Category: Business

Abu dhabi: Abu Dhabi Islamic Bank (ADIB) achieved a net profit after tax of AED7.1 billion by the end of 2025, recording a year-on-year growth of 16%, while net profit before tax increased by 18% to reach AED8.1 billion.

According to Emirates News A…

Tokyo: The Japanese Nikkei index fell 0.4 percent today to close at 52,0774.64 points, extending a five-day losing streak, its longest in a year.

According to Oman News Agency, the broader Topix index also fell 1 percent to 3,589.70. Japanese finan…

Abu dhabi: AD Ports Group has officially announced the sale of KEZAD Logistics Park – KLP Free Zone 3 (FZ3) in Abu Dhabi to Mair Group for AED295 million. Located in KEZAD Al Ma’mourah, the free zone industrial and logistics group of warehouse assets …

Abu dhabi: Tawazun Council for Defence Enablement has announced a new series of contracts concluded on behalf of the Ministry of Defence on the second day of the UMEX and Simtex 2026 event. Four deals were signed on the second day, valued at AED1,479,…

Sohar: The organizing committee for the Sohar Investment Forum 2026 has revealed details for the upcoming event, scheduled to take place from 4 to 5 February 2026. The event was attended by Mohammed Sulaiman Al Kindi, Governor of North Al Batinah, wit…

Dubai: Gold surged to a fresh record above US$4,800 on Wednesday, buoyed by safe-haven demand and a softer dollar. Spot gold rose 1.2 percent to US$4,818.03 per ounce as of 0125 GMT, after scaling a record peak of US$4,836.24 earlier in the session.

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Dubai: World of Coffee Dubai 2026 concluded yesterday at the Dubai World Trade Centre, announcing the winners of the local and international championships and competitions, as well as the results of the auctions held on the first and third days. The f…

Davos: The Sultanate of Oman is participating in the Annual Meeting of the World Economic Forum (WEF) “Davos 2026,” with a delegation led by the Ministry of Economy. The event, held from 19 to 23 January 2026, is themed “A Spirit of Dialogue,” bringin…