US Tariffs and Slowing EV Transition Weigh on Hyundai's Earnings, Missing Expectations
Hyundai's Q4 profit fell 40%, missing estimates, as US tariffs and slower EV demand hit earnings, despite record revenue.
Dubai Financial Market Posts Record Profit in 2025 Driven by Robust Trading and Increased Liquidity
Dubai Financial Market's 2025 profit surged 158% to AED 1.06B, driven by trading, liquidity, new listings, and rising foreign investor activity.
ADIB and Etihad Guest Launch Visa Infinite Covered Card with Record Travel Rewards
ADIB and Etihad Guest launched a Sharia-compliant Visa Infinite card with top travel rewards, targeting premium UAE travelers and boosting loyalty.
Burjeel Holdings Launches $1.5 Billion Sukuk Program for Long-Term Flexible Financing
Burjeel Holdings launches a $1.5B sukuk program for flexible financing and proposes merging Chairman and CEO roles.
Improved Income and Investment Gains Boost First Abu Dhabi Bank's Profit to AED 21.2 Billion in 2025
First Abu Dhabi Bank's 2025 profit rose to AED 21.2B, driven by higher income and investment gains, despite forex losses.
Double-Digit Growth Drives ESG Stallions UAE Profits to Record Highs by End of 2025
ESG Stallions UAE's 2025 profits hit record highs, with revenue up 39% and net profit up 48%, driven by real estate and workforce solutions.
AI Demand Turns SK Hynix Into a Profit Powerhouse and Solidifies Its HBM Memory Dominance
SK Hynix posted record 2025 profits, driven by AI memory demand and HBM dominance, with order books filled through 2027 and strong future outlook.
ADNOC and TAQA Sign Long-Term Utilities Agreement to Accelerate 'TA'ZIZ' Chemicals and Transitional Fuels Projects
ADNOC and TAQA sign a 27-year deal to supply utilities to TA'ZIZ, boosting Abu Dhabi's chemicals and fuels industry expansion.
ASML and AI Drive European Markets Higher as Luxury Goods Weigh on Gains
ASML's strong results and AI boost tech stocks, while luxury shares fall on weak demand; European markets show sector divergence.
Blackstone Earns Over $400 Million from Sale of Marathon Stake to CVC, Signaling Maturity in GP Stakes Market
Blackstone earned $400M+ from selling its Marathon stake to CVC, highlighting growth and maturity in the GP stakes market.
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