Energy Industry

Emirates Soars to New Heights: Posts Record Profits of Dh22.7 Billion for 2024-25

Dubai’s premier airline, Emirates, has set a new benchmark in the aviation industry by announcing record profits of Dh22.7 billion for the financial year 2024-25, ending March 31, 2025....

Kuwait’s Aviation Crisis: CEO Dismissal and Airline Exodus Explained

Kuwait’s aviation industry is in turmoil. On May 6, 2025, Kuwait Airways’ CEO, Ahmad al-Kreebani, was dismissed after...

UAE’s e& Reports Record 129.9% Profit Surge in Q1 2025 Driven by Strategic Expansions and AI Adoption

UAE telecommunications giant e& has kickstarted 2025 with explosive financial results, announcing a 129.9% year-on-year leap in net...

Trump Tower Launches in Dubai: Penthouses Start from Dh70 Million

Dubai’s skyline is set to reach new heights with the official launch of Trump Tower Dubai, an ultra-luxury...

Top 10 Most Reliable Insurance Companies to Watch in 2025

The insurance industry in the Middle East and beyond is undergoing a transformative phase, driven by innovative leadership...

Saudi Arabia’s Almarai Dairy Firm to Splash $4.8 Billion

Saudi Arabia's Almarai Dairy, the largest food and beverage manufacturer, has recently unveiled an ambitious plan to invest over 18 billion riyals ($4.8 billion)...

Profit Paradise: Dubai’s Business Landscape is Booming—Find Out Why!

February saw an exceptional surge in hiring across Dubai's business landscape, representing its quickest expansion in over eight years, as evidenced by the most...

A Strategic Move: Saudi Arabia Increases Sovereign Fund’s Stake in Aramco

Saudi Arabia has made a significant decision to double its sovereign fund's investment in Aramco, the world's largest oil company. This strategic move demonstrates...

Get ready to be amazed! SNB Capital Saudi Arabia’s Game-Changing Move: $230 Million Oil and Gas Fund

SNB Capital, a leading regional investment firm based in Saudi Arabia, recently announced the creation of a new $230 million oil and gas fund....

Revealed! Dubai Solar Park will add 1,800 MW to its renewable energy capacity

Dubai plans to add another 1,800 MW to its already massive solar park, taking a significant step toward meeting its clean energy goals. The...

Good News! Dubai Airport’s Epic Comeback: Surpassing Pre-Pandemic Levels in 2023!

The COVID-19 pandemic has created unprecedented challenges for the global travel industry. Since the outbreak, passenger numbers at airports around the world have declined...
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