Business & Money | Wednesday 29 July, 2026 5:07 pm

Aldar posts AED4.9 billion first-half net profit, up 18%

Aldar reported strong financial and operational results for the first half of 2026, driven by continued momentum in its development business, the strength of its investment property portfolio and the growth of its regional and international operations. The group’s first-half net profit after ...

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Business & Money | Wednesday 29 July, 2026 5:05 pm

ADNOC Distribution launches 'Engage' advertising platform

ADNOC Distribution on Wednesday launched Engage by ADNOC, a retail media network designed to connect brands with customers across its integrated mobility, convenience and digital ecosystem. Engage by ADNOC is the first full-funnel retail media network operated in the UAE by a mobility and...

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Business & Money | Wednesday 29 July, 2026 5:02 pm

Dubai awards record 237 hotels with Dubai Sustainable Tourism Stamp

The Dubai Department of Economy and Tourism (DET) has recognised 237 hotels in the third cycle of the Dubai Sustainable Tourism (DST) Stamp for their outstanding commitment to sustainability and responsible hospitality practices. Marking a 55 percent increase on the 153 hotels honoured in the...

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Business & Money | Wednesday 29 July, 2026 4:58 pm

Emaar Development, ADCB collaborate to enhance home-buying experience

Emaar Development and Abu Dhabi Commercial Bank (ADCB) have announced a strategic collaboration to enhance the home-buying experience across Emaar Development's portfolio of ready and off-plan premium residential communities in Dubai. The collaboration brings together ADCB's mortgage expertise ...

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Business & Money | Wednesday 29 July, 2026 9:07 am

Saudi Energy signs SAR 15.8B financing facility with 7 banks

Saudi Energy Co. (SEC) signed, on July 27, a seven-year Shariah-compliant Murabaha financing facility with seven local banks, at a total value of SAR 15.8 billion. In a statement to Tadawul, the company said the financing was provided by Saudi National Bank (SNB), Al Rajhi Bank, Saudi Awwal...

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Tourism & Hospitality | Wednesday 29 July, 2026 5:13 am

The Evolution of Egypt's Red Sea Tourism

From an isolated coastline to a global powerhouse of luxury and family-centric resorts. Imagine standing on a completely barren stretch of beach decades ago, with nothing but silence, desert winds, and the deep blue water of the coast ahead of you. At that time, if you wanted basic amenities...

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Business & Money | Tuesday 28 July, 2026 4:51 pm

Hassan Allam Holding Marks Signing of SAR 2.7 Billion Waldorf Astoria Super Block Project in Diriyah

Hassan Allam Holding is proud to announce the official signing of the SAR 2.7 Billion Waldorf Astoria Hotel, Residences, & Mixed-Use Super Block in Diriyah, Saudi Arabia, awarded to its subsidiary, Hassan Allam Construction Saudi, in a joint venture with UCC Saudi, by Diriyah Company. The...

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Business & Money | Tuesday 28 July, 2026 4:16 pm

Al-Hogail: Northeast Riyadh masterplan drives urban development, economic diversification

Saudi Minister of Municipalities and Housing, Majed Al-Hogail, hailed the completion of the preliminary masterplan for the Northeast Riyadh region, highlighting its supporting roles towards urban development and economic diversification. In a post on his account on the X platform, Al-Hogail...

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Business & Money | Tuesday 28 July, 2026 4:10 pm

NWC Completes Water Project in Ghran, Khulais, to Serve 10,000 Beneficiaries

The National Water Company (NWC) announced the completion of the project to connect the water reservoir in Ghran city to the water filling station (Al-Ashyab) in Khulais Governorate, as part of its plans to enhance the efficiency of operations in the water distribution system and improve the...

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Business & Money | Tuesday 28 July, 2026 4:08 pm

Fifth Abu Dhabi Finance Week to take place in December

Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the 5th Abu Dhabi Finance Week (ADFW), hosted by ADGM on Al Maryah Island, will take place from 7th-10th December 2026 under the theme "The Capital...

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