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 Strong Performance in Home Appliance and Vehicle Solutions Drives Second-Highest Third-Quarter Revenue in Company History
Dubai, November 3, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 21.87 trillion and operating profit of KRW 688.9 billion for the third quarter of 2025.
The Home Appliance Solution (HS) Company and Vehicle Solution (VS) Company delivered strong performances despite external challenges such as U.S. tariffs and a slowdown in the electric vehicle (EV) market. These results reflect LG’s ongoing transformation of its business portfolio and commitment to ......read more
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For the nine-month period ended 30 September 2025
NBF posted its best nine months net profit of AED 945.4 million, surging 45.3%
year-on-year underpinned by robust balance sheet growth of 11.7%
29 October 2025: NBF is pleased to announce its results today for the nine-month period ended 30 September 2025.
Overview of Results and Operational Performance for the nine-month period ended 30 September 2025
NBF recorded year-on-year growth of 45.4% to close the nine-month period at a net profit before tax of AED 1.04 billion compared to AED 715.0 million in the corresponding period of 2024. Further, NBF posted its best ever net ......read more
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Robust double-digit growth in revenue and profitability, reflecting business resilience and diversification.
Operating profit before tax surged 38% to AED 208.8 million, highlighting operational strength and disciplined execution.
Growth was primarily driven by strong performance in manpower & accommodation solutions and real-estate development & services.
Continued investment focus on high-growth sectors reinforces ESG’s long-term value strategy.
Abu Dhabi, UAE, 28 October 2025: Emirates Stallions Group (ADX: ESG), the leading conglomerate with operations spanning from Workforce Solutions, Real Estate ......read more
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Net profit for the first nine months up 15.6% year-on-year
Net loans cross AED 100 billion for the first time
Return on equity rises to 22.3%, reflecting strong profitability and capital efficiency
Dubai, United Arab Emirates, 22 October 2025: Commercial Bank of Dubai (CBD), one of the UAE's leading financial institutions, today announced its financial results for the nine months ended 30 September 2025, delivering record performance underpinned by strong income growth, cost discipline and continued improvement in asset quality.
CBD reported its highest-ever profit in Q3 2025, marking 21 consecutive quarters ......read more
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Deposits nearly doubled year-on-year, reflecting growing demand for digital-first banking
Surge in personal and business customers highlights the pace of change in customer preferences
Abu Dhabi, UAE – 06 October 2025 – Wio Bank PJSC has surpassed AED 50 billion in total customer deposits in less than three years since its launch, highlighting the rapid evolution of the region's banking sector as digital adoption accelerates. The milestone comes as more individuals and businesses across the UAE adopt digital-first financial services, with Wio emerging as one of the key players shaping this transformation.
As ......read more
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DIB Reports Robust H1’25 Financial Results, with Operating Revenue of AED 6.4 Billion Driving a 16% Increase in Pre-Tax Profit to AED 4.3 Billion
Double-digit growth in financing and customer deposits
Significantly improved asset quality
Balance sheet expands beyond the USD 100 Billion mark
Key H1’25 Performance Metrics:
AED 6.4 Bn
+5% YoY
Profit (pre-tax)
AED 4.3 Bn
+16% YoY
RoTE (pre-tax)
+100 bps YoY
Total Assets
AED 373 Bn
+8% YTD ......read more
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 Abu Dhabi, August 4, 2025 – The Board of Directors of Response Plus Holding PJSC (ADX: RPM), the largest pre-hospital care and emergency medical services provider in the region, has announced the distribution of AED 18 million in interim cash dividends to shareholders for the financial period ending on June 30, 2025.
The announcement was ratified during the Board Meeting held on July 30. The decision will enable RPM shareholders to receive AED 0.09 per share, with the total amount of dividends constituting 9 per cent of the company’s paid-up share capital.
The Last Entitlement Date (LED) for the shareholders has been set ......read more
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 Building a Stronger Foundation for Long-Term Qualitative Growth Through Portfolio Shifts and Operational Resilience
Dubai, July 28, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 14.77 billion and operating profit of USD 455.1 million for the second quarter of 2025.
