Business - Emirates 24|7
Global financial leaders reaffirm confidence in UAE’s economic fundamentals and Dubai’s financial ecosystem
Dubai: Global financial leaders have reaffirmed confidence in the UAE’s economic fundamentals and Dubai’s financial ecosystem, as the Dubai International Financial Centre (DIFC) highlighted the strength, resilience, and long-term outlook of its platform. His Excellency Essa Kazim, Governor of DIFC,
Alphabet plans first yen bond sale to fund AI investments
Tokyo: Alphabet plans to sell Japanese yen-denominated bonds for the first time, it disclosed in a filing on Monday, as technology giants tap debt markets to fund artificial intelligence infrastructure deployments. The Google parent did not disclose the size of the offering. The issuance is expecte
Circle reports revenue growth as stablecoin demand rises
Circle reported higher quarterly revenue and reserve income on Monday, driven by increased adoption and circulation of its stablecoin. Market volatility and the Middle East conflict pushed investors to rotate out of cryptocurrencies and into stablecoins earlier this year to park capital. The rollou
Dubai Airports wins Gallup Exceptional Workplace Award for 2026
Dubai: Dubai Airports (DA) has been recognised as a 2026 Gallup Exceptional Workplace Award (GEWA) winner, placing the organisation among a select group of global employers achieving the highest levels of employee engagement. Dubai Airports ranked in the 77th percentile in the benchmark, with an em
Emaar reports Q1 profit surge to AED 6.4 billion on strong property demand
Dubai: Emaar Properties announced a strong start to 2026, driven by continued demand across its key business sectors, disciplined execution, and the diversification of its business model. The company’s net profit for the first quarter rose by 38.3% to AED 6.412 billion, compared to AED 4.635 billio
Salik reports Q1 revenue of AED 728.9 million
Dubai: Salik PJSC, the exclusive operator of toll gates in Dubai, announced its financial results for the first quarter ending March 31, 2026 (Q1 2026) on Monday, with total revenue reaching AED 728.9 million, reflecting a 3.0% year-on-year decrease. The decline was primarily attributed to lower to
Dubai Chambers discusses bilateral trade with China Zhejiang Committee
Dubai: Dubai Chambers held a meeting with the China Council for the Promotion of International Trade Zhejiang Provincial Committee (CCPIT Zhejiang) to discuss opportunities to develop economic cooperation and strengthen trade and investment relations between Dubai and China. The meeting was attende
How the best real estate agent in Dubai is transforming investment with AI?
Dubai 's ever-evolving real estate market is highly competitive, placing a premium on data-driven insights. Investors are no longer solely reliant on traditional advisory services. They seek accuracy, speed, and intelligence. This has put APIL Properties Dubai at the front of the pack as the UAE’s
Maktoum bin Mohammed meets Kasumigaseki Capital founder
Dubai: His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, met with Hiroyuki Ogawa, Founder of Kasumigaseki Capital, a leading Japan-based real asset group with operations spanning real estate, hospitality, log
Dubai Chamber records over 30,000 membership renewals in April
Dubai: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it recorded 30,697 membership renewals during April 2026. The figure marks the highest monthly total in the chamber’s history, reflecting the business community’s continued
GCC economies post balanced growth as non-oil sector leads expansion
Muscat: Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf indicate that GCC economies recorded positive and balanced performance during the third quarter of 2025, with the non-oil sector leading growth alongside the continued structural shift towar
Saudi Aramco Q1 profit rises 25% on higher sales
Dubai: Saudi oil giant Aramco reported on Sunday a 25% rise in first-quarter net profit, mainly due to higher sales, while the East-West crude pipeline that circumvents the Strait of Hormuz has reached full capacity. The world 's top oil exporter reported net profit of $32.5 billion in the three mo