BUSINESS & TRADE

DOHA, Qatar – Qatar Airways Group reported a net profit of QAR 7.08bn (US$1.94bn) for the 2025/26 financial year, as the airline expanded capacity, strengthened cargo dominance and invested heavily in future fleet growth despite global economic uncertainty and...

DUBAI — UAE Economy and Tourism Minister Abdulla bin Touq Al Marri conducted an inspection tour of the Dubai Gold Souq to review traders’ compliance with anti-money laundering regulations and counter-terror financing frameworks governing the country’s gold sector. The visit...

SEOUL —The Ministry of Investment has led a high-level delegation to the Republic of Korea to advance cooperation and explore new partnership opportunities across the artificial intelligence (AI) and semiconductor value chain, as the UAE continues to pursue economic...

DUBAI - Dubai Taxi Company has agreed to fully acquire National Taxi in a deal worth 1.45 billion dirhams ($395 million), the largest consolidation move in the UAE's taxi sector that will extend the listed operator's reach into Abu...

DUBAI — The Dubai Financial Services Authority, the independent regulator of banking, financial services and markets in the Dubai International Financial Centre, has imposed a fine of US$139,722 (AED513,129) on Wael Abdelmohsen Abdellatif Mohamed Emara, also known as Mr....

JAZAN, Saudi Arabia -  High in the terraced mountains of southwest Saudi Arabia, farmers have been growing coffee the same way for the better part of eight centuries. The Khawlani bean — oily, aromatic, unlike anything produced elsewhere in...

DUBAI — Dubai Taxi Company PJSC has added 600 new taxi plates following an auction by Dubai’s Roads and Transport Authority, expanding its fleet and increasing its market share to 47%. The addition raises the company’s taxi fleet to 6,817...