Both revenue and operating profit declined year-over-year, primarily due to continued global market softness, increased tariff burdens driven by changes in U.S. trade policy, and intensified competition. Rising costs, including logistics expenses, also weighed on overall profitability compared to the same period last ......read more
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 H1-2025 Net Profit Reaches AED 1.862bn Before Tax
Dubai, United Arab Emirates, 23 July 2025: Commercial Bank of Dubai (CBD) has announced its financial results for the second quarter and first half of 2025, achieving a remarkable milestone of 20 consecutive quarters of profit growth – a feat unmatched by any other bank in the UAE over the same period. The Bank reported a net profit before tax of AED 1.862 billion, representing a 16.7% increase compared to the same half last year.
CBD's strong growth was further underscored by its total assets surpassing AED 150 ......read more
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H1 revenue accelerated 41% year on year, and net profit climbed 16%
Backlog stood at AED 49.9 billion, with AED 13.9 billion in awarded projects
400,000 sqm fabrication yard in Saudi Arabia now fully operational
Extended its long-term agreement ("LTA") with Aramco, continuing a strategic partnership focused on offshore projects in Saudi Arabia
Abu Dhabi, UAE; 23 July 2025: NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), today announced strong financial results for the first half of 2025, with sustained growth demonstrating the company's strength and disciplined ......read more
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 Dubai, UAE – 03 June, 2025: Zoho, a leading global technology company, has announced a new partnership with Dart, a leading business ecosystem in Dubai, aimed at empowering founders from around the world to relocate, setup and scale their companies in the UAE.
The agreement was formalised during a signing ceremony between Premanand Velumani, Associate Director, Strategic Alliances Middle East and Africa (MEA) at Zoho, and Jack Mouzer, COO of Dart, at Dart’s Dubai headquarters. As part of this collaboration, Zoho will offer $500 in wallet credits to eligible Dart members, providing them access to its suite of 55+ cloud-based ......read more
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 2 July 2025, Dubai: Gargash Group, one of the UAE's leading business enterprises, is pleased to announce a significant step forward in its sustainability efforts with the signing of a Sustainability-Linked Facility (SLF) agreement with Mashreq, a leading financial institution in the MENA region. The agreement represents one of the largest SLFs in the UAE automotive sector to date and supports the group's efforts to align with UAE Green Agenda 2030 and Net Zero Strategy 2050.
The facility ties financing terms to measurable Environmental, Social, and Governance (ESG) Key Performance Indicators (KPIs), including targets for reducing ......read more
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 June 30th, 2025: Sheng Ding, President of SAVOYE, is pleased to announce the appointment of Julien Calloud as Chief Executive Officer, effective June 2025.
This strategic appointment marks a new chapter for SAVOYE, a French company specializing in intralogistics solutions and supply chain software. With a strong technological foundation, recognized expertise, and a robust network of distributor-integrators, SAVOYE supports clients both in France and internationally.
In his new role, Julien Calloud will oversee the strategic and operational management of the company. His mission is to coordinate all departments and further strengthen ......read more
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 Key Highlights for Q1 2025
Total property income increased by 24% year-on-year on a like-for-like basis, reaching USD19 million despite the divestment of two properties in 2024.
Property operating expenses have decreased by 8.4% to USD3 million, driven by further cost optimization initiatives.
Occupancy increased by 6% to 95%.
Net property income remained stable at USD16 million, despite the absence of income of the properties divested in 2024, which has been compensated by higher rents and occupancy.
Sharp Reduction in Finance Costs with Net finance costs decreasing by 57% to USD6 million, thanks to the success of the Sukuk ......read more
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Dubai, UAE – June 25, 2025 – Hibrid, a leading UAE-based provider of innovative streaming technology, has announced a strategic collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to offer comprehensive streaming and infrastructure services to customers throughout the Middle East and the Gulf Cooperation Council (GCC) region.
This collaboration combines Hibrid's cutting-edge streaming platform with Alibaba's robust infrastructure capabilities to enhance content delivery, optimize network performance, and provide scalable solutions tailored to the unique needs of the ......read more
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 Dubai, UAE – 18 June 2025, HSA Group is proud to announce the appointment of Mr. Dirhem Abdo Saeed as Chairman of the Board, marking a significant milestone in the Group’s 88-year legacy as one of the Middle East’s leading multinational family businesses.
With over 40 years of international business experience, Mr. Dirhem is a seasoned and accomplished business leader who has played a key role in the Group’s strategic growth across the Middle East, Africa, Asia, and Europe. He previously served as Vice Chairman of the Board, contributing significantly to the Group’s global expansion and resilience.
