NEWS DESK

Emaar’s Net Profit before Tax increased by 23% to AED 12.8 billion (US$ 3.5 billion); Revenue Backlog reaches AED 164.9 billion (US$ 44.9 billion) in H1 2026

News Desk 07/08/2026

Emaar Properties PJSC (DFM: EMAAR) delivered a resilient performance during the first half of 2026, with revenue up 21% to AED 23.9 billion (US$ 6.5 billion), EBITDA up 24% to AED 12.9 billion (US$ 3.5 billion), and net profit before tax up 23% to AED 12.8 billion (US$ 3.5 billion). Results

NEWS DESK

etoro expands its Formula One presence with Pierre Gasly partnership

News Desk 07/08/2026

etoro, the trading and investing platform, today announces a collaboration with Formula One driver Pierre Gasly. The collaboration builds on etoro’s partnership with BWT Alpine Formula One Team, which named etoro its exclusive trading and investment partner earlier this year. United by the shared values of community and innovation, etoro and Pierre Gasly will connect

NEWS DESK

Invest Bank (INB) Reports Strong H1 2026 Results with 61% Growth in Profit Before Tax

News Desk 07/08/2026

Invest Bank (INB) today announced its financial results for the half-year ended June 30, 2026, reporting sustained profitability growth, supported by higher net interest margins, robust fee-income momentum, and continued balance-sheet expansion across its core business segments. Profit Before Tax increased by 61% year-on-year to AED 80.5 million. The Bank’s momentum

NEWS DESK

Scents That Survive the Heat: Your Ultimate Dubai Summer Perfume Guide

News Desk 07/08/2026

Summer in the UAE changes almost everything. Outfits become lighter, plans shift from beach clubs to rooftop dinners, and beauty routines become all about keeping things fresh. Fragrance is no exception. The right scent should feel light enough for the heat, last through warm evenings, and leave an impression long after you have left the […]

NEWS DESK

Dubai stays on course for record year in property rentals

News Desk 07/08/2026

The Dubai real estate market remains on course in 2026 to set a new all-time high for rental contracts recorded in one year.   A market analysis from fäm Properties today shows that 38,197 rental contracts were registered in July, 18,431 of these new agreements, with 19,766 renewals.   This takes the total number of […]

NEWS DESK

SHOEMART Launches Third Annual Back-to-School Scholarship Campaign to Support UAE Students and Families

News Desk 07/08/2026

As families across the UAE prepare for the new academic year, many continue to navigate the financial pressures that accompany the back-to-school season. From tuition fees and uniforms to books, transport, and everyday essentials, education-related expenses can place a significant strain on household budgets.   As one of the region’s leading family footwear

NEWS DESK

Celebrate Emirati Women’s Day with Hadia Ghaleb’s Signature Swimwear Collection at Hamac

News Desk 07/08/2026

As Emirati Women’s Day approaches, Hamac Beach Boutique invites women to celebrate confidence, individuality, and effortless style with the latest Hadia Ghaleb collection. Whether you’re planning your next beach escape, a relaxing staycation, or simply refreshing your holiday wardrobe, the collection offers contemporary swimwear and resortwear designed for

NEWS DESK

Axis Communications announces license plate recognition camera kits for slow speed and free-flow traffic

News Desk 07/08/2026

Axis Communications announced three purpose-tuned LPR camera kits with AXIS License Plate Verifier preinstalled. These robust cameras capture license plates, and under optimal conditions, other vehicle details including type, color, make, and model – all without the need for external servers. AXIS P3285-LVE Kit License Plate Verifier is built for slow speed traffic and

NEWS DESK

Gold Climbs to Seven-Week High as Weaker Dollar Offsets AI Market Pause – Century Financial

News Desk 07/08/2026

US Markets US equity indices were mixed yesterday following a temporary cooldown in the AI rally. SPX was down 0.2%, closing around $7,730. In today’s session, SPX appears to be trading marginally higher around $7,740. The outlook for today is moderately bullish. Healthcare stocks performed well yesterday as Eli Lilly reported strong results. Surging demand […]

NEWS DESK

Ethics and Governance in AI Take Centre Stage at the AITHOS Forum on the Future of Education

News Desk 07/08/2026

Leading women experts in artificial intelligence (AI), ethics, governance, research and innovation led a conversation at the University of the Witwatersrand (Wits) on the inclusive and ethical use of artificial intelligence during an exclusive roundtable exploring how AI is reshaping education across Africa and the wider Middle East and Africa (MEA) region. The event

