 billion ($1.30 billion), representing a 5.86 percent increase over the same period last year

Abu Dhabi Chamber enters new phase of growth with over 158,000 registered companies

As it enters a new chapter, the Abu Dhabi Chamber is poised to continue driving economic diversification, fostering international trade, and strengthening the competitiveness of the emirate’s private sector

Alpha Dhabi Holding posts $1.79 billion net profit in H1 2025, revenue up 23 percent

The group’s diversified investment portfolio has been instrumental in driving performance, with significant revenue contributions from industrial, real estate, and construction sectors

Binghatti Holding’s $500 million sukuk attracts solid investor interest with 5 times oversubscription

Binghatti Holding's total sales the first half of 2025 reached AED 8.8 billion, while revenue surged 189 percent YoY to AED 6.3 billion

TECOM Group delivers robust H1 2025 performance with $200.65 million net profit

Tecom Group's H1 revenue rose 21 percent YoY to AED 1.4 billion, driven by higher occupancy and rental rates and income from strategic asset acquisitions in 2024