economy

stc Group achieves highest 9-month revenues of $15 billion, $2.98 billion in net profit

Total revenues grew 3.92 percent compared to the same period last year 

Emirates boosts U.K. network, returns to Edinburgh with daily service

Emirates serves the U.K. with 133 weekly flights across eight gateways including London Heathrow and London Gatwick

Air cargo grows 9.4 percent in September, reports IATA

ACTKs rose by 6.4 percent relative to September 2023 (8.1 percent for international operations) 

ADIPEC 2024: ADNOC, AIQ developing first-of-a-kind agentic AI solution for global energy transformation

ENERGYai combines large language models with specialized ‘agentic’ AI agents for tasks across ADNOC’s value chain 

Qatar affirmed at ‘AA/A-1+’; outlook stable: S&P

Growth momentum is expected to strengthen from 2026, supported by the North Field Expansion (NFE) LNG project

Lulu Retail IPO size increased to 30 percent on ADX

The offer price range remains unchanged, set between AED1.94 and AED2.04 per share

Fitch raises Egypt’s long-term foreign-currency rating to ‘B’ with stable outlook

The agency highlighted improvements in external finances driven by notable foreign investments and strengthened policy initiatives 

Ras Al Khaimah, U.K. Government strengthen partnerships across key trade, investment sectors

The partnership aims to enhance industrial cooperation and facilitate two-way trade between Ras Al Khaimah and the U.K.

IMF to review Egypt’s loan program as GDP growth projected at 4.2 percent for FY2025

Georgieva noted that Egypt's inflation reached 37 percent in 2023 but has decreased to between 25 percent and 26 percent

ADGM launches new ‘Path to Forward’ brand identity

The new brand resonates with the financial centre’s growth, resilience, and optimism