NEWS DESK

Get in the Swing of Summer in Abu Dhabi: What’s On in the Next Two Weeks

News Desk 06/08/2026

We’re in the middle of summer in Abu Dhabi, and the next two weeks bring one of the year’s biggest arena nights, a colourful family sing-along, art exhibitions, a new museum offer for UAE residents, indulgent meals and more. With 100+ experiences and offers running throughout the season and Kids Go Free deals across 40 […]

NEWS DESK

AI’s next phase: Investing beyond the bottlenecks- Saxo Bank

News Desk 06/08/2026

The first phase of the artificial-intelligence trade was built around scarcity. There were not enough advanced chips, high-bandwidth memory, networking components, power connections or data-centre capacity to satisfy demand. Investors did not need to know exactly how AI would be monetised. It was enough to own the companies supplying the bottlenecks. That phase is

NEWS DESK

Khalifa Fund launches ‘Future Founders Market’

News Desk 06/08/2026

Khalifa Fund for Enterprise Development (KFED) launched the ‘Future Founders Market’, the first market organised by the Fund as part of its initiatives to empower the next generation of entrepreneurs by providing participants with a practical entrepreneurial experience through an integrated journey that begins with developing ideas and designing products, and extends to

NEWS DESK

Georgia Sees an Increase in Tourism from GCC Visitors

News Desk 06/08/2026

Georgia is emerging as one of the fastest-growing destinations for travelers from the Gulf Cooperation Council (GCC. Data suggests that in 2025 Georgia welcomed 145,513 visits from the Gulf countries, representing 3.4% increase compared to the previous year. According to the Georgian National Tourism Administration (GNTA), the country welcomed a 7.8 million international

NEWS DESK

71% of UAE organisations prioritise rapid response, establishing a pioneering corporate communications framework for crisis management

News Desk 06/08/2026

A new study by The PR Academy MENA in Dubai confirms that the United Arab Emirates has established a pioneering corporate communications framework for crisis management, built on preparedness, a proactive approach, and unified messaging. The study finds that this corporate communications model has empowered the country to transform challenges into opportunities, strengthen

NEWS DESK

Chamas Bar & Cigar Lounge Elevates the Evening with a New Curated Menu

News Desk 06/08/2026

Chamas Bar & Cigar Lounge introduces Evening Bites, the latest chapter in The Chamas Series—a new collection of premium small plates available exclusively at the bar from 5PM daily. Designed for relaxed evenings and shared moments, the menu brings together Brazilian influences with contemporary flavours, creating the perfect accompaniment to the lounge’s

NEWS DESK

AI Search Is Changing How UAE Businesses Measure Digital Marketing, Says ROSA eSolutions

News Desk 06/08/2026

UAE businesses need to reassess how they measure digital marketing performance as artificial intelligence changes the way customers discover brands, compare services and make purchasing decisions, according to ROSA eSolutions.   The Toronto-based digital marketing firm, which has a presence in Dubai, says conventional indicators such as website traffic, rankings and

NEWS DESK

Athar Awards Expands to Include New Sports Campaign Category and 80+ Industry Veterans on the 2026 Jury Panel

News Desk 06/08/2026

Athar – Saudi Festival of Creativity, the Kingdom’s largest gathering of the creative marketing industry, returns with the fourth edition of the Athar Awards. Taking place on 25 November at the Crowne Plaza Riyadh RDC, this year’s programme introduces an enhanced recognition framework, expanded entry pathways, and its largest jury yet. Brands, agencies, government

NEWS DESK

5th Middle East Tyre, Auto & Spare Parts Expo (METAS) reinforces UAE’s position as the gateway for Chinese automotive brands to MENA

News Desk 06/08/2026

The 5th edition of the Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) concluded today at Expo Centre Sharjah after three days of intensive trade activity, drawing over 19,000 professional buyers and generating approximately USD 210 million in tentative cooperation orders across the three-day event.   Organised by Inter Commerce Expo Corp. (ICEC), […]

NEWS DESK

New Nomad 70 Hits the Water

News Desk 06/08/2026

Building on the refreshed design language recently introduced with the Nomad 101, the new Nomad 70 has emerged from the construction shed and entered the water at Gulf Craft’s UAE shipyard. The model features an updated exterior profile and thoughtfully reimagined interiors, while preserving the character that defines the Nomad brand. It has been developed […]