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Special Coverage
ABU DHABI FOCUS
INVESTMENT
ADQ mulls 35% stake in France’s Limagrain Vegetable Seeds
POWER
ADFD, GCCIA sign $205mln agreement to expand GCC power grid connectivity with UAE
INVESTMENT
ADIO, ADPIC strategic partnership to advance PPP delivery in Abu Dhabi
FINTECH
FAB becomes MENA’s first lender to join CIPS as direct participant
UAE REALTY MARKET
REAL ESTATE
Amirah breaks ground on its debut project at Dubai Islands
CONSTRUCTION
Shamal awards $272mln Dubai Harbour Residences main works contract
REAL ESTATE
Dubai Investments starts work on new Mirdif Hills residential cluster
REAL ESTATE
Object 1 launches 54-storey residential tower in JVC
AI: SHAPING DIGITAL FUTURE
ARTIFICIAL INTELLIGENCE
Deloitte Middle East, AWS unveil $1bln expansion plans to boost digital transformation
ARTIFICIAL INTELLIGENCE
SoftBank aims to become leading 'artificial super intelligence' platform provider
ARTIFICIAL INTELLIGENCE
ECB economists improve GDP forecasting with ChatGPT
RAMADAN 2024
EID
Eidiya ATM withdrawals exceeded $37.08mln: Qatar Central Bank
TRAVEL
Over 12.5mln travelers take to the skies through Saudi airports during Ramadan and Eid Al-Fitr holiday
RAMADAN
Saudi: Donations to national charity campaign in Ramadan exceed $480mln
EID
From long drives to farmhouse stays, how UAE residents are spending 9-day Eid Al Fitr break
CORPORATE EARNINGS
EARNINGS
Saudi: Sipchem unveils $96.66mln cash dividends for H1-25
EARNINGS
H&M Q2 profit beats expectations despite "cautious" consumers
EARNINGS
Egypt’s Contact Financial Holding Q1 net income jumps 306%
EARNINGS
Union Insurance reduces capital by 30.5% to offset accumulated losses
POLITICS OF OIL
OIL
Oil set for steepest weekly decline in two years as risk subsides
OIL
Asia's crude oil imports jump in June, but higher prices will weigh: Russell
OIL AND GAS
Oil tumbles about 5% after Israel agrees to Trump's proposal on ceasefire
COMMODITIES
Oil hits five-month high after US attacks key Iranian nuclear sites
FOCUS: GLOBAL WEALTH FUNDS
SWF
Saudi’s PIF to issue notes through CP programme to boost financing
ARTIFICIAL INTELLIGENCE
SoftBank's Son pitches $1trln US AI hub to TSMC and Trump team, Bloomberg News reports
ARTIFICIAL INTELLIGENCE
Kuwait Investment Authority joins AI Infrastructure Partnership
INVESTMENT
Kuwait's minister authorizes KIA, CBK for loan operations
THE FUTURE OF CRYPTOS
CRYPTOCURRENCY
UAE fund buys $100mln of Trump's World Liberty tokens
CRYPTOCURRENCY
Dinari granted first broker-dealer registration to offer tokenized stocks
CRYPTOCURRENCY
Crypto exchange Kraken debuts peer-to-peer payments app Krak
CRYPTOCURRENCY
Dinari granted first broker-dealer registration to offer tokenized stocks
CRYPTOCURRENCY
Global financial crime watchdog calls for action on crypto risks
FINANCIAL SERVICES
Turkey taking crypto transaction steps to hinder laundering, Simsek says
RUSSIA-UKRAINE CRISIS
CONFLICT
Global hopes rest on Trump’s bid to end Ukraine conflict
CONFLICT
UAE president tells Putin: we are ready to help resolve Ukraine crisis
ECONOMY
IMF, Ukraine reach deal that would give it access to some $1.1bln
DEFENSE
NATO leaders seek to bolster Ukraine as gloom grows
UAE CORPORATE TAX
EARNINGS
Egypt: Prime Holding’s consolidated profits leap 22% YoY in 9 months
TAXATION
UAE issues guide for non-resident persons for corporate tax purposes
TAXATION
UAE: Impact of corporate tax on free zone entities
THE WORLD OF ISLAMIC FINANCE
SUKUK
Saudi-listed Alqemam’s sukuk offering starts today
SUKUK
Saudi Dar Al Arkan mandates banks on 5-year USD sukuk
ISLAMIC FINANCE
Takaful outpaces conventional insurers during 2020-24: QFC
ROBUST PROJECT PARTNERSHIPS
LOGISTICS
Saudi's SGP to invest $187mln to develop four multipurpose terminals in the Kingdom
MARITIME
SISCO Holding unit to invest $426mln to upgrade four ports in Saudi Arabia
LOGISTICS
Saudi Ports Authority signs $586mln privatisation contracts for cargo terminals
RENEWABLE ENERGY
Shams Dubai rooftop solar capacity reaches 725 MW across 8,430 buildings
POWERED BY HYDROGEN
HYDROGEN
South Africa: Air Products and partners’ hydrogen mobility ecosystem generate interest at Green Hydrogen Summit
SUSTAINABILITY
Kuwait's KOC eyes green economy with net-zero goal by 2050
HYDROGEN
Oman leading hydrogen liquefaction for a decarbonised future
EXECUTIVE MOVES
MOVE
Prof Bismark Tyobeka appointed chairperson of the South African Bureau of Standards Board
MOVE
Namibia: Chapman replaces Hans as Bank Windhoek MD
MOVE
Ethiopia: Tesfaye succeeds Kebede at Hibret Bank
MOVE
Rwanda: Ubalijoro appointed Bank of Kigali chairperson
MOVE
Nigeria: Uche Orji appointed Non-Exec Director of Access Bank Plc