At the ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
Gold prices have staged a notable resurgence over the past week, as geopolitical tensions once again dominate investor sentiment, highlighting gold's enduring appeal as a traditional safe haven in times of global instability. However, the initial uptick, observed last week, found resistance near the $3,440–$3,450 zone on Monday—historically a ceiling for gold’s recent rallies.
Gold (XAU/USD) daily chart
Past performance is not a reliable indicator of future results.
The move reflects renewed caution among investors following heightened ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
The price of silver (XAG/USD) entered a consolidation phase on Wednesday morning, trading within a narrow range around $36.50 following a period of heightened volatility. However, sentiment quickly shifted after comments from the Chinese Vice Premier regarding ongoing trade negotiations with the United States in London. While the remarks were not overtly negative, they underscored the challenges ahead, reminding markets that a smooth path to a trade deal is far from guaranteed. The statement that China is “not willing to fight but not afraid to fight” sparked ......read more
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 Dubai, UAE – June 11: Trinasolar has once again secured its position in the BloombergNEF (BNEF) Tier 1 list for Q2 2025, reaffirming its exceptional bankability, industry-leading technologies, and robust shipment of its 210mm modules. This recognition further cements Trinasolar’s reputation as a global leader in smart solar and energy storage solutions, trusted across global markets.
The BNEF Tier 1 List is widely recognized as one of the most authoritative and influential rankings in the solar industry. It serves as a key reference for industry trend analysis and investment decisions.
Starting in Q2 2025, BNEF has raised ......read more
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The IsDBI’s agenda focused on advancing partnerships, capacity development, and knowledge-driven solutions in Islamic finance
JEDDAH, Saudi Arabia, June 2, 2025/ -- The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) has reinforced its leadership in Islamic finance by engaging with key stakeholders in a series of high-level bilateral meetings during the 2025 IsDB Group Annual Meetings in Algiers, Algeria. These strategic engagements underscore IsDBI’s commitment to fostering collaboration, innovation, and sustainable development across its Member Countries.
Led by Dr. Sami Al-Suwailem, Acting ......read more
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 Dubai, UAE –June 02, 2025: TCL, a leading global consumer electronics brand and the No.2 TV brand worldwide, proudly announces the elevation of its partnership with Arsenal Football Club to a global level, becoming Arsenal’s Official Global Consumer Electronics Partner.
This milestone marks a new era in the relationship between two iconic brands driven by shared values of innovation, excellence, and progress. Building on a successful regional partnership in the UK, Middle East, and Africa since 2023, TCL and Arsenal are now taking their collaboration global, connecting with fans and consumers in more markets through shared ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
Gold (XAU/USD) is attempting to regain bullish momentum at the start of the week, though upside progress remains capped by key technical resistance. The precious metal found support near the 50-day simple moving average (SMA) at $3,168 last week, triggering a modest rebound as short-term sellers opted to lock in profits following recent weakness. Attention now turns to $3,250, a level that has capped advances in the past four sessions.
Gold (XAU/USD) daily chart
Technical Landscape
Despite Monday's modest gains, gold continues to struggle with upward ......read more
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 Panasonic bats for enhanced service and supply efficiency by collaborating with Saudi Company for Hardware (SACO)
Riyadh, Saudi Arabia
Panasonic Marketing Middle East and Africa (PMMAF) has revealed a groundbreaking strategic partnership with Saudi Company for Hardware (SACO), KSA's premier electronics and lifestyle retail distributor. This collaboration marks a significant evolution in the Kingdom's retail and electronics sectors, as it pioneers a direct supply model in the Saudi market, aligning a major international manufacturer directly with a leading national retailer. The partnership is also strategically designed to ......read more
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 Dubai, UAE – May 2, 2025 – New Jersey Governor Phil Murphy and Hotpack, the UAE-based leader in sustainable food packaging solutions, today announced a major step forward in Hotpack’s international expansion strategy with a $100 million investment to establish a new manufacturing and distribution facility in Edison, New Jersey, USA. This project marks Hotpack’s first production base in North America, reflecting its commitment to delivering tailored packaging solutions and strengthening supply chains to meet the evolving needs of its growing customer base in the United States, in alignment with the ......read more
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 Board of Directors proposes 100% cash dividend of paid-up capital, reflecting robust financial performance and dedication to consistent returns to shareholders
Financial Highlights (Year ended 31 December 2024):
Sales volumes increased 5.9%, highlighting strong market demand across core categories
Gross revenue reached record of AED 601.7 million, up from AED 589.4 million in 2023
Gross profit expanded 8% to AED 99.6 million, underscoring operational efficiency
Profit before tax and remuneration is increased by 22% to AED. 37.5 million
Net profit after tax and remuneration was AED 30.8 million
Earnings per share increased ......read more
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 Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors
Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed USD 689 million during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) ......read more
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 Dubai, UAE, April 24 - Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic Bank incorporated and headquartered in the Emirate of Ajman, successfully priced a USD 500 million 5-year Sukuk at a credit spread of 130 basis points over the United States treasury rate, which equates to a fixed profit rate of 5.125% per annum. The transaction garnered a high-quality orderbook peaking over USD 2.7bn, representing a 5.4x oversubscription rate, with participation from 100+ investors. The transaction represents the Bank’s first Sukuk issuance ever, marking a milestone in the bank’s capital ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
Gold continues its impressive rally as market confidence in the soundness of the US administration wavers. The latest headline shaking investor sentiment emerged over the Easter weekend, with reports suggesting that President Trump is exploring ways to remove Federal Reserve Chairman Jerome Powell. Although the Fed’s independence has long been a pillar of financial stability, these developments are casting doubt over its future — and markets are responding.
