Business & Money | Tuesday 11 August, 2026 7:16 pm

XM launches GOLD24-7, bringing weekend gold trading to its clients

XM, also known as XM Arabia, has introduced GOLD24-7, a new Gold trading instrument that gives traders access to Gold markets seven days a week. Unlike traditional Gold CFDs, which follow standard market hours, GOLD24-7 allows traders to continue trading Gold over the...

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Business & Money | Tuesday 11 August, 2026 4:22 pm

Dubai Investments records 29% increase in H1 2026 profit before tax to AED 702.8 million

Dubai Investments reported a profit before tax for the six-month period ended 30 June 2026 of AED 702.8 million, representing a 29% increase compared to AED 546.3 million during the corresponding period in 2025. Profit after tax attributable to the owners of the Company increased by 28% to AED...

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Business & Money | Tuesday 11 August, 2026 4:20 pm

ADNOC L&S posts record Q2 net profit of US$951 million

ADNOC Logistics and Services plc (ADNOC L&S), today reported record second quarter (Q2) and first-half (H1) 2026 results, surpassing market expectations and demonstrating resilience and operational strength underpinned by strong performance from services supporting the delivery of energy from...

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Business & Money | Tuesday 11 August, 2026 4:17 pm

ADI Chain, Shipfinex to establish first regulated tokenised maritime asset class

ADI Chain and Shipfinex have entered an exclusive partnership to establish the first regulated, institutional-grade tokenised maritime asset class, creating a new on-chain market for vessel-backed finance, charter-linked income and economic interests in ships. Maritime Asset Tokens developed...

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Business & Money | Tuesday 11 August, 2026 4:15 pm

Al Etihad Payments, UnionPay International to enable global acceptance of 'Jaywan' mono-badged cards

Al Etihad Payments (AEP), the owner and operator of the national switch and "Jaywan" domestic card scheme, has signed a Memorandum of Understanding (MoU) with UnionPay International to facilitate the global acceptance of "Jaywan" mono-badged cards through the UnionPay network. Under this...

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Business & Money | Tuesday 11 August, 2026 3:59 pm

Luberef extends Jeddah facility land lease with Aramco to 2030

Saudi Aramco Base Oil Co. (Luberef) said it extended its utilities services agreement, which includes the land lease for its Jeddah facility, with Saudi Aramco until Dec. 31, 2030, with an option to renew. The extension agreement was signed on Aug. 9 and covers the period from July 1, 2026, to ...

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Business & Money | Tuesday 11 August, 2026 12:15 pm

IsDBI Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

Jeddah, Kingdom of Saudi Arabia – The Islamic Development Bank Institute (IsDBI) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System. The patent was granted on 10 July 2026 under Singapore...

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Business & Money | Tuesday 11 August, 2026 11:59 am

Money20/20 Middle East Returns to Riyadh as Global Fintech Leaders Gather to Shape the Future of Finance

Money20/20 Middle East, the region's home for the global money ecosystem, will return to Riyadh from 14–16 September 2026, bringing together regulators, financial institutions, fintech innovators, investors and technology leaders.  Hosted by the Financial Sector Development Program...

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Business & Money | Tuesday 11 August, 2026 11:22 am

IsDB Institute Supports Uzbekistan's Efforts to Develop a National Waqf Ecosystem

Tashkent, Uzbekistan - The Islamic Development Bank Institute (IsDBI), in cooperation with the United Nations Development Programme (UNDP) and the Committee on Religious Affairs of the Republic of Uzbekistan, convened a high-level roundtable to present and discuss the findings and recommendations...

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Business & Money | Tuesday 11 August, 2026 8:13 am

Paperworld Middle East returns for milestone 15th edition as global paper and stationery markets set to exceed US$512 billion

The global paper and stationery industries are forecast to reach USD 294.53 billion and USD 218.12 billion, respectively, by 2030, according to Fortune Business Insights, underlining the continued evolution of one of the world's most essential manufacturing and consumer goods...

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