Articles
Etihad Airways Q1 profit surges 30% to 'record' on strong traffic growth
Abu Dhabi airline carried five million passengers during the January-March period
Adnoc awarded contracts worth $17.9bn in first half of 2025
Agreements benefitted nearly 400 local suppliers, contractors and service providers
Donald Trump's Gulf tour ends with trillions of dollars in deals
US and Qatar signed deals to generate an economic exchange worth at least $1.2 trillion
US and China agree to lower tariffs for 90 days
Move by world's two largest economies boosts stocks and oil prices
Abu Dhabi’s IHC and BlackRock set up $1bn reinsurance company
Platform will be based in ADGM and serve global markets, while maintaining a strategic focus on Middle East and Asia
Mubadala asset base grows to $326bn on AI and future-focused investments
Abu Dhabi’s sovereign investor's annualised five-year return on investments hit 10.1 per cent in 2024
Emirates posts record $5.2 billion annual profit on bumper travel demand
Dubai-based airline's revenue rose 6 per cent to $34.9 billion
Oil sinks as Saudi Arabia cuts prices ahead of Opec+ output boost
On Sunday, the world’s leading oil exporter sharply cut May crude prices for its Asian buyers
Middle East markets tumble after sharp fall in Asia
Gulf markets close down after clawing back some losses
Oil prices fall to lowest level since 2021
Oil posts biggest weekly decline since 2023 as China announces retaliatory tariffs on US
Trump’s tariffs to raise car prices and disrupt industry supply chains
Move aimed at 'turbocharging domestic car manufacturing' is almost certain to backfire, expert warns
Moody’s affirms UAE’s rating as diversification efforts strengthen
Emirates is moving economy away from oil by developing sectors such as technology, manufacturing, tourism and trade
UAE Central Bank follows Fed move to keep interest rates unchanged
The base rate for the overnight deposit facility was maintained at 4.40 per cent
DP World reaps record $20 billion in revenue for 2024
Profit for the year decreased by 2 per cent to $1.5 billion due to higher finance costs
Etihad Airways posts record 2024 profit on strong travel demand
Abu Dhabi airline’s full-year profit reached $467 million while total revenue grew by 25 per cent annually