Trump has made no secret of his dissatisfaction with Powell’s monetary policy stance. On Wednesday, ......read more
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Strategic acquisition of Transmission Investment will support TAQA Transmission’s international growth plans and expands its capabilities in offshore transmission services and transmission infrastructure development
Transmission Investment is one of the largest players in the United Kingdom’s offshore electricity transmission market and a prominent player in the country’s interconnector sector
Abu Dhabi, UAE – 17 April 2025: Abu Dhabi National Energy Company PJSC (“TAQA” or “the Group”), one of the largest listed integrated utilities companies in Europe, the Middle ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
Global markets opened the week under pressure, with major equity indices tumbling once again as volatility swept through the Asian session. The latest wave of selling follows China's announcement of retaliatory tariffs on the U.S., intensifying the fallout from last week's 'Liberation Day' tariff shock.
Investors had hoped that the worst of the uncertainty would fade following the initial U.S. tariff announcements. Instead, the reality has proven more severe. With tariffs exceeding expectations and no sign of negotiations, markets are now increasingly ......read more
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Revenue surpasses $361 million in 2024, marking an 18% year-on-year increase
EBITDA surged by 24.5% to reach $284,909,572 in 2024.
Net income exceeds $264 million, reflecting 16% growth
Dubai, UAE – April 6th 2025: MultiBank Group, the world's largest financial derivatives institution headquartered in Dubai, has achieved a record-breaking financial performance in 2024, reinforcing its status as a global industry leader.
According to the latest audited financial statements, MultiBank Group’s revenue surged to $361,874,865, an 18% increase from $306,636,714 in 2023. Meanwhile, EBITDA skyrocketed by 24.5% to reach ......read more
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 Sukoon Takaful PJSC ("Sukoon Takaful") today announced its financial results for the year ended December 31, 2024, reporting a significant turnaround and a return to profitability. Following a comprehensive restructuring and integration with its parent company, Sukoon Insurance, the company has demonstrated strong financial performance and operational improvements.
Sukoon Takaful reported AED 172.4 million in Gross Written Contribution (GWC) for 2024 and achieved a net profit before tax of AED 21 million, marking a successful turnaround. The company also boasts a robust solvency capital ratio of 174% (minimum ......read more
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 The new installation has been dubbed one of the largest rooftop solar projects in National Industries Park, Dubai
Dubai, UAE – March 19, 2025: Hotpack Global, the UAE-based leader in sustainable packaging solutions, has successfully completed the installation of a 2.2 MW rooftop solar power system at its cutting-edge manufacturing facility in National Industries Park (NIP), Dubai. This milestone marks one of the largest solar energy installations in the NIP area, reinforcing Hotpack’s commitment to environmental sustainability and renewable energy adoption.
The solar installation is projected to generate approximately 3.52 ......read more
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 19 March 2025: NBF held its Annual General Assembly Meeting (AGAM) at the Novotel Hotel, Fujairah, United Arab Emirates, where shareholders approved the distribution of profits equivalent to 15% of share capital in the form of cash dividends (AED 387.1 million) of paid-up capital.
The bank's shareholders also approved the Chairman's and Directors' Reports, and the Internal Shari'ah Supervision Committee Report for NBF Islamic, the Islamic banking window of NBF. The bank's consolidated financial statements for the year ended 31 December 2024 were also discussed and approved.
