Middle East

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

Crude oil prices drop 0.75 percent to $68.60 amid rising trade tensions, demand concerns

U.S. tariffs on EU imports are expected to raise trade anxieties beyond the oil sector 

RAKBANK reports AED 1.374 billion profit in H1 2025, up 26 percent year-on-year

RAKBANK’s total assets grew by 18.1 percent YoY reaching AED 95 billion

Global Encounters Festival 2025 opens in Dubai with 4,000 youth from 50+ countries

The weeklong event showcases a vibrant program of sports tournaments, art exhibitions, musical performances, cultural experiences, and interactive workshops

Egypt’s real estate market booms in H1 2025 despite inflation and rising construction costs

Real estate remains a favored hedge against currency volatility and inflation

Abu Dhabi real estate boom: Off-plan, ready sales, and rentals see robust growth in H1 2025

Data highlights a marked increase in transaction values in the first six months of the year, indicating deepening confidence in Abu Dhabi’s real estate landscape

Union Pledge Day 2025: UAE reflects on 1971 unification and continued global rise

Union Pledge Day commemorates the UAE’s remarkable journey of unity and state-building

Qatar Fund for Development reaffirms global commitment at 2025 UN Sustainable Development Forum

The discussions contributed to shaping a unified vision for the Second World Summit for Social Development in Doha from November 4-6, 2025

Crude oil prices rise 0.4 percent above $69.8 as Iraq’s supply concerns boost demand

U.S. crude inventories fell by 3.9 million barrels, exceeding expectations for a substantial decrease

Dubai South unveils new multiuser logistics facilities at Logistics District

The facility provides unmatched access to the region’s most vital logistics corridors, including Al Maktoum International Airport, Jebel Ali Port, and the UAE’s national road network

Emirate rising: Ras Al Khaimah records 17.6 percent growth in new business licences in H1 2025

The sustained growth is the result of strategic vision and a suite of business-friendly policies and incentives designed to attract investment in Ras Al Khaimah

New RealAssetX Center in Abu Dhabi to drive innovation in real estate

The initiative will host a robust calendar of innovation-driven activities including research programs, ideation labs, hackathons, and startup pitch competitions