Abu Dhabi’s Lulu Reports 16% Surge in Q1 Net Profit, Exceeding Market Estimates
Abu Dhabi’s Lulu Sees 16% Profit Surge in Q1 2025 on E-commerce Boost Strong E-commerce Drives Profit Growth Abu Dhabi’s Lulu Retail Holdings Plc reported a 16% year-on-year rise in…
China to Speed Up Rare Earth Exports to U.S.
U.S.-China Trade Truce Brings Easier Access to Rare Earths Faster Rare Earth Permits for U.S. Companies Following a recent U.S.-China trade truce, China has agreed to speed up the approval…
HSBC Brings Iconic Lions to UAE to Show Strong Commitment
HSBC Brings Iconic Lion Statues to UAE, Shows Strong Commitment to Region HSBC has brought its world-famous lion statues to the United Arab Emirates (UAE) for the first time. These…
Spinneys Dubai Reports 14% Surge in Q1 Net Profit, Signaling Strong Start to 2025
Spinneys Q1 Profit Rises 14% as Expansion Plans Accelerate Strong Profit Growth in Q1 2025 Spinneys reported a 14% rise in net profit for Q1 2025, reaching AED 85 million.…
Mideast Stocks Rise After U.S.-China Trade Deal Boost
Mideast Stocks Climb Higher After U.S.-China Trade Deal Mideast stocks moved up again this week, helped by positive news from the global stage. Most Gulf stock markets showed gains after…
Kuwait Sovereign Fund Invests \$500 Million in CATL’s \$4 Billion Hong Kong Listing
Kuwait Backs CATL’s $4 Billion Hong Kong Listing with Major Investment Kuwait: CATL Launches Hong Kong IPO with Global Ambition Chinese EV battery leader CATL has launched a $4 billion…
Talabat Reports \$103 Million Q1 Net Profit, Surpassing Market Estimates
Talabat Q1 Profit Hits $103.3M, Beats Forecasts Talabat Sees Strong Start to 2025 This earned $103.3 million in net profit for Q1 2025. The result beat analysts’ average estimate of…
AI Is Hitting Search Traffic: Why Google Is Losing Users
AI Is Changing How People Search Online AI is hitting search traffic in a big way. More people are now using AI tools like ChatGPT and Perplexity AI instead of…
Emaar’s Q1 Profit Surges 39%, Falls Short of Estimates
Emaar Q1 2025 Profit Surges 39%, Property Sales Rise 28% YoY Dubai’s largest listed developer, Emaar Development, reported strong performance in Q1 2025. The company saw a 39% increase in…
Mubadala Sees 9% Growth in Assets Under Management in 2024
Mubadala Reports Strong Growth in 2024 with 9.1% Asset Increase Assets Under Management Reach 1.2 Trillion Dirhams Mubadala increased its assets under management by 9.1% in 2024. Total assets reached…