The shareholders confirmed the ......read more
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Commercial Bank of Dubai (CBD) has today announced it is the first bank in the Middle East to integrate the Kinexys Liink application Confirm from Kinexys by J.P. Morgan into its corporate banking portal and mobile app, reinforcing its position as a digital-first bank committed to driving real, impactful change in financial services.
With a commitment to service transformation and a digital-first approach, CBD continues to lead in delivering solutions that matter. This integration provides CBD’s corporate clients with streamlined cross-border payment flows as a result of faster, more secure, and ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
Consumer inflation has softened in February. That is the key takeaway from the latest data released on Wednesday. Both headline and core CPI came in lower than expected at 2.8% and 3.1% respectively. Additionally, both monthly readings also dropped from the previous month and came in below expectations at 0.2%.
As anticipated, the initial market reaction was a relief rally in US equities, accompanied by a weaker US dollar and lower yields. However, this momentum has struggled to sustain itself. The dollar and yields have rebounded from their initial knee-jerk declines, ......read more
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More than 40 percent of the total investment dedicated to the U.S. underpins commitment to scale up the industry to meet surging transformer demand
The U.S. investment includes hiring more than 100 people to expand domestic key component manufacturing to strengthen local supply chain
Builds on the $6 billion USD investment announced in 2024 – the largest in the industry in recent years to respond to the urgent need to upgrade power grids
Dubai, UAE, March 12, 2025 – Hitachi Energy announced today at CERAWeek additional major investments of more than $250 million USD by 2027 to expand global production of critical ......read more
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Strong results and record alumina and hot metal production.
Building global aluminium recycling business, and laying foundations for low carbon primary growth.
Growing sales of CelestiAL solar aluminium.
Record Emiratisation rate, and metal sales to UAE customers.
Second consecutive year of AED 3.7 billion ($1 billion) dividend to shareholders.
AED 1.8 billion ($488 million) impairment of Guinea Alumina Corporation.
Abu Dhabi, United Arab Emirates, 12 March 2025: Emirates Global Aluminium, the largest 'premium aluminium' producer in the world, today announced strong financial results for 2024 and low ......read more
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 By Daniela Sabin Hathorn, senior market analyst at Capital.com
US equity futures started the week on a weaker note, continuing the recent trend of softness. The Nasdaq 100 extended heavy losses from Asian and European trading sessions, shedding nearly 500 points (2.5%) at the US open. Investor sentiment remains fragile as uncertainty surrounding Trump’s tariff policies fuels concerns about a potential global trade war and its implications for economic growth. Recession fears have exacerbated the selling pressure on US equities, contributing to the market’s current downturn.
The Nasdaq 100 has now slipped below all four of ......read more
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Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis
Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar
17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China
Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and Alibaba accounted for one fifth of global dividend growth in 2024
Globally 88% of companies raised dividends or held them steady in 2024
Q4 payouts rose 7.3% on an underlying basis
Forecast ......read more
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 The launch follows the 10-Year Anniversary of IQOS
Dubai, United Arab Emirates — March 3, 2025 — Philip Morris Middle East, an affiliate of Philip Morris International (PMI) (NYSE: PM) today announced the launch in the United Arab Emirates of IQOS ILUMA i, the latest and most innovative addition to PMI’s growing portfolio of smoke-free products for adults who would otherwise continue to smoke or use nicotine products. Today, whilst not risk-free, this range of better alternatives to cigarettes includes multiple generations of IQOS, the No. 1 tobacco heating system. The launch also follows the recent ......read more
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Net profit reached AED 10.8 billion, growing 4.3 per cent year-over-year
Full year dividend per share of 83 fils
e&’s footprint expanded to 38 countries with a subscriber base of 189.3 million across the Middle East, Asia, Africa, and Central and Eastern Europe
e& emerged as the ‘World’s Fastest Growing Brand’ with brand portfolio and investments value exceeding US$ 20 billion
Abu Dhabi, 25th February 2025: e& has delivered record financial performance in 2024, reporting a consolidated net profit of AED 10.8 billion, an increase of 4.3 per cent year-over-year (YoY). This milestone reflects ......read more
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 Abu Dhabi, UAE, February 18, 2025 - Kalyani Strategic Systems Limited, a wholly-owned defence subsidiary of Bharat Forge, proudly unveiled the MArG 45, mobile gun system mounted on a 4x4 all-terrain platform, at IDEX Abu Dhabi 2025. The prestigious launch was officiated by H.E. Shri Sunjay Sudhir, Ambassador of India to the UAE, reinforcing India’s commitment to advancing global defense technology.
