0
KIMMERIDGE PARTNERSHIP
Mubadala Energy closes US natural gas investment deal
Mubadala Energy has announced the closing of its recently reported strategic investment in the US natural gas sector through its partnership with Kimmeridge and the rebranding of SoTex HoldCo to Caturus, in which Mubadala Energy now owns a 24.1% stake.
1
TAILORED FINANCING SOLUTIONS
Emerge, EDB to collaborate on developing solar projects in UAE
Emerge, a joint venture between Masdar and the EDF Group, and Emirates Development Bank (EDB) have signed an agreement to explore areas of collaboration in developing and financing distributed solar projects in the UAE.
2
STRONGER COMMODITY PRICES
Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, mainly driven by higher sales volumes and stronger commodity prices. Its revenue too registered solid growth hitting SAR17.93 billion ($4.8 billion).
3
FOCUS
42% of children in META region dream of blogging careers: survey
About 42% of children surveyed from the Middle East, Turkiye and Africa (META) region would like to become bloggers in the future finds a survey.
4
INSIGHT
Firms concerned over rising bad debts in UAE, finds survey
Companies in the UAE are facing increasing financial pressure as bad debts grow to an average rate of 8% of overdue invoices amid a tightening in liquidity conditions, and a rise in debt collection challenges across the market, says a new survey.
Top Trade News
 | Industry Sectors |
Saudi road sector adopts smart solutions for safer, greener highways
The Saudi road sector is undergoing significant development with RGA introducing key innovations to create a safer, more sustainable and efficient logistics network. It includes use of a roller-compacted concrete layer for truck lanes, a first for KSA.
More…
Tanishq buys major stake in Damas, sets up GCC jewellery powerhouse
Titan Company Limited, part of the Tata Group and parent company of Tanishq, aims to lead the retail jewellery market in the GCC with its recent acquisition of a 67 per cent stake in Damas Jewellery, a century-old Dubai-based luxury jewellery retailer.
More…
GCMD, Intercargo to drive decarbonisation in dry bulk shipping
The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Dry Cargo Shipowners (Intercargo) have formed a two-year coalition partnership to accelerate decarbonisation efforts in the dry bulk segment.
More…
DIB reports robust H1, balance sheet tops $100bn
Dubai Islamic Bank (DIB) reported another robust performance in the first half of 2025, with operating revenue of AED6.4 billion ($1.74 billion), driving a 16% YoY increase in pre-tax profit to AED4.3 billion.
More…
42% of children in META region dream of blogging careers: survey
About 42% of children surveyed from the Middle East, Turkiye and Africa (META) region would like to become bloggers in the future finds a survey.
More…
Aramex H1 revenue steady at $833m despite drop in international express
Aramex, a leading Dubai-based logistics firm and a subsidiary of ADQ, has reported stable group revenues of AED3.06 billion ($833 million) for the first half of the year as growth in regional logistics offset a decline in international express volumes.
More…
Disney On Ice brings family magic to Bahrain Summer Festival
Disney On Ice presents ‘Into The Magic’, an event combining the finesse of ice-skating with the familiarity of Disney characters, from August 12 until August 17 at Exhibition World Bahrain, Sakhir.
More…
SAP appoints new Regional President for Europe, Middle East and Africa
SAP SE has appointed Augusta Spinelli as Regional President for Europe, Middle East and Africa (EMEA) effective immediately.
More…
Arada awards contract for Sharjah luxury seafront destination
Leading UAE developer Arada has awarded the construction contract for its luxury seafront destination - Anantara Sharjah Residences and Resort - in Sharjah. It will feature 128 Anantara-branded homes with a mix of one- to four-bedroom units.
More…
New Range Rover Sport SV Carbon set for launch
The new Range Rover Sport SV Carbon, which introduces a blend of dynamic capability and sophisticated modern luxury to Range Rover’s performance flagship, will make its world premiere on August 13 at Range Rover House during Monterey Car Week.
More…
Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025.
More…
Sharjah IGCF forum to focus on power of communication
Sharjah will host the 14th edition of the International Government Communication Forum (IGCF) on September 10 and 11, 2025, under the theme “Communication for Quality of Life.”
More…
Tamkeen seeks applications for business accelerator program
Bahrain’s Labour Fund “Tamkeen” and Salica Investments have announced that applications for the third cohort of the Riyada Business Accelerator Program are now open until September 30.
More…
National Space Academy, EDGE launch Space Mission and Satellite Engineering Program
The National Space Academy, a UAE Space Agency initiative dedicated to developing a skilled and future-ready national workforce, has launched the Space Mission and Satellite Engineering Program (SMSE) in partnership with EDGE.
More…
