Data

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

Qatar’s water strategy: Desalination, smart tech, and sustainable growth

Qatar has proactively addressed water challenges by launching a range of sustainable initiatives focused on desalination and smart water management

Meta’s revenue surges 22 percent to $47.5 billion in Q2 2025, stock rises 1.28 percent in aftermarket trading 

Strategic investments in AI and infrastructure are key to Meta’s future revenue growth 

Deyaar achieves solid H1 2025 results with $72.58 million profit

Deyaar is preparing for the handover of five major projects in H2 2025, comprising approximately 2,000 units

IBM report: Middle East data breach costs fall 18 percent in 2025

The report attributes the decline to key mitigation strategies increasingly adopted by regional businesses, including AI and machine learning-driven insights