MArG 45 exemplifies Kalyani Group’s ingenuity in challenging conventions, integrating firepower, range, and mobility into a single, ground-breaking platform. Designed for rapid deployment and superior manoeuvrability, it is a ......read more
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 Dubai, 14th February 2025 - Federal Bank, one of India's leading private sector banks, held a press conference in Dubai, marking Managing Director & CEO Mr. KVS Manian's maiden international media interaction since assuming office in September. During the event, Mr. Manian highlighted the deep-rooted connect that the Bank has with the NRI population in the Middle East, and the services rendered by its representative offices in UAE for the past 17 years.
During his visit to UAE, the Bank unveiled a new NR Savings account variant – Prospera. The Prospera NRE Savings Account offers an impressive suite of benefits ......read more
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 Over 1,000 artists from across the UAE submitted artworks, focussed on the theme “Many Paths, One Destination”
12 February 2025: National Bank of Fujairah (NBF) is pleased to announce the winners of its fourth Art Prize, which attracted submissions from more than a thousand emerging and established artists from across the UAE. The winners were recognised during a ceremony held at the Fujairah Cultural Centre.
The top six winners, who each received a cash prize and mentoring session from the esteemed judges, were:
First place: Reem Al-Suwaidi
Second place: Andrew Thompson
Third place: Dorian Rogers
Fourth place: Parul ......read more
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Dubai Islamic Bank Full Year 2024 Group Financial Results
Robust growth in total income rising by 16% YoY to AED 23 billion.
Pre-tax profit of AED 9.0 billion, solid growth of nearly 27% YoY.
Strong balance sheet expansion of nearly 10% YoY to AED 345 billion.
Sustained asset quality improvements with NPF ratio now at 4.0%, 140 bps lower YoY and beating guidance.
Enhanced stake in the digital bank in Türkiye to 25%.
Proposed dividend of 45%, subject to shareholder approval in AGM.
Dubai, February 11, 2025
Dubai Islamic Bank (DFM: DIB), ......read more
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 Dubai – February 10, 2025: Zoho Corporation, a leading global technology company, today announced its cutting-edge AI offerings – Zia Agents, Agent Studio, and Agent Marketplace, which will soon be rolled out across all MENA markets, including the UAE, Saudi Arabia, Egypt, Oman, Bahrain, Kuwait and Qatar. These new solutions represent a significant advancement in Zoho’s AI virtual assistant, Zia, utilising Agentic AI. This specialised subset of AI enables digital agents to make decisions, pursue complex tasks, and take autonomous actions with minimal human intervention.
Zoho is introducing Agent Studio, an innovative ......read more
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The forex market is as rewarding as it is challenging, and choosing the right broker is pivotal to your success. For many traders, one of the toughest decisions is choosing a reliable broker to trust with their capital.
A dependable broker doesn’t just safeguard your funds; it can also improve your overall trading performance. The truth is, trading isn’t only about having technical skills or market knowledge.
Even experienced traders can face serious losses if they work with the wrong broker. That’s why we’re here to explore what makes a broker trustworthy and introduce one of the top options in ......read more
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 Dubai, UAE, 5 February 2025– BluSmart, the region’s first 100% electric full-stack premium limousine service, has been honoured with the prestigious 'Best Ride-Hailing Service of the Year' award at the Middle East Truck & Fleet Awards 2025. This accolade reaffirms BluSmart’s commitment to delivering a sustainable, reliable, safe and premium travel experience in the UAE, ensuring exceptional customer service.
The Truck & Fleet Awards recognizes companies that have demonstrated excellence in fleet management, transport, and mobility solutions. The award highlights BluSmart’s impact in ......read more
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 Qatar’s digital payments market is rapidly expanding, with the number of users projected to reach 2.87 million by 2028.
February 03, 2025: BKN301 Group, a London-based Banking-as-a-Service technology provider dedicated to empowering the financial industry and operating in European and MENA markets, has designated its Qatar office as the company’s regional headquarters for the MENA region, in line with its ongoing development strategy. This move highlights BKN301’s commitment to driving digital transformation across the region and advancing the fintech sector through its innovative solutions.
By leveraging its global ......read more
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