Business & Money | Tuesday 10 February, 2026 7:00 am

Aldar’s net profit climbs to AED8.8 billion in 2025, sales reach AED40.6 billion

Aldar delivered record financial performance in 2025, announcing full-year net profit before tax up 45 percent year-on-year (YoY) to AED10.0 billion, while net profit after tax rose 36 percent to AED8.8 billion, driven by realisation of development revenue backlog and expanded investment properties ...

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Business & Money | Tuesday 10 February, 2026 7:00 am

Banking assets rise AED780 billion in 2025 to AED5.34 trillion

Banking assets continued to record strong growth during 2025, rising by more than AED780 billion over the year to reach approximately AED5.34 trillion at the end of December 2025, compared to around AED4.56 trillion at the end of December 2024. The Central Bank of the UAE (CBUAE) announced...

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Business & Money | Tuesday 10 February, 2026 7:00 am

UAE, Switzerland to launch Joint Economic Committee to promote cooperation

The Ministry of Foreign Trade and the Federal Department of Economic Affairs, Education and Research of the Swiss Confederation agreed to establish a Joint Economic Committee (JEC) that will promote cooperation, facilitate investment and enhance trade flows between the countries. A Memorandum...

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Business & Money | Tuesday 10 February, 2026 7:00 am

UAE industrial exports reach AED262 billion in 2025

The UAE’s industrial exports reached a record value of AED262 billion in 2025 for the first time, recording 25% growth compared to 2024 and more than doubling since the establishment of the Ministry of Industry and Advanced Technology in 2020. This achievement reflects the effectiveness of...

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Business & Money | Tuesday 10 February, 2026 7:00 am

Al-Falih: Priorities slowing some projects, accelerating others

Minister of Investment Khalid Al-Falih said it is natural to slow some projects and accelerate others, given unplanned priorities that emerge. In his speech at the PIF Private Sector Forum in Riyadh, Al-Falih explained that organizing the World Cup is now a reality and that the Kingdom will...

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Business & Money | Tuesday 10 February, 2026 7:00 am

Matarat, NCP launch EOI phase to develop Prince Nayef Int’l Airport in Qassim

Matarat Holding, in cooperation with the National Center for Privatization &PPP (NCP), announced the launch of the Expression of Interest (EOI) phase for the development of Prince Nayef bin Abdulaziz International Airport in Qassim under a Public-Private Partnership (PPP) model...

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Business & Money | Tuesday 10 February, 2026 7:00 am

ROSHN, Agility sign agreement to develop logistics park in Saudi Arabia

ROSHN Group, a PIF-owned company, announced the signing of heads of terms to establish a joint venture with Agility Logistics Parks to develop a large-scale Grade A integrated logistics hub in Saudi Arabia. The planned joint venture aims to develop an integrated project spanning between 1 and...

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Business & Money | Tuesday 10 February, 2026 7:00 am

Saudi keen not to hike property prices for citizens: Al-Hogail

Saudi Arabia has set a plan to attract SAR 150 billion in mortgage refinancing by 2030, aiming to draw high-quality capital and ensure the continuity of the financing cycle without disruption, Minister of Municipalities and Housing, Majed Al-Hogail, said. Speaking to media on the...

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Business & Money | Tuesday 10 February, 2026 6:00 am

Transport sector sees SAR 250B investments since 2021: Al-Jasser

Saudi Arabia’s Minister of Transport and Logistics Saleh Al-Jasser stated that investments in the sector have exceeded SAR 250 billion since the launch of the National Transport and Logistics Strategy in mid-2021. This includes multiple investments in partnership with the private sector,...

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Business & Money | Tuesday 10 February, 2026 5:35 am

Sharjah Chamber of Commerce & Industry concludes participation in Suhar Investment Forum 2026

The Sharjah Chamber of Commerce and Industry (SCCI) has successfully wrapped up its participation in Suhar Investment Forum 2026, held on February 4–5 in Suhar, North Al Batinah Governorate, Sultanate of Oman. The event featured participation from 929 delegates from across the globe,...

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