GCC

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

Bahrain’s Mumtalakat acquires stake in Abu Dhabi-based BlueFive Capital

Investment provides BlueFive with long-term institutional backing as it continues to scale internationally

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 tops GCC equity market performance with 7.9 percent gain in July 2025

Strong performance boosted the DFM General Index's year-to-date return to 19.4 percent, also the highest in the GCC this year

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 hotels generate $185.7 million in May 2025 amid growing international visitors

May welcomed approximately 481,000 guests, showcasing Abu Dhabi as a top travel destination

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