Mubadala Investment Company, an Abu Dhabi–based sovereign investor, today reported strong financial performance in its 2025 annual results with its assets under management growing 17 percent to AED1.4 trillion ($385 billion), with annualised five- and ten-year returns exceeding 10 percent.
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The United Arab Emirates is accelerating efforts to strengthen alternative trade corridors, improve customs systems and expand regional shipping connectivity as it works to protect supply chains and reinforce its position as a trusted global logistics hub amid continuing regional disruptions.
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Oil prices rose on Thursday after Iran’s Islamic Revolutionary Guard Corps claimed that shipping through the Strait of Hormuz was stopped following what it said was an Israeli ceasefire violation in Lebanon.
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Confusion over the scope of the newly announced US-Iran ceasefire and Israel's military campaign in Lebanon continued to disrupt shipping through the Strait of Hormuz, with industry operators adopting a cautious wait-and-see approach.
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The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.
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Successful digital identity proofs of concept (PoCs) have demonstrated that contactless, biometric-enabled international travel is achievable with digital identity replacing paper documentation, said International Air Transport Association (IATA).
US President Donald Trump has hailed the ceasefire agreement between the US and Iran as a big day for world peace and said there is an opportunity to make big money.
Oil prices have dropped sharply and stock markets have jumped after the US and Iran agreed a two-week ceasefire deal that includes the reopening of the Strait of Hormuz waterway.
Iran has said that the country’s military will coordinate safe passage through the Strait of Hormuz during the ceasefire.
US President Donald Trump said he had agreed to a two-week ceasefire with Iran on Tuesday on the condition that Iran agrees to reopen the critical Strait of Hormuz, while Iran’s supreme leader has instructed all military units to stop firing.
Borouge, an Abu Dhabi-based petrochemicals company, has announced that it has won shareholder approval for $1.32 billion worth of dividends for FY2025, reflecting its strong operational performance and record sales. The final set of dividend payments for 2025 amounts to $658 million (8.1 fils per share).
Saudi Arabia is moving ahead with a major transport transformation for Makkah after official approval was confirmed for the holy city’s first international airport, alongside fresh progress on a long-planned metro network designed to improve mobility for millions of pilgrims and residents.
The Black Gold Museum at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh was inaugurated on Tuesday, marking a significant milestone in Saudi Arabia’s cultural landscape.
Dubai's off-plan market is entering a more selective phase, with buyers placing greater emphasis on pricing, delivery confidence, and long-term value rather than short-term momentum, says Harry Martin, Director of Off-Plan & Capital Markets at betterhomes, a leading real estate agency.
Leading UAE developer Arada has announced the handover of its first residential homes at Sharjah’s newest lifestyle and hospitality destination - Vida Residences Aljada. A four-building complex, Vida Aljada features 255 branded residences, 149 serviced apartments and 175-key hotel.
The Middle East war's effect on rated chemical players in the Middle East will depend largely on its duration and how long the Strait of Hormuz remains disrupted, S&P Global Ratings said in a report published on Thursday.
Ethiopian Airlines marked 80 years of service on Wednesday (April 8) with the launch of year-long celebrations marking the anniversary.
Dubai Aerospace Enterprise (DAE) has announced a partnership agreement with Blackstone Credit & Insurance to launch a new long-term global investment programme branded Equator that will focus on aircraft on lease to commercial airlines, with a target deployment of $1.6 billion annually.
The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.
SLS The Red Sea, a destination in its own right, presents a dynamic culinary line-up that brings together internationally acclaimed names making their Saudi debut alongside original concepts.
Researchers at NYU Abu Dhabi have developed smart molecules capable of both detecting and treating cancer, offering a safer and more precise approach to care. Farah Benyettou, lead researcher, and Thirumurugan Prakasam, a research scientist, were part of the team.
Abu Dhabi Maritime Academy, an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo.
Choithrams, a leading UAE-based retail and distribution company, has announced that it has joined hands with Parkonic, a digitally managed parking operating system, to introduce a streamlined, ticketless parking experience across selected store locations in the UAE.
Mubadala Investment Company, an Abu Dhabi–based sovereign investor, today reported strong financial performance in its 2025 annual results with its assets under management growing 17 percent to AED1.4 trillion ($385 billion), with annualised five- and ten-year returns exceeding 10 percent.
Meta Platforms has launched its debut AI model Muse Spark, thus marking the first release from the company's Superintelligence group. Designed to boost Meta's products, Muse Spark is a compact yet powerful model capable of complex reasoning in various fields, including science and math.
Choithrams, a leading UAE-based retail and distribution company, has announced that it has joined hands with Parkonic, a digitally managed parking operating system, to introduce a streamlined, ticketless parking experience across selected store locations in the UAE.
The Black Gold Museum at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh was inaugurated on Tuesday, marking a significant milestone in Saudi Arabia’s cultural landscape.
Confusion over the scope of the newly announced US-Iran ceasefire and Israel's military campaign in Lebanon continued to disrupt shipping through the Strait of Hormuz, with industry operators adopting a cautious wait-and-see approach.
