SpaceX shares tumble after quarterly report and Moon debris revelations SpaceX shares plunged after the company released its first quarterly report since going public and amid reports that Falcon 9 …
James Bryant
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Business
DEWA Hab Reeh platform records 17% H1 2026 growth, accelerates Shams Dubai approvals
by James Bryantby James BryantDEWA’s Hab Reeh platform grows 17% in H1 2026 and accelerates Shams Dubai solar approvals DEWA’s Hab Reeh platform posts 17% growth in H1 2026, accelerating Shams Dubai approvals and …
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Business
Gold prices rise as Citi forecasts $4,500 in Q4 and $5,000 by H1
by James Bryantby James BryantGold prices edge higher to $4,059.81/oz as market consolidates Gold prices rose to $4,059.81 per ounce as markets consolidate, with Citi forecasting short-term softness before gains to $4,500 in Q4 …
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Business
Egypt’s net international reserves rise to $56.3 billion in July 2026
by James Bryantby James BryantEgypt’s foreign reserves rise to $56.30bn at end-July 2026, central bank says Egypt’s foreign reserves rose to $56.30bn at end-July 2026, from $55.07bn in June, strengthening Egypt’s ability to meet …
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Business
Salik reports H1 2026 net profit AED 704m despite traffic decline
by James Bryantby James BryantSalik posts AED 704m net profit in H1 2026 as revenues dip; active accounts climb to 2.9m Salik reports H1 2026 net profit of AED 704 million and AED 1.412 …
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Business
Dubai ranks second in BCG Smart Cities Index, leads global AI adoption
by James Bryantby James BryantDubai smart city ranks second in Boston Consulting Group global smart cities index Dubai ranks second in Boston Consulting Group smart cities index, reflecting AI and digital adoption that boost …
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Business
Abu Dhabi launches land purchase registration for citizens near relatives
by James Bryantby James BryantAbu Dhabi land registration service launched for citizens to buy plots near relatives in Al Ain’s Ramah ADREC launches Abu Dhabi land registration service enabling citizens to apply online for …
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Business
UAE-Syria Joint Business Council reconstituted to boost trade and investment
by James Bryantby James BryantUAE-Syria Business Council Reconstituted to Boost Trade and Investment UAE-Syria Business Council reformed as ministers agree to deepen trade and investment ties, naming Emirati members and targeting food security, logistics, …
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Business
DP World announces Mombasa Industrial Park to strengthen Kenya logistics hub
by James Bryantby James BryantDP World to develop Mombasa Industrial Park, expanding Kenya investments DP World will develop the Mombasa Industrial Park on 222 hectares near Mombasa Port, boosting Kenya’s logistics capacity, job creation …
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Business
Dubai launches Iltizam, world’s first multi-agent AI financial compliance system for government
by James Bryantby James BryantDubai Unveils Iltizam, the World’s First AI-Powered Government Financial Governance System Dubai launches Iltizam, an AI-powered government financial governance system that produces instant compliance reports to boost public sector